Vancouver, British Columbia--(Newsfile Corp. - March 31, 2026) - Thunderstruck Resources Ltd. (TSXV: AWE) (OTC: THURF) (the "Company" or "Thunderstruck") is pleased to announce that Zhaojin International Gold Co. Ltd. (SZSE: 000506) ("Zhaojin"), a Shenzhen Stock Exchange-listed gold mining company and the owner and operator of Fiji's Vatukoula Gold Mine, intends to make a strategic investment in the Company, marking Zhaojin's first investment in an exploration company. The proposed investment underscores g ...

Core Viewpoint - The article discusses the recent volatility in the gold market, highlighting a significant drop in gold prices due to external factors such as geopolitical tensions and the U.S. Federal Reserve's monetary policy decisions [1][6][7]. Gold Price Movement - On March 19, the spot gold price experienced sharp fluctuations, hitting a low of $4803 per ounce before recovering slightly to $4835.04, marking a 0.45% increase [1]. - Domestic gold jewelry prices followed the international trend, with brands like Chow Sang Sang seeing a decrease in price from 1547 RMB to 1492 RMB per gram, a drop of 55 RMB [3]. Stock Market Impact - The A-share and Hong Kong stock markets for gold and jewelry sectors faced declines, with companies like Wan Guo Gold Group dropping nearly 18% and Zijin Gold International falling over 8% [3][4]. - A detailed table lists various companies and their respective price changes, indicating significant losses across the board, with Wan Guo Gold Group down 17.82% and Zijin Gold International down 8.48% [5]. Geopolitical and Economic Factors - The article notes rising geopolitical tensions in the Middle East, particularly threats from Iran, which have contributed to increased oil prices and inflation expectations [6][7]. - The U.S. Federal Reserve's decision to maintain interest rates between 3.5% and 3.75% has also influenced market sentiment, aligning with expectations but contributing to a stronger dollar, which pressures precious metal prices [6][7]. Long-term Outlook for Gold - Despite short-term pressures, institutions believe the long-term upward trend for gold remains intact due to ongoing geopolitical risks, inflation concerns, and a shift towards diversification of central bank reserves away from the dollar [8]. - Analysts suggest that the current geopolitical climate and inflationary pressures may lead to a delayed interest rate cut by the Federal Reserve, with potential easing not expected until 2026 [8]. - Historical trends indicate that gold prices tend to rise following geopolitical conflicts, and current valuations for leading companies in the gold sector are at historically low levels, suggesting potential for future growth [8].

Group 1 - The core point of the article is that Zhaojin Mining (000506) reported that as of February 13, 2026, the number of its shareholders is approximately 124,000 [1]

Core Viewpoint - The company is currently managing challenges posed by increased rainfall during the rainy season in Fiji, but has implemented measures to ensure that production operations at the Vatukoula gold mine remain unaffected [1] Group 1: Production Operations - The rainy season has led to increased rainfall, which presents challenges for the production operations at the Vatukoula gold mine [1] - The company has deployed comprehensive measures in advance to address these challenges, ensuring that operations have not been impacted by the rainy season [1] Group 2: Mine Management and Upgrades - The company is committed to strengthening monitoring and management during the rainy season to ensure the safe operation of the mine [1] - The technical upgrade work at the Vatukoula gold mine is progressing as planned, with completion expected by the end of 2026 [1] - The daily processing capacity of tailings at the Vatukoula gold mine has stabilized at 1,300 tons, while the daily processing of ore is approximately 1,000 tons [1] - Relevant updates regarding the technical upgrades will be disclosed in the company's 2025 annual report as required [1]

Market Overview - The market experienced fluctuations with mixed performance across major indices, where the Shanghai Composite Index rose by 0.39%, while the Shenzhen Component Index fell by 0.06%, and the ChiNext Index decreased by 1.04% [1] Sector Performance - The non-ferrous metals sector showed strong performance, with companies like Zhangyuan Tungsten and Xianglu Tungsten hitting the daily limit [1] - The rare earth permanent magnet sector also saw gains, with Zhongxi Rare Earth reaching the daily limit and Baogang Group nearing the limit [1] - Gold stocks rallied, with Hunan Gold hitting the daily limit [1] - The computing power leasing concept was active, with Chengdi Xiangjiang and Litong Electronics also reaching the daily limit [1] Specific Stock Movements - Hunan Gold (SZ002155) increased by 10.01% to 37.70, while Hengbang Shares (SZ002237) rose by 5.18% to 18.90 [3] - Other notable performers included Xiaocheng Technology (SZ300139) up by 4.96% to 66.48, and Chifeng Gold (SH600988) up by 2.97% to 39.92 [3] Industry Trends - The computing chip stocks showed recovery in the afternoon, with declines narrowing, while the film and cinema sector continued to adjust, with Bona Film Group experiencing a notable decline [4]

Group 1 - The A-share market saw a strong performance in gold-related stocks, with notable increases such as Xiaocheng Technology rising over 12% and Hebang Bio hitting the daily limit of 10% [1] - Recent news indicates that gold and silver prices have strengthened, with spot gold reaching a high of $5249.97, the highest since January 30, and spot silver surpassing $90, a peak since February 5 [1] - UBS maintains a positive outlook on gold, projecting that the international spot gold price could reach $6200 per ounce in the coming months, driven by geopolitical risks and continued monetary easing by the Federal Reserve [1] Group 2 - Analysts predict that global gold demand will exceed 5000 tons by 2025, supported by stronger investment flows and ongoing purchases by central banks [1] - Supply growth appears limited, with Wood Mackenzie estimating that around 80 mines will exhaust their current production plans by 2028, indicating constrained supply elasticity in the short term [1] - The following companies experienced significant stock price increases: Xiaocheng Technology (12.91%), Hebang Bio (10.08%), and Hunan Silver (9.65%), among others, reflecting the bullish sentiment in the gold sector [2]

Market Overview - On the first trading day of the Year of the Horse, A-shares opened higher with the Shanghai Composite Index up by 1.15%, the Shenzhen Component Index up by 1.52%, and the ChiNext Index up by 1.70% [1] - Precious metals, oil and gas, and computing power sectors showed significant gains [1] Precious Metals Sector - The precious metals concept saw a rapid increase, with notable stocks such as Xiaocheng Technology rising over 13% and Hunan Silver approaching the daily limit [6] - Other companies in the sector, including Sichuan Gold, Hunan Gold, and Zhaojin Mining, also experienced upward movement [6] - Spot gold prices reached $5,200 per ounce, marking a nearly 2% increase, the first time since January 30 [6] - The main contract for silver on the Shanghai Futures Exchange surged by 13%, reaching 22,366 yuan per kilogram [6] Key Stocks Performance - Xiaocheng Technology: 64.19, up 12.46%, market cap 14.999 billion [4] - Hunan Silver: 15.05, up 10.01%, market cap 34.989 billion [4] - Sichuan Gold: 49.10, up 6.65%, market cap 14.163 billion [4] - Hunan Gold: 34.52, up 6.22%, market cap 53.938 billion [4] - Zhaojin Mining: 20.39, up 6.14%, market cap 18.936 billion [4] - Other notable stocks include Chifeng Jilong Gold and Western Gold, with respective increases of 5.50% and 5.37% [4]

Group 1 - The company, Zhaojin Gold (000506), expects to turn a profit in 2025 with a projected net profit attributable to shareholders ranging from 122 million to 182 million yuan, with the annual report set to be disclosed on April 10, 2026 [1] - The company plans to submit a proposal for routine related-party transactions and the renewal of the "Financial Services Agreement" for shareholder approval in 2026 [1] Group 2 - In early February 2026, the company's stock experienced an unusual decline, with a drop exceeding 20% over consecutive trading days, although the company stated that its operational situation remains normal while warning of market risks [2] Group 3 - The company has repeatedly highlighted the need to monitor risks associated with fluctuations in gold prices, changes in the operating environment of overseas projects, and aging mining equipment, as these factors may impact future operational stability [3]

Group 1 - The company, Zhaojin Gold, has not yet established an official WeChat public account as of February 11 [2]

Group 1: Market Overview - Precious metals sector experiences significant adjustments, with Hunan Silver hitting the daily limit down and Xiaocheng Technology dropping over 10% [3][8] - Major declines observed in several gold and silver companies, including Sichuan Gold, Hunan Gold, and Zhaojin Mining [3][4] Group 2: Price Fluctuations - International gold and silver prices continue to fluctuate, with April gold futures trading between $4,800 and $5,000 per ounce, and March silver futures between $70 and $90 per ounce [4][6] - Following substantial sell-offs, precious metal prices remain volatile near key psychological levels, with analysts warning of ongoing selling pressure [5][10] Group 3: Analyst Insights - Analysts from various financial institutions express concerns about the short-term outlook for gold and silver prices, indicating that the market may not have reached a bottom yet [5][10] - The recent sell-off in precious metals is viewed as a market adjustment rather than a trend reversal, suggesting a more stable and non-linear price increase in the future [5][10]