Thunderstruck Resources | Fiji Is Going To Be The Next Hotspot for Exploration and Mining

TL;DR

Thunderstruck Resources, a mining company in Fiji, has high-grade zinc, copper, and gold assets and is seeking joint venture partners for exploration and drilling.

Transcript

this was Gillian Morris from an investing news network reporting live from PDAC 2018 I am here with Bryce Bradley president and CEO of thunderstruck resources trading on the serrano venture exchange under awwe Bryce thank you so much for joining thanks for having me in 30 seconds can you give me a breakdown of your company and its value proposition... Read More

Key Insights

• 🙃 Thunderstruck Resources owns four high-grade zinc, copper, and gold assets in Fiji.
• 🈺 Fiji is a mineral-rich country that has been relatively underexplored but is now open for business.
• ✋ The company is focused on exploring and potentially drilling off their high-grade zinc, copper offsets.
• 🕖 Thunderstruck Resources has generated interest primarily in their zinc assets, which are approximately seven percent zinc and one to two percent copper.
• 🌥️ The company aims to secure joint venture partnerships for certain projects and may consider joint ventures for the large copper porphyry asset due to its size and cost.
• 🧑‍✈️ 2018 is expected to be a significant year for Thunderstruck Resources, as they own everything outright and have generated a lot of interest.
• ❓ The positive market conditions for zinc and copper prices align with Thunderstruck Resources' readiness for partnerships and exploration.

Questions & Answers

Q: What minerals does Thunderstruck Resources focus on?

Thunderstruck Resources concentrates on high-grade zinc, copper, and gold assets in Fiji. They own four such assets, which were drilled in the late seventies.

Q: What are their current plans for exploration and drilling?

The company recently finished a campaign on a copper porphyry and will conduct IP and mapping in the coming months. They aim to get back on the land for drilling during the April to November drilling season.

Q: What makes Thunderstruck Resources unique?

Thunderstruck Resources stands out for being located in Fiji, a mineral-rich country that is relatively underexplored. They have a first-mover advantage in picking what they believe are the best properties in Fiji.

Q: What recent big news has Thunderstruck Resources announced?

Thunderstruck Resources recently closed a financing round and added Lawrence Ralston, a well-known geologist, to the board. They have also brought on two key angus as their capital markets advisor, boosting their financial position.

Summary & Key Takeaways

• Thunderstruck Resources owns four high-grade zinc, copper, and gold assets in Fiji, which were drilled in the late seventies. Their market cap is currently three million dollars.

• The company recently completed a campaign on a copper porphyry and plans to conduct IP and mapping in the coming months. The drilling season is from April to November.

• Thunderstruck Resources is unique for being situated in Fiji, which is a mineral-rich but underexplored country. The company believes Fiji will become a hot spot for exploration and mining in the future.