Acquires Key Tenement in the Cobar Basin - EL 7931
Sydney, Mar 13, 2014 AEST (ABN Newswire) - Thomson Resources Limited (
ASX:TMZ) has entered into a Share Sale Agreement to acquire Lassiter Resources Pty Ltd, holder of EL 7391 located approximately 10 kilometres southwest of Lake Cargelligo, central NSW (Figure 1 in link below).
Thomson will issue 1,200,000 shares at a consideration of 6c per share to the vendors. Completion is expected to occur by March 31st, 2014. Thomson will also replace the $10,000 environmental bond required.
Thomson Resources and Lassiter Resources were previously in Joint Venture over the tenement, one of a group prospective for Cobar-type deposits at the southern end of the Cobar Basin.
To view the location map, please visit:
http://media.abnnewswire.net/media/en/docs/76751-ASX-TMZ-788060.pdf
About Thomson Resources Ltd
Thomson Resources Ltd (ASX:TMZ) is an NSW active mineral explorer. Thomson has several tin projects (including an advanced project near Ardlethan), as well as gold, copper and zinc targets in a range of settings. Thomson has a good record of discovery, with multiple new Intrusion-Related Gold (gold with copper, lead, zinc, molybdenum, tungsten) systems discovered in the Thomson Fold Belt in the NW of the state.
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