04:07:16 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Thunderstruck Resources Ltd (2)
Symbol AWE
Shares Issued 26,661,946
Close 2023-12-12 C$ 0.055
Market Cap C$ 1,466,407
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Thunderstruck Resources director Roulston resigns

2023-12-12 17:22 ET - News Release

Mr. Bryce Bradley reports

THUNDERSTRUCK CORPORATE UPDATE

Lawrence Roulston has resigned from Thunderstruck Resources Ltd.'s board of directors effective Dec. 11, 2023, as he shifts his focus to other entities. The company extends its gratitude to Mr. Roulston for his contributions to the company and wishes him success in his future ventures.

Stepping in as a director of the company to fill in the vacancy left by Mr. Roulston will be Mr. Eric Roth, previously an adviser to the company and currently serving as the chief executive officer and director of Capella Minerals Ltd.

Mr. Roth holds a PhD in economic geology from the University of Western Australia and is an economic geologist with over 35 years of experience in international minerals exploration and mining project evaluation. Prior to Capella, he was chief operating officer of Mariana Resources Ltd., which was acquired by Sandstorm Gold Royalties in July, 2017, for the high-grade Hod Maden copper-gold discovery in northeast Turkey. Prior to this, Mr. Roth was chief executive officer of Aegean Metals Group Inc. (original acquirer of the Hod Maden project) and president and chief executive officer of Extorre Gold Mines Ltd. (discoverer of the high-grade Cerro Moro gold-silver deposit in Santa Cruz province, Argentina, which was acquired by Yamana Gold Inc. in mid-2012 for $440-million).

Mr. Roth worked for AngloGold Ashanti Ltd. (AGA) between 2002 and 2008, initially as the Lima-based Peruvian project and South American opportunities manager and subsequently as the Johannesburg-based global head of greenfields exploration. During his Johannesburg tenure, AGA's greenfields exploration teams brought in over 20-million-plus-ounce Au in new inferred resources through discoveries in Colombia (Colosa, Gramalote), Australia (Tropicana) and the Democratic Republic of the Congo (Mongwalu) at a discovery cost of less than $15 (U.S.)/ounce. Prior to AGA, Mr. Roth worked with Toronto Stock Exchange-listed Aur Resources Inc., discoverer of the high-grade Louvicourt VMS deposit located near Val d'Or, Que.

Mr. Roth is a fellow of the Australian Institute of Mining and Metallurgy (FAusIMM), a fellow of the Society of Economic Geologists (SEG) and a principal of consulting firm ER Global Consulting SpA.

About Thunderstruck Resources Ltd.

Thunderstruck is a Canadian mineral exploration company focused on the discovery of high-value gold-silver epithermal and copper-gold porphyry deposits on the main island of Viti Levu in Fiji.

Fiji has a long history of mining with over 75 years of activity at the prolific Vatukoula gold mine alongside several advanced development projects, including Tuvatu, indicated resources of 1.00 million tonnes of 8.48 grams per tonne gold (274,600 ounces), inferred resources of 1.33 million tonnes of 9.0 g/t Au (384,000 oz) (Tuvatu preliminary economic assessment update, National Instrument 43-101) and Namosi, proven, measured and indicated resources of 1.8 billion tonnes at 0.35 per cent copper and 0.11 g/t Au (6.4 million oz Au and 6.3 million tonnes Cu) (Newcrest annual mineral resources update, June, 2022).

The company provides investors with exposure to a diverse portfolio of exploration-stage projects with potential for zinc, copper, gold and silver in a politically safe and stable jurisdiction. Thunderstruck trades on the TSX Venture Exchange under the symbol AWE and on the U.S. OTC under the symbol THURF.

We seek Safe Harbor.

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