Thunderbird Resources (AU:THB) has released an update.
Thunderbird Resources is on the verge of commencing its maiden drilling program at the Hidden Bay Uranium Project in Canada, with drilling expected to start mid-August following the finalization of contractor selection from six candidates. The company’s share price recently soared to a 10% premium above the Entitlement Offer price, bolstering confidence as it concludes a $4.1 million capital raise and a $1.07 million share sale, ensuring full funding for the upcoming exploration. The planned 2,400m diamond drilling targets five high-priority areas, identified through comprehensive surveys and historical data.
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