White Metal Resources (TSE:TGOL) has released an update.
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Thunder Gold Corp., previously known as White Metal Resources, is set to focus on their promising Tower Mountain gold property in Ontario by optioning out 80% and 100% interests in their Seagull Lake and Startrek properties, respectively. This strategic move, facilitated through agreements with Rift Minerals Inc. and Stares Contracting Corp., aims to leverage the geological potential and existing infrastructure of Tower Mountain to minimize exploration costs. Meanwhile, Dr. Elliot Strashin, the company’s Chairman, has increased his stake to over 16%, indicating a strong belief in the firm’s direction.
For further insights into TSE:TGOL stock, check out TipRanks’ Stock Analysis page.
