Thomson Resources Limited - Company Update
04.06.2018 | ABN Newswire
Sydney - Thomson Resources Ltd. ("Thomson"), (ASX:TMZ) is releasing a revised version of its Company Update of 25 May 2018 following confirmation that the Bygoo farm-in rights have effectively transferred from International Battery Metals to BeiSur Ost Barat Agency Ltd ("BeiSur"), a private Canadian investor group. BeiSur continue to make their payments under a revised option agreement with Thomson. That agreement requires Beisur to pay Thomson A$3 million for a 51% interest in the Bygoo Joint Venture, with A$1.5 million of that having been paid to date. The option to acquire a further 25% for A$22m remains active.To view the presentation, please visit:
http://abnnewswire.net/lnk/F79W6B59
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.
Contact:
Eoin Rothery Chief Executive Officer
Thomson Resources Ltd.
T: +61-2-9906-6225
E: eoin@thomsonresources.com.au
www.thomsonresources.com.au