Help Desk -
9958816305, 9810335381
Email
Password

Thunderstruck Resources announces Q3 field program

Mining News - Published on Wed, 24 Oct 2018

Image Source: Thunderstruck Resources
Thunderstruck Resources Ltd. announced that results of its Q3 field program has significantly increased the size of its Rama Creek copper-gold porphyry prospect. Rama is located on the main island of Fiji, 35 km west of the giant Namosi copper-gold district porphyry deposits, which are at the pre-feasibility phase and operated by a joint venture between Newcrest and Mitsubishi. Recent field work at Rama included geological mapping, trenching and the collection of 287 samples. The work was focused on the previously discovered Senikura Gold Zone, located southwest of the Rama Creek Porphyry. A large and prospective area to the south is yet to be explored.

Ms Bryce Bradley, President/CEO, said that "The footprint of our porphyry target has effectively doubled to approximately 1.5 km in diameter. The results of the current program strongly suggest that the Senikura Gold Zone, which was previously interpreted as a separate and distinct gold target south of the porphyry system, is actually part of one large and well-mineralized hydrothermal system. This is a game changer as it demonstrates that Rama has potential to be a major copper-gold system."

Source :

Posted By : Rabi Wangkhem on Wed, 24 Oct 2018
Related News from Mining segment