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THUNDERSTRUCK RES LTD - $THURF STOCK NEWS

Welcome to our dedicated page for THUNDERSTRUCK RES news (Ticker: $THURF), a resource for investors and traders seeking the latest updates and insights on THUNDERSTRUCK RES stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect THUNDERSTRUCK RES's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of THUNDERSTRUCK RES's position in the market.

Rhea-AI Summary

Thunderstruck Resources provides an update on its Rama porphyry copper-gold project in Fiji, highlighting significant exploration activities and discoveries. The company expands the footprint of the original Rama discovery, makes new copper-gold discoveries, and identifies additional exploration targets. Thunderstruck aims to position itself as a leading explorer in the Rama-Namosi copper-gold belt. The company's 2024 exploration program includes prioritizing copper-gold targets for drilling and enhancing ground access through road construction. Thunderstruck plans core drilling on priority targets to uncover the full potential of the Rama project.

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Rhea-AI Summary
Thunderstruck Resources announces a private placement of up to $1,000,000 to advance the Rama-Senikura Copper/Gold Prospect in Fiji and for general working capital. The company aims to capitalize on strong copper prices and a projected supply deficit by focusing on its Rama copper/gold porphyry, strategically located near Newmont's Namosi project. The private placement involves the sale of 16,666,666 units at $0.06 per unit, with each unit comprising one common share and one share purchase warrant. Directors and officers will acquire securities under the placement, and funds will be used for drilling and exploration at the Rama-Senikura prospect.
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