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Thunderstruck Resources Starts Diamond Drilling at Liwa Gold-Silver Project in Fiji

Thunderstruck Resources Starts Diamond Drilling at Liwa Gold-Silver Project in Fiji

MT newswireMT newswire2026/10/20 16:41
12:41 PM EDT, 10/20/2026 (MT Newswires) -- Thunderstruck Resources (AWE.V) has started a first-pass diamond drill program its "high-grade" Liwa gold-silver project in southern Viti Levu, Fiji, it said in a statement on Tuesday. The company expects to complete drilling of the first four holes at Liwa by mid-December, with first assays expected to be received immediately thereafter, it said. It also expects diamond drilling to be undertaken at the Korokayiu zinc-copper massive sulfide (VMS) project during the first quarter of 2027, if weather conditions permit. The current drill program is expected to test three of the four main epithermal gold-silver targets, namely Liwa Ridge, Jensen's, and Lower Vatuvatulevu, Thunderstruck said. The Canadian mineral exploration company also cancelled its private placement of common shares at CA$0.15 per share as announced Aug. 13, 2026. It anticipates a future fundraising in the fourth quarter, it added. The company's shares last traded Oct. 14, closing at CA$0.11 on the TSX Venture Exchange.
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