Thunderbird Resources Limited (ASX: THB) announced a transformative acquisition that positions the company as a frontrunner in the booming antimony and gold exploration sector. The agreement to acquire a strategically located land package in the New England Orogen region of New South Wales places Thunderbird right next to Australia's largest antimony deposit, the Hillgrove Gold & Antimony Project, owned by Larvotto Resources. Thunderbird is poised to acquire 100% of Kooky Resources issued share capital through a binding share purchase agreement with Kooky Resources Pty Ltd. This includes exploration licenses EL9053 and EL9147, both renowned for their exceptional potential to deliver high-grade antimony and gold mineralization.
This acquisition presents a remarkable opportunity to explore valuable assets cheaply, providing exposure to highly sought-after commodities. Furthermore, it allows Thunderbird to maintain a robust exploration agenda and generate continuous news flow during the northern hemisphere winter when access to its Canadian assets is limited.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.