VANCOUVER, BRITISH COLUMBIA, April 4 /CNW/ - Thunder Sword Resources Inc.
('Thunder Sword' or the 'Company') (TSX VENTURE:THU) is pleased to report that
following its receipt of encouraging results from Patterson Geophysics on the
ground geophysics and gravity survey on its Botham Lake prospect, the Company
is now proceeding with its joint venture partner Tribune Resources Ltd. to
secure drilling contracts and proceed with an estimated $1 million summer
drilling program at Botham Lake. The details of the drilling program will be
forthcoming once the program has been finalized.
The Company further advises that it has secured a non-brokered private
placement of 500,000 Units at a price of $1.50 per Unit, each unit consisting
of one share and one warrant. The warrant will entitle the holder to acquire
one additional common share at $1.75 for a two year period. The proceeds from
the placement will be used towards the Company's ongoing assessment work on
its Uranium properties. This placement replaces the earlier placement
announced on February 2, 2007.
Stephen B. Butrenchuk, P. Geol. is the Qualified Person as defined by NI
43-101 whom has reviewed this news release. Thunder Sword will continue to
report on news as it becomes available. For more information on the Company
please visit their website at www.thundersword.com.
About Thunder Sword Resources Inc.
Thunder Sword's primary objective is to identify and develop significant
uranium discoveries in the Athabasca Basin in Saskatchewan. Thunder Sword also
operates, under license, the Geermu project which produces high purity
magnesium chloride in China and holds and operates the Pipe Lake gold property
situated in Ontario which consists of 42 claims.
Forward Looking Statements
This News Release may contain forward-looking statements including but
not limited to comments regarding the timing and contents of upcoming work
programs, geophysical, geological interpretations, etc. Forward-looking
statements address future events and conditions and therefore involve inherent
risks and uncertainties. Actual results may differ substantially from those
currently anticipated in such statements. Thunder Sword Resources relies on
litigation protection for forward-looking statements.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this News Release.
For further information:
For further information: Thunder Sword Resources Inc. Matty Goldstein,
Director or Gordon Nesbitt, Investor Relations Toll Free: 866-328-3188