Thunderstruck Resources Ltd. — Capital/Financing Update 2020

Sep 23, 2020

TSXV: AWE OTC: THURF

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STOCK OPTION GRANT

September 23, 2020 – Vancouver, British Columbia – Thunderstruck Resources Ltd. ( “ Thunderstruck ”; TSX-V: AWE, OTC: THURF) announces that the Company has granted 1,100,000 stock options having an exercise price of $0.115 and a ten-year term to certain of its directors, officers and consultants.

About Fiji

Viti Levu, the main island of Fiji, has a long mining history. It is on the prolific Pacific Ring of Fire, a trend that has produced numerous large deposits, including Porgera, Lihir and Grasberg. The island of Viti Levu hosts Namosi, held by a joint venture of Newcrest, Mitsubishi and Nittetsu. Newcrest published Proven and Probable Reserves for Namosi of 1.3 billion tonnes at 0.37% Cu and 0.12 g/t Au (5.2M ounces Au and 4.9M tonnes Cu) (please see Company’s Press Release October 19, 2019) . Namosi is now undergoing environmental assessment as part of the permitting process. Lion One Metals is now developing its Tuvatu Project, with Indicated Resources of 1.1 million tonnes at 8.17 g/t Au (294,000 ounces Au), and Inferred Resources of 1.3 million tonnes at 10.6 g/t Au (445,000 ounces Au). The Vatukoula Gold Mine has been operating for 80 years, producing in excess of 7 million ounces.

ABOUT THUNDERSTRUCK RESOURCES

Thunderstruck Resources is a Canadian mineral exploration company that has assembled four extensive and highly prospective properties in Fiji on which recent and previous exploration has confirmed VMS, copper and precious metals mineralization. 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 Toronto Venture Exchange (TSX-V) under the symbol "AWE" and United States OTC under the symbol “THURF”.

On behalf of Thunderstruck Resources Ltd.

Bryce Bradley President/CEO, Director

For additional information, please contact:

Rob Christl, Investor Relations Manager Email: rob@thunderstruck.ca P: 778 840-7180

THUNDERSTRUCK RESOURCES LTD. www.thunderstruck.ca TSX-V: AWE OTC: THURF

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. 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.

THUNDERSTRUCK RESOURCES LTD.

www.thunderstruck.ca TSXV: AWE; OTC: THURF