Mr. Bryce Bradley reports
THUNDERSTRUCK APPOINTS DIRECTOR AND PROVIDES EXPLORATION UPDATE
In connection with the investor rights agreement dated May 20, 2026, between Thunderstruck Resources Ltd. and Zhaojin International Gold Co. Ltd., Zhaojin has selected Tang Lei as its initial nominee to the Thunderstruck board, effective as at June 15, 2026.
Mr. Tang is the director and chief executive officer of Zhaojin, and has over 30 years of experience in mineral exploration, mine development and mining operations. Prior to his current role, he held several senior leadership positions within Zhaojin Mining Industry Co. Ltd., including deputy manager of the investment and development department, manager of the geological exploration department, vice-president, and concurrently general manager of Shandong Zhaojin Geological Exploration Co. Ltd. He also served as deputy general manager of Qinghe Jindu Mining Development Co. Ltd. and Fuyun Zhaojin Mining Co. Ltd.
Mr. Tang is a professorate senior engineer, earning a bachelor's degree in geological and mineral exploration from the Gold College of Northeastern University, and a master's degree in geochemistry from Guilin Institute of Technology (now Guilin University of Technology).
Exploration update
Headed by Wenbin Chen, Thunderstruck's vice-president of exploration, the company's technical team is currently conducting comprehensive field due diligence at the Liwa gold-silver prospect, the final of Thunderstruck's four principal projects to be evaluated. Upon completion of the site review, the team will finalize a comprehensive exploration program for the company's portfolio.
Thunderstruck president and chief executive officer Bryce Bradley commented:
"We are pleased to welcome Mr. Tang to our board of directors and to have Mr. Chen lead our technical team as we evaluate the full potential of our Fijian portfolio. Their combined leadership and decades of technical and operational experience significantly strengthen Thunderstruck as we complete field due diligence at Liwa and Rama, and prepare to launch a disciplined exploration program. We believe this positions the company to unlock substantial value for our shareholders."
The company has also granted an aggregate of 2,550,000 stock options to directors, officers, employees and consultants at an exercise price 13 cents per share for a period of five years.
About Zhaojin International Gold Co. Ltd.
Zhaojin is a Shenzhen Stock Exchange-listed mining company headquartered in Jinan City, Shandong province, People's Republic of China. In Fiji, Zhaojin is the owner and operator of the Vatukoula gold mine, a historically significant gold operation that has been in continuous production for over 90 years and currently supports a work force of more than 1,300 employees and contractors.
Zhaojin's controlling shareholder is Zhaojin Group, a vertically integrated gold mining enterprise with operations across mineral exploration, mining, processing, smelting, refining, gold bar production and gold jewellery manufacturing. Zhaojin Group is among China's leading gold producers with reported total consolidated gold production of approximately 600,000 to 700,000 ounces in 2025.
About Thunderstruck Resources Ltd.
Thunderstruck Resources is a Canadian mineral exploration company focused on the discovery of high-value copper-gold porphyry, gold-silver epithermal and VMS (volcanogenic massive sulphide) base metal 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 other advanced development projects and mines, including Tuvatu (Lion One Metals), with indicated resources of 1.00 million tonnes (t) at 8.48 grams per tonne (g/t) gold (Au) (274,600 ounces (oz)) and inferred resources of 1.33 million t at 9.0 g/t Au (384,000 ounces) (Tuvatu PEA (preliminary economic assessment) update, National Instrument 43-101), and Namosi (Newmont), with proven, measured and indicated resources of 1.8 billion t at 0.35 per cent copper (Cu) and 0.11 g/t Au (6.4 million oz Au and 6.3 million t 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 United States OTC under the symbol THURF.
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