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An update from Thunderbird Resources ( (AU:THB) ) is now available.
Thunderbird Resources has announced significant progress in its exploration activities at the Kookabookra Project, with high-grade gold mineralization confirmed through rock chip sampling at the Mt Secret prospect. The company is conducting an Induced Polarisation (IP) survey to refine drill targets, and the results are expected soon. The exploration program is gaining momentum with several workstreams, including soil sampling and LiDAR data interpretation, which have identified numerous historical mine workings. These efforts are crucial for prioritizing targets for the upcoming maiden drill program, scheduled for Q3 2025, and could enhance Thunderbird’s position in the gold exploration industry.
More about Thunderbird Resources
Thunderbird Resources Limited is a company engaged in the exploration of mineral resources, focusing on gold exploration projects. Their primary project is the Kookabookra Project located in north-eastern New South Wales, which is aimed at identifying and developing high-grade gold mineralization.
Average Trading Volume: 1,561,749
Technical Sentiment Signal: Sell
Current Market Cap: A$3.51M
Find detailed analytics on THB stock on TipRanks’ Stock Analysis page.