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The latest announcement is out from Thunderbird Resources ( (AU:THB) ).
Thunderbird Resources Limited has announced a binding agreement to acquire a 100% interest in the Springfield Gold Deposit in central New South Wales. This acquisition, which complements its existing projects, brings a drill-ready gold project with significant exploration potential into its portfolio. The company plans to commence a maiden drilling program shortly after the acquisition. To support its forward work programs, Thunderbird has secured commitments for a $2.2 million placement, ensuring it is well-funded for future exploration activities.
More about Thunderbird Resources
Thunderbird Resources Limited is a company operating in the mining industry, focusing on the exploration and development of gold and antimony projects. Its primary projects include the Rockvale and Kookabookra Gold-Antimony Projects in northern New South Wales, Australia.
YTD Price Performance: -11.76%
Average Trading Volume: 1,636,081
Technical Sentiment Signal: Sell
Current Market Cap: A$5.85M
See more insights into THB stock on TipRanks’ Stock Analysis page.