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Thunderbird Resources ( (AU:THB) ) has issued an announcement.
Thunderbird Resources has confirmed high-grade gold and antimony mineralization at its Kookabookra and Rockvale projects in New South Wales through initial rock chip sampling. The results, which include gold assays up to 19.3g/t and antimony assays up to 4.1%, validate historical data and enhance confidence in the potential of these sites. The company is advancing with follow-up soil sampling and geological mapping to identify drill targets, with plans to commence drilling in the third quarter of 2025. This development positions Thunderbird Resources favorably within a region known for significant mineral exploration, potentially offering new opportunities for stakeholders.
More about Thunderbird Resources
Thunderbird Resources Limited is a company engaged in the exploration of gold and antimony projects, with a focus on its 100%-owned Kookabookra and Rockvale Gold-Antimony Projects in north-eastern New South Wales. The company is strategically positioned in an exploration hotspot, surrounded by other significant projects like Larvotto Resources’ Hillgrove Project and Koonenberry Gold’s Enmore Project.
Average Trading Volume: 704,238
Technical Sentiment Signal: Sell
Current Market Cap: A$4.44M
Find detailed analytics on THB stock on TipRanks’ Stock Analysis page.