tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Thunderbird Resources Expands with Springfield Gold Acquisition and Secures Funding

Story Highlights
  • Thunderbird Resources acquires Springfield Gold Deposit, boosting its NSW portfolio.
  • The company secures $2.2 million funding and plans systematic exploration in key projects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Thunderbird Resources Expands with Springfield Gold Acquisition and Secures Funding

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Thunderbird Resources ( (AU:THB) ) just unveiled an update.

Thunderbird Resources has entered a binding agreement to acquire a 100% interest in the Springfield Gold Deposit in central NSW, enhancing its portfolio with a drill-ready project that shows significant exploration potential. The company plans to commence systematic exploration at Springfield and its Rockvale Gold-Antimony Project, while also reporting high-grade gold assays from its Kookabookra Gold Project. Additionally, a joint venture partner has started drilling at the Surprise Creek Uranium-Copper Project in Canada. To support these initiatives, Thunderbird has secured $2.2 million in funding and appointed experienced executives to its team.

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 market focus is in New South Wales, Australia, where it manages several projects, including the Springfield Gold Deposit, Rockvale Gold-Antimony Project, and Kookabookra Gold Project.

Average Trading Volume: 2,555,005

Technical Sentiment Signal: Sell

Current Market Cap: A$10.09M

See more data about THB stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1