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Be the first with the news that moves the market- Thunderstruck Resources (AWE) is preparing for a drill program at its Liwa Creek and Korokayiu projects in southern Fiji
- The company received a special travel exemption from the Fijian government and two sea containers carrying drill rigs and other equipment have now arrived at the port
- Employees will be required to quarantine for a period of 14 days before exploration work can begin
- The program is expected to commence by the end of August
- Thunderstruck Resources (AWE) is currently up 3.13 per cent and is trading at C$0.16 per share
Thunderstruck Resources (AWE) is preparing for a drill program at its Liwa Creek and Korokayiu projects in southern Fiji.
The Vancouver-based mineral exploration company received a travel exemption from the Fijian government, and two sea containers have now arrived at port in the country carrying two drill rigs and other equipment necessary for the upcoming drill programs.
Lloyd Gale, who will oversee the programs, has also safely arrived in Fiji.
All employees of Thunderstruck Resources will be required to quarantine for a period of 14 days in a government-supervised hotel. Following this, drill teams will be mobilised to their respective sites with drilling expected to begin by the end of August.
Bryce Bradley, President and CEO of Thunderstruck Resources, commented on the upcoming drill programs.
“We would like to thank the Fijian government for creating a special travel exemption and Covid-19 quarantine program to allow the company’s drill team to safely enter Fiji.
“This exemption shows the country’s commitment to exploration and development having successfully eradicated Covid-19 through stringent travel restrictions. We could not be happier to work amongst the hard-working people of Fiji,” he said.
The Korokayiu Project hosts the Wainaleka deposit, a copper-zinc volcanogenic massive sulphide prospect situated in the central portion of the property.
Recent exploration work carried out in 2007 by the property’s previous operator, Aljen Pacific Limited, included surface rock grab sampling along new forestry roads at the west end of the Wainaleka Deposit and 500 metres to the northwest.
The results included 2.7 per cent copper and 19.9 per cent zinc, as well as 7.1 per cent copper and 14.4 per cent zinc.
Thunderstruck Resources (AWE) is currently up 3.13 per cent to C$0.16 per share at 3:16pm EDT.
