News Articles for Thunderbird Resources

Thunderbird Resources is on the hunt for large gold-antimony deposits in New South Wales and has prioritised its exploration focus on ground within several of Australia's most noteworthy orogenic belts. The company pivoted its exploration efforts this year to focus on gold-copper-antimony and recently jumped at the chance to lock-in its now-flagship Springfield gold deposit, part of the Slashers Flat project near Gulgong in NSW.

Thunderbird Resources has kicked off its first grid-based soil sampling exploration program at its 100 per cent-owned Rockvale gold-antimony project in New South Wales. The initial program is focussed on sampling at the Achill prospect, which lies 13km along strike and within the Hillgrove-Chandler fault corridor extending from Larvotto Resources' flagship Hillgrove gold-antimony mine.

Thunderbird Resources is approaching the final verdict on its Slasher Flats gold acquisition in Central NSW, with the Springfield gold deposit emerging as a leading contender for early drilling. The company says the existing known high-grade hits are likely just a slice of a much bigger system that is still begging for the drill bit at Springfield. With historically limited shallow drilling having already delivered thick, near-surface gold, Thunderbird says its prospects are likely to continue to considerable depths.

Thunderbird Resources' joint venture partner Mustang Energy has kicked off a 2000m diamond drilling campaign at the duo's Surprise Creek uranium-copper project in Canada's Athabasca Basin. The program aims to unlock a high-grade prize at the world's premier uranium address. Past results at site hit 2.1m at 4.37 per cent uranium, just 57m below surface, and rock chips grading up to 7.98 per cent.

Thunderbird Resources is forging a golden path in NSW'S renowned Lachlan Orogen, acquiring the drill-ready Springfield gold deposit and kicking-off a $2.2 million placement to fuel its exploration blitz. The binding agreement to acquire Springfield with its impressive series of existing drill hits, sets in train a boost to the company's growing portfolio of gold projects.

Thunderbird Resources has landed a major boardroom coup, with seasoned geologist and dealmaker Michael Haynes stepping in as executive chairman. Haynes, who recently led New World Resources to a $245 million buyout, brings serious M&A credentials and exploration nous to the table. With full control now in his hands, the market will be watching closely for the next phase of Thunderbird's evolution.

Thunderbird Resources has landed high-grade gold results at the company's Kookabookra project in NSW, with rock chip assays of up to 17.35g/t at its Bear Hill prospect, 2.79g/t at Butchers Reef and a 23g/t gold hit within an inferred possible 400m strike length at the new Kojak target. Ongoing soil sampling and mapping support the potential for a large-scale intrusive-related gold system. Thunderbird plans to run a drill campaign to test recent IP anomalies and historical drilling.

Thunderbird Resources has uncovered a string of high-priority gold targets at its Kookabookra project in NSW, with geophysics revealing sulphide-rich anomalies that correlate with past mineralisation. The company's drill rig is now poised to hit the ground in the fourth quarter, with strong geological cues pointing to untapped gold systems similar to the nearby Hillgrove antimony-gold deposit.

Thunderbird Resources' latest assay results confirm significant high-grade gold from selective rock chips and grab sampling at its Kookabookra project in northeastern New South Wales. Results from 39 rock chip and grab samples returned impressive high-grade gold results of 11.65g/t and 5.29g/t at its Bear Hill prospect, along with rock-solid 32.1g/t finds at the company's Columbo and 20.7g/t at its German Reef prospects.

Thunderbird Resources is zeroing in on high-grade gold mineralisation at its Kookabookra gold project near Armidale in New South Wales, with rock chip assays returning up to a spectacular 153.5 grams per tonne gold at the company's Mt Secret prospect. Continued surveys will direct a maiden drilling program at Thunderbird's recently acquired projects, planned for later this quarter.

Thunderbird Resources has struck a deal with Canadian-listed Mustang Energy, granting Mustang the right to earn up to 80 per cent of the company's Cluff Lake North and Surprise Creek uranium projects in Canada. Mustang must spend up to $3.3M per project to reach full earn-in. Thunderbird will retain a 2 per cent royalty and free-carried interest and can now focus on its exciting NSW gold-antimony assets.

Thunderbird Resources has nabbed high-grade gold up to 19.3 grams per tonne and 4.12 per cent antimony in rock chip grab samples from initial exploration work at its Rockvale and Kookabookra projects in northeastern NSW. The Rockvale project is within shouting distance of Larvotto Resources' Hillgrove gold-antimony operation, which hosts the nation's largest antimony resource.

Thunderbird Resources' joint venture partner Firetail Resources is ramping up exploration efforts at their Picha JV copper project in Peru, ahead of maiden drill testing set for the second half of this year. Firetail is upping its game with geophysics, soil sampling and structural mapping underway to unlock the region's substantial copper porphyry potential.

Thunderbird Resources has kicked off exploration at the company's Rockvale and Kookabookra gold, silver and antimony projects in NSW's northern Tablelands after getting access to priority target areas. The company's initial focus will be on targets that have historical high-grade assay results as it doubles down on its gold presence in the state.

Thunderbird Resources has expanded its gold footprint in NSW, lodging an application for a strategic 118-square-kilometre expansion to its Kookabookra gold project immediately to the east. The company is doubling down on its gold presence in the state, suggesting that Kookabookra could host an intrusion-related gold system – similar to the kind of deposits that's delivered multi-million-ounce gold hauls at places such as Fort Knox in Alaska and Kidston in Queensland.

Junior explorers such as E79 Gold Mines, Caprice Resources and Thunderbird Resources have seen a significant spike in their share price when betting on a nearology play near a recent or historical discovery. E79's share price surged from its February 6 close of 1.9c to hit a high of 5.4c on February 19 in the two weeks after a neighbour announced a greenfields gold discovery.

Thunderbird Resources has completed a review of historical exploration data uncovering high-grade assay samples up to 49.8 grams per tonne gold and 4.1 per cent antimony at its newly acquired Rockvale and Kookabookra projects near Armidale in New South Wales. Four of the tenements, covering 358 square kilometres, form the Rockvale project and are strategically positioned near Larvotto Resources' exciting Hillgrove gold-antimony project.

Joint venture partners Firetail Resources and Thunderbird Resources are ramping up work at their Peruvian Picha copper-silver project, following its recent selection in the prestigious BHP Xplor 2025 program. Mapping, gravity surveys and a drilling program targeting large-scale intrusion relation deposits are in full swing and a new target adjacent to the existing prospect has been staked.

Thunderbird Resources has scooped the services of industry veteran George Ventouras as executive chairman in a shift the company says is a strategic move to accelerate an ambitious exploration agenda at its Rockvale and Kookabookra antimony-gold projects in New South Wales. Ventouras has stepped into his new role following the resignation of former executive chairman, George Bauk.

Thunderbird Resources is poised to launch a maiden on-ground exploration program at its recently acquired Rockvale-Kookaburra antimony-gold project immediately north of Larvotto Resources' storied Hillgrove project in NSW. The preparation included detailed desktop analysis with encouraging results covering more than 100 years of exploration and mining history at the site, with boots now expected to be on the ground in January.

Thunderbird Resources has slipped into prime gold-antimony territory in NSW with its imminent acquisition of two exploration licences, one of which partly encloses Larvotto Resources' Hillgrove project. Hillgrove hosts Australia's largest antimony deposit, with a mineral resource of 7.3 million tonnes going 4.4g/t gold and 1.3 per cent antimony for about 1.04 million ounces of gold and 93,000 tonnes of antimony

Thunderbird Resources is racking up the uranium targets at its Cluff Lake project in Canada's world-class Athabasca Basin, with results from a detailed electromagnetic survey lighting up a suite of intriguing conductors that may have identified favourable geological settings for yellowcake mineralisation. Several targets sit along strike from the nearby Shea Creek deposits that collectively contain 95.85 million pounds at 1.3 per cent uranium oxide.

Thunderbird Resources has revealed recordings of elevated radioactivity levels up to 597 counts per second using a downhole gamma probe in a maiden drilling campaign at its 100 per cent-owned Hidden Bay uranium project in Canada's Athabasca Basin. The recordings came in the fifth and final drillhole of the program that bore through 1781m in the renowned region.

Thunderbird Resources is homing in on evidence of uranium mineralisation after drilling significant hydrothermal alteration and detecting radioactivity at its Hidden Bay project in Canada's prolific Athabasca Basin. The maiden four-hole drilling campaign was designed primarily to test possible basement-hosted uranium targets close to the Athabasca Basin unconformity and the company now believes it may be close to unveiling a uranium mineralising system.

Thunderbird Resources has kicked off its maiden drilling campaign for uranium in Canada's world-renowned Athabasca Basin. The initial 2400m program will test five high-priority basement-hosted targets at the company's flagship Hidden Bay project. Hidden Bay sits within 40km of two of the Athabasca's – and consequently the world's – most successful uranium mines, Cigar Lake and Rabbit Lake.

Thunderbird Resources has confirmed it has settled on a drilling contractor as it prepares to launch into a new campaign next month at its Hidden Bay uranium project in northern Saskatchewan in Canada. The program at the operation that sits about 20km to the south-east of the prolific Rabbit Lake Mine, is expected to comprise five diamond drillholes for a total of about 2400m.

Perth-based explorer Thunderbird Resources is beefing up its bank balance to the tune of $4.1 million ahead of a 2400m drilling blitz targeting high-grade uranium at its flagship Hidden Bay project in the globally-renowned Athabasca Basin in Canada. Fieldwork programs are already underway, with the company's drill-testing of multiple targets at the operation expected to kick off in August.

Thunderbird Resources has levelled its sole focus on its prospective portfolio of uranium projects in Canada's world-class Athabasca Basin after turning its back on a pair of lithium projects in Ontario. Following a strategic review of its operations, the company is adamant it will get “more bang for its buck” by using its available financial and human resources across fewer projects.

Thunderbird Resources has launched a new high-tech survey sampling program as part of the latest uranium exploration campaign at its premier Hidden Bay project in the renowned Athabasca Basin in Canada. Taking advantage of the ideal Canadian summer conditions, the sampling program is understood to be able to detect blind uranium targets from depths of up to several hundred metres.

Thunderbird Resources has assembled a surprising array of interesting-looking uranium and lithium targets in some of the hottest mineral territories in the world, including Canada's Athabasca uranium basin. The Athabasca basin is remarkable for its average uranium grades of about 2 per cent and its massive-scale deposits – and Thunderbird appears to have picked the eyes out of it.

Valor Resources is set to kick off its hunt for uranium in Canada's world-renowned Athabasca Basin using an airborne electromagnetic survey – a proven technique in identifying nearby deposits of the silvery-grey metal. Results from the survey at the Cluff Lake project are expected in the second half of this year and will guide a drilling program planned to begin in the September quarter.

Valor Resources has ticked off a second item from its targeted triad of lithium targets in Canada's booming Thunder Bay area in Ontario after completing its acquisition of the Jesaulenko project. Valor's 100 per cent acquisition of Jesaulenko comes just days after it also grabbed the nearby Frazer Lake lithium project and an 80 per cent share of the Hook Lake uranium play in Saskatchewan.

Valor Resources has secured an 80 per cent share of the highly-prospective Hook Lake uranium project in Canada, just two days after acquiring the 83sq-km Frazer Lake lithium play across the country in Ontario. Hook Lake is in the Athabasca Basin in northern Saskatchewan – a region that has become widely known as being the world's leading producer of high-grade uranium.

Valor Resources has capped off a big week by securing an 80 per stake in the Hook Lake uranium project, located in Canada.

Valor Resources has secured the rights to acquire the 83-square-kilometre Frazer Lake lithium project in Canada's Ontario province where pegmatite sampling has yielded 44m at 0.54 per cent lithium oxide. The company today revealed it had signed a definitive purchase option agreement to pick up Frazer Lake, which lies in the Thunder Bay region that has several significant lithium projects under development.

Perth-based Valor Resources has signed a definitive purchase option agreement for Frazer Lake, a Canada-based lithium project.

While some companies slow down at the end of each year, Valor Resources spent December building its lithium and uranium portfolio and also added a cool $1 million to its coffers through a successful placement. The first move it made in the last month of 2023 was entering into an exclusive option agreement to pick up three lithium projects in the Canadian province of Ontario.

With the uranium price touching US$80 a pound, up from a low of US$20 just a few years ago, a bevy of ASX-listed small caps are lining up for a piece of the action. Geoscience Australia says Australia boasts almost half (46 per cent) of the global uranium resources which screams opportunity. Dollar Bill pontificates on potential for law changes and the future for uranium mining in Australia.

Valor Resources has entered into a binding agreement with Firetail Resources to offload an 80 per cent interest in its Peruvian copper assets for an upfront cash payment of $750,000 and 15 million shares in the junior explorer. The raised funds will be used to accelerate Valor's uranium hunt in Canada's world-class Athabasca Basin at a time of rising uranium prices and surging investor interest.

ASX-listed Valor Resources has signed an earn-in agreement with global copper and gold producer Barrick Gold Corporation at its Charaque project in Peru. Under the deal, Barrick has a five-year option to acquire 70 per cent of the operation for a cash payment of $1.2 million. Valor says the agreement allows it to focus on the upcoming drill campaign at its flagship Picha copper project.