Thunderstruck Announces Exploration and Drilling Update

Original announcement by tmx on

Company
Thunderstruck Resources Ltd.
Ticker
AWE
Exchange
TSX
Region
Fiji
Primary commodity
Gold
Secondary commodities
Silver, Zinc, Copper
Document categories
Drill results, Other
Extracted
2026-09-19 16:25:48 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Thunderstruck Resources has commenced an IP geophysical survey at the Nakoro VMS prospect and completed one maiden drill hole (LWDD001) at the Vatuvatulevu prospect. While the drill hole did not return significant assays, the company is preparing for a productive 2023 drilling program targeting gold-silver anomalies at the Liwa project.

Reasoning: The update provides progress on geophysical surveying and drilling programs, though the single completed drill hole did not return significant assays.

Positive factors

  • Commencement of IP geophysical survey at Nakoro
  • High-grade surface anomalies at Liwa prospects
  • Completion of maiden drill hole at Vatuvatulevu

Negative factors

  • Maiden drill hole (LWDD001) reported no significant assay results
  • Shipping delays impacted 2022 drilling season

Facts used in scoring: 7

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes detailed QA/QC protocols including CRM/blank insertion frequencies and lab methods.

Evidence · text

“Quality Control and Quality Assurance (QAQC) protocol for drill core samples includes: 1) field measurement of half core sample weights; 2) insertion of certified reference materials at 1 in 50 frequency; 3) insertion of Certified Reference Materials (CRM) or blank sample at 1 in 50 frequency.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The company highlights proximity to the prolific Vatukoula Gold Mine.

Evidence · text

“Fiji has a long history of mining with over 75 years of activity at the prolific Vatukoula Gold Mine”

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (7)

LWDD001Liwa Gold/Silver ProspectView all details
Link to this fact

Identity

Hole ID
LWDD001
Project
Liwa Gold/Silver Prospect
Region
fiji
Reported Region
fiji
Ticker
AWE

Geometry

Hole Depth
247.9 m

Classification

Sample Type
drill

Location

Location
Vatuvatulevu
Easting
592981
Northing
8003580
CRS
WGS84
Elevation
330 m
Azimuth
90 °
Dip
-64 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Minerals
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-03-30T00:00:00.000Z

Reasoning: Maiden hole completed but failed to return significant mineralization.

Negative factors

  • No significant assay results reported

Evidence · text

“whilst not reporting any significant assay results, has provided critical structural information”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

NKD2Nakoro VMS Prospect · zincGrade: 12.7Grade Unit: %Intercept: 12 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NKD2
Project
Nakoro VMS Prospect
Commodity
zinc
Region
fiji
Reported Region
fiji
Ticker
AWE

Geometry

Grade
12.7
Grade Unit
%
Intercept
12 m
From
64 m
To
76 m
Intercept Depth
64 m

Classification

Sample Type
drill
Group ID
NKD2:64-76

QA/QC

QA/QC Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2023-03-30T00:00:00.000Z

Reasoning: Historical high-grade intercept mentioned as context.

Positive factors

  • High grade zinc intercept

Evidence · text

“12.0m @ 12.7% Zn”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

NKD2Nakoro VMS Prospect · copperGrade: 0.3Grade Unit: %Intercept: 12 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NKD2
Project
Nakoro VMS Prospect
Commodity
copper
Region
fiji
Reported Region
fiji
Ticker
AWE

Geometry

Grade
0.3
Grade Unit
%
Intercept
12 m
From
64 m
To
76 m
Intercept Depth
64 m

Classification

Sample Type
drill
Group ID
NKD2:64-76

QA/QC

QA/QC Disclosed
Yes

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2023-03-30T00:00:00.000Z

Reasoning: Historical copper intercept mentioned as context.

Evidence · text

“0.3% Cu from 64m (NKD2)”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Fact 4Liwa Gold/Silver Prospect · goldGrade: 0.61Grade Unit: g/tIntercept: 71.3 mView all details
Link to this fact

Identity

Project
Liwa Gold/Silver Prospect
Commodity
gold
Region
fiji
Reported Region
fiji
Ticker
AWE

Geometry

Grade
0.61
Grade Unit
g/t
Intercept
71.3 m

Classification

Sample Type
surface

Location

Location
Liwa Ridge
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-03-30T00:00:00.000Z

Reasoning: Surface trenching results.

Positive factors

  • Wide trench intercept

Evidence · text

“71.3m at 0.61g/t Au (trench)”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 5Liwa Gold/Silver Prospect · goldGrade: 41.6Grade Unit: g/tView all details
Link to this fact

Identity

Project
Liwa Gold/Silver Prospect
Commodity
gold
Region
fiji
Reported Region
fiji
Ticker
AWE

Geometry

Grade
41.6
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Vatuvatulevu
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-03-30T00:00:00.000Z

Reasoning: High grade surface rock chip.

Positive factors

  • High grade rock chip

Evidence · text

“41.6g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 6Liwa Gold/Silver Prospect · silverGrade: 1205Grade Unit: g/tView all details
Link to this fact

Identity

Project
Liwa Gold/Silver Prospect
Commodity
silver
Region
fiji
Reported Region
fiji
Ticker
AWE

Geometry

Grade
1205
Grade Unit
g/t

Classification

Sample Type
surface

Location

Location
Vatuvatulevu
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-03-30T00:00:00.000Z

Reasoning: High grade surface rock chip.

Positive factors

  • High grade rock chip

Evidence · text

“1,205g/t Ag”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 7Liwa Gold/Silver Prospect · goldGrade: 5.7Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Project
Liwa Gold/Silver Prospect
Commodity
gold
Region
fiji
Reported Region
fiji
Ticker
AWE

Geometry

Grade
5.7
Grade Unit
g/t
Intercept
7 m

Classification

Sample Type
surface

Location

Location
Jensens
Loc. Source
document

QA/QC

QA/QC Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-03-30T00:00:00.000Z

Reasoning: Surface trenching results.

Positive factors

  • Strong trench intercept

Evidence · text

“7m at 5.7 g/t Au (trench)”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.