Thunderstruck Resources Corporate Update

TSX-V: AWE

Thunderstruck  Resources  Corporate  Update  

(March  13,  2015)  Thunderstruck  Resources  Ltd.  (AWE:  TSX-­‐V)  is  pleased  to  provide  an  update  on  its recent  corporate  activities.

Board  and  Management  

Michael  L.  Page,  MSc.,  QP  has  been  appointed  to  the  Thunderstruck  Board  of  Directors.    Mr.  Page  brings extensive  experience  with  VMS  deposits  similar  to  Thunderstruck's  targets  in  Fiji,  with  technical  and management  experience  in  base  and  precious  metal  exploration,  mining  and  mineral  processing.

As  President  of  Maple  Minerals,  Mr  Page  developed  the  reopening  plan  and  permitted  the  Caribou  zinc-­‐ lead-­‐silver  VMS  mine  before  selling  it  to  Trevali  Mining.    Mr  Page  also  led  the  team  that  discovered  the giant  Kamoa  copper  deposit  in  the  DRC  Copper  Belt,  as  well  as  Norilsk  Nickel’s  discovery  of  a  4.4  billion pound  nickel  deposit.    He  is  a  Fellow  of  both  The  Society  of  Economic  Geologists  and  the  Australian Institute  of  Mining  and  Metallurgy.    He  will  continue  to  be  the  Company's  Qualified  Person.

Thunderstruck  is  also  pleased  to  announce  the  hiring  of  William  Anthony  Brook  as  the  in-­‐country manager  of  the  Company’s  Fiji  properties.      Mr  Brook  is  a  graduate  of  the  University  of  Tasmania  with over  40  year’s  experience  in  the  industry,  including  senior  positions  with  Australian  and  international exploration  and  mining  companies.    Mr  Brook  has  been  working  as  a  geologist  in  Fiji  since  1980,  and with  the  formation  of  Geopacific  Limited  in  1986  conducted  preliminary  sampling  on  Thunderstruck’s portfolio  of  properties  before  discovering  the  Tuvatu  gold  deposit  to  the  northwest.

“We  welcome  the  addition  of  Mike  and  Bill  to  our  team,”  stated  Bryce  Bradley,  President  and  CEO. “Thunderstruck  will  rely  on  their  respective  expertise  to  assist  us  in  liaising  with  the  Fijian  government and  landowners,  and  to  develop  cost-­‐effective  and  high-­‐quality  exploration  and  drilling  programs.”

The  Company  also  announces  that  Dale  Wallster  has  tendered  his  resignation  as  Director  due  to  time constraints  and  other  corporate  responsibilities.    The  Company  thanks  him  for  his  participation  as  a  co-­‐ founder  and  his  important  contributions  to  Thunderstruck’s  early  achievements,  and  wishes  him success  in  his  future  endeavours.

Advance  Notice  Policy  

The  Company  also  reports  that  the  Board  of  Directors  has  approved  and  adopted  an  advance  notice policy  (the  "Policy").  The  purpose  of  the  Policy  is  to  provide  shareholders,  directors  and  management  of the  Company  with  a  clear  framework  for  nominating  directors  of  the  Company.    The  Policy,  among other  things,  includes  provisions  requiring  advance  notice  to  the  Company  where  nominations  of persons  for  election  to  the  Board  of  Directors  are  made  by  shareholders  of  the  Company.  The  Policy fixes  a  deadline  by  which  director  nominations  must  be  submitted  to  the  Company  prior  to  any  annual or  special  meeting  of  shareholders  and  sets  forth  the  information  that  must  be  included  in  the  notice  to the  Company.  No  person  will  be  eligible  for  election  as  a  director  of  the  Company  unless  nominated  in accordance  with  the  Policy.

In  the  case  of  an  annual  meeting,  notice  to  the  Company  must  be  made  not  less  than  30  days  and  not more  than  65  days  prior  to  the  date  of  the  annual  meeting;  provided,  however,  that,  in  the  event  that the  annual  meeting  is  to  be  held  on  a  date  that  is  less  than  50  days  after  the  date  on  which  the  first public  announcement  of  the  date  of  the  annual  meeting  was  made,  notice  may  be  made  not  later  than the  close  of  business  on  the  10th  day  following  such  public  announcement.  In  the  case  of  a  special meeting  called  for  the  purpose  of  electing  directors  (whether  or  not  called  for  other  purposes),  notice to  the  Company  must  be  made  not  later  than  the  close  of  business  on  the  15th  day  following  the  day  on which  the  first  public  announcement  of  the  date  of  the  special  meeting  was  made.

The  Policy  is  effective  as  of  March  13,  2015.  Pursuant  to  the  terms  of  the  Policy,  the  Company  will  seek shareholder  ratification  of  the  Policy  at  its  next  annual  general  meeting  anticipated  to  be  held  in  Q2 2015.  If  the  Policy  is  not  confirmed  at  the  meeting,  the  Policy  will  terminate.  The  full  text  of  the  Policy  is available  under  the  Company's  profile  at  www.sedar.com  and  on  the  Company's  website.

Settlement    

In  other  news,  the  Company  has  entered  into  a  transaction  with  Aljen  (Pacific)  Limited  (“Aljen”),  the vendor  of  the  Company’s  Fiji  exploration  properties,  and  its  affiliates,  and  Arcadia  Mining  Ltd.

(“Arcadia”),  a  former  interest  holder  of  Aljen,  pursuant  to  which  the  Company  will  issue  to  Arcadia 200,000  common  shares  at  a  deemed  price  of  $0.10  per  share;  acquire  from  Arcadia  certain  drill equipment  for  the  property;  pay  to  Aljen  AUS$11,640;  and  amend  the  Company’s  mineral  property option  and  sale  agreement  with  Aljen  (see  press  release  dated  July  10,  2014)  to  increase  the  final  cash payment  under  the  option  agreement  by  AUS$28,100,  all  of  which  will  be  in  settlement  of  any  and  all claims  or  potential  claims  relating  to  the  parties  or  the  property.

2014  Nakoro  Surface  Exploration  

Assays  have  been  received  for  the  remaining  90  samples  for  last  year's  surface  exploration  programme. Highly  anomalous  values  up  to  1,505  ppm  lead  and  707  ppm  zinc  occur  a  further  250  metres  east  and 200  metres  west  of  the  last  mineralized  drill  holes.  The  contact  is  still  open  east  and  west  and  this  new information  will  be  used  for  drill  campaign  planning.

Geological  Mapping  

The  Company  will  conduct  geological  mapping  and  further  trenching  at  Nakoro  in  April  in  preparation for  its  planned  drill  program  to  follow  up  on  the  successful  drilling  on  these  prospects  by  Anglo American  in  the  1970s.

The  information  in  this  Press  Release  has  been  reviewed  and  approved  by  Mr.  Page,  who  is  a  Qualified Person  as  defined  in  National  Instrument  43-­‐101  Standards  of  Disclosure  for  Mineral  Projects  (“NI  43-­‐ 101”).

About  Thunderstruck  Resources

Thunderstruck  Resources  is  a  Canadian  mining  exploration  company  with  highly  prospective  VMS  and Precious  Metals  projects  in  Fiji.  The  Company  provides  investors  with  exposure  to  a  diverse  portfolio  of assets  rich  in  copper,  zinc,  silver  and  gold  in  a  politically  safe  and  stable  jurisdiction.  Thunderstruck trades  on  the  Toronto  Venture  Exchange  (TSX-­‐V)  under  the  symbol  “AWE”.

For  additional  information,  please  visit  the  website  www.thunderstruck.ca  or  contact:

Bryce  Bradley,

President,  Chief  Executive  Officer  and  Director Telephone:  (604)  349-­‐8119 Email:  [email protected]

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain statements that may be deemed “forward-looking statements. Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Specifically, there is no assurance (i) the option agreement will be closed on the terms outlined above, or at all; (ii) the private placement will be closed; (iii) TSX Venture Exchange approval will be received; (iv) Thunderstruck will exercise the option on the terms outlined above, or at all; or (v) the optioned properties will prove to contain any ore that can be mined economically. Forward looking statements are based on the beliefs, estimates and opinions of Thunderstruck’s management on the date the statements are made. Except as required by law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

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