Thomson adds Silver Spur to asset base
Thomson Resources is acquiring the Silver Spur mine in southern Queensland, building on a regional asset base focused on silver.
The company has entered into a binding term sheet to acquire the relevant mining lease from Cuban Partners.
It says the $950,000 acquisition will give it 100 per cent control of the Texas Silver base metal district in southern Queensland, a cornerstone of its new Fold Belt Hub and Spoke Strategy.
"This is a key strategic acquisition for Thomson, with the Silver Spur ML representing delivery of an additional silver resource and prospective exploration targets to be included within. . .
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