Thunderbird Resources Limited Targets High-Grade Gold and Antimony in NSW Exploration Hotspot, Unveiling District-Scale Multi-Commodity Potential

Thursday, May 22, 2025
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Thunderbird Resources Limited is advancing its high-potential exploration program in northern NSW, targeting high-grade gold and antimony deposits. The investor presentation outlines maiden results and robust technical expertise, offering exciting prospects for traders seeking emerging opportunities in the exploration sector.

Thunderbird Resources Limited has unveiled its May 2025 investor presentation detailing a robust exploration program targeting high-grade gold and antimony in New South Wales’ New England Orogen. The company’s portfolio includes the Rockvale and Kookabookra projects, which feature multiple historical occurrences and high-grade assays. Notably, historical samples from these projects have returned impressive grades, including figures such as up to 4.65% antimony with accompanying silver mineralisation and notable gold assays that span from low to high single digit concentrations. These results reinforce the potential for significant upside if further exploration yields positive drill targets. The presentation also outlines the company’s broader asset base. Thunderbird Resources Limited currently holds a 618km² portfolio in a region recognized for its gold, antimony, and silver mineralisation. Detailed technical data accompany information on assays, sample depths, and geological settings, providing insight into promising targets like the Achill, Taits Gully, Silver Spur/Union Jack, and Mt Secret prospects. The technical indicators—symbolised by Au 79, Sb 51, and Ag 47—underline the multi-commodity profile of the projects, while further drilling and geophysical surveys are planned to better define prospective targets. In addition to its main projects in New South Wales, the company is advancing its exposure in copper and uranium through a joint venture with Firetail Resources at the Picha Project in Peru. This project has attracted the attention of major industry players through its inclusion in the BHP Xplor 2025 program, bringing in technical expertise and notable equity-free funding. Furthermore, Thunderbird’s Canadian uranium portfolio, including assets such as Hidden Bay, Cluff Lake, and Surprise Creek, is advancing through successful exploration surveys and sampling, with some rock chip results indicating uranium grades as high as 7.98% U3O8. The corporate snapshot reveals a capital structure comprised of approximately 369.7 million shares, with a current share price of A$0.012 and an undiluted market capitalisation of A$4.4 million. The balance sheet is bolstered by net cash of A$1.251 million, while the company’s experienced board and management team, led by Executive Chairman George Ventouras, underscore the strong leadership driving the exploration efforts. With diverse top shareholders supporting the company and an active programme of drilling, soil sampling, and geophysical work, Thunderbird is positioning itself to create a district-scale footprint in the highly prospective northern NSW region. Market sentiment appears mixed. On the bullish side, Thunderbird Resources Limited is backed by a seasoned management team and technical experts, with its portfolio enjoying strong geological indicators and promising drill targets across multiple commodities. The strategic partnership on the Picha Project and positive historical assay results offer significant upside potential if exploration verifies the current findings. Conversely, the bearish perspective highlights the inherent risks of early-stage exploration, commodity price volatility, and reliance on historical data which, while encouraging, remains unproven until further drilling delivers consistent results. As such, investor caution is warranted given the forward-looking nature of the company’s projections and the uncertainties traditional to the exploration sector.

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