Thunderbird Resources (AU:THB) has released an update.
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Thunderbird Resources has announced a significant capital raise of $4.1 million, paving the way for its upcoming 2,400m maiden drill program at the Hidden Bay Uranium Project in Canada. Additional exploration activities include a completed SGH survey at Hidden Bay, an ongoing interpretation of Mobile MT data at Cluff Lake, and upcoming drilling and surveys at the Surprise Creek and Beatty River projects, which have already shown promising mineralization in preliminary sampling. Executive Chairman George Bauk expresses high anticipation for the drilling to commence in mid-August and promises updates to shareholders post the initial phase.
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