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THUNDER SWORD RESOURCES INC.
#1006 - 736 Granville Street
Vancouver, B.C. V6Z 1G1
Tel: (604) 682 4429
N E W S R E L E A S E
THUNDER SWORD RESOURCES EXPLORES POSSIBLE METEORITE IMPACT
STRUCTURE WITHIN ITS KERCHER LAKE CLAIMS
July 10, 2006 – Vancouver, B.C. - Thunder Sword Resources Inc. (‘Thunder
Sword’ or the ‘Company’) (TSX.V: THU) is pleased to report
that early analyses of the Megatem airborne data suggests that the Kercher
Lake Block of claims provides interesting features. Fugro states in the General
Response to the Survey that “This area displays some oddly interesting
features. The digital terrain elevation values derived from the GPS data and
the on-board radar altimeter values, indicate a very circular crater-like structure
near the center of the block. The on-time EM signature defines an area of surface
conductivity right in the centre of this circular crater-like structure,” said
Jean Lemieux, Chief Geophysicist – Fugro Airborne Surveys.
Thunder Sword has suspected that this feature may be related to a meteorite
impact. Satellite imagery was used in the target selection process for this
property in October of 2004. With 174+/- known meteorite impact sites on earth, “35
of the known craters have been associated with economic deposits of which 17
are currently being exploited with resulting revenues of over $12 billion annually
(Greive and Masaitis, 1994).” 190 km to the north west of the Kercher
Block is the Carswell Lake meteorite impact structure. The Carswell Lake structure
is within the Athabasca Basin and within its circular structure is the location
of the Cluff Lake Uranium Mine (1979-2002, mined out and in decommission phase).
The circular signature at Kercher Lake is also within the Athabasca Basin and
provides Thunder Sword a unique exploration target. Although the primary search
is for uranium, the management team is planning to include a search for additional
minerals and other potential indicators associated with known meteorite impacts.
The known economics related to world impact structures provides Thunder Sword
with an enhanced opportunity for this group of claims.
About Thunder Sword Resources Inc.
Thunder Sword’s primary objective is to identify and develop significant
uranium discoveries in the Athabasca Basin in Saskatchewan. The company has
amassed an inventory of uranium projects totaling over 74,772 hectares in Saskatchewan’s
Athabasca Basin and several near-term targets are expected to be drilled in
the fall/winter of 2006. Thunder Sword also operates the Geermu project which
produces high purity magnesium chloride in China and owns and operates the
Pipe Lake gold property which consists of 50 claims.
Matty Goldstein, Director
For more information please contact:
Gordon Nesbitt, Investor Relations
Toll Free: 866-328-3188
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this News Release.
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