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Thomson Resources
(ASX:TMZ)


Silver Exploration

Our Entry Price $ Current Price $ Current Return Highest Price $ Highest Return
$ 0.098 $ 0.120 22% $ 0.140 43%


Overview

Thomson Resources (ASX:TMZ) is set to acquire 100% interest in the Webbs Silver Project and Conrad Silver Project in the New England Fold belt in NSW.

Due diligence on these potentially transformational silver assets will be completed in January, with the acquisition set to be completed in the first months of 2021.

Webbs is one of Australia’s highest grade undeveloped silver asset, while a previous owner has demonstrated an in ground value of almost one billion dollars at Conrad.

Combined, this company is acquiring over 30 million ounces of silver equivalent resources.

The company is aiming to start aggressively expanding its silver resource base over the coming months, both organically and via acquisitions.

Thomson also has complementary gold assets in NSW and Queensland that it is undertaking extensive rolling drilling programs that build on previous high grade results.

This gold drilling programme provides a significant number of near term catalysts.

Why we have invested

Our Latest Articles on Thomson Resources


Type Date Share Price $ Title
Article 07-Jan-2021 $ Our Stock Picks for 2021
Article 11-Dec-2020 $ Our Latest Portfolio Addition: Australia’s Highest Grade Undeveloped Silver Asset

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Our Latest Portfolio Addition: Australia’s Highest Grade Undeveloped Silver Asset

Our Latest Portfolio Addition: Australia’s Highest Grade Undeveloped Silver Asset

We have been reviewing dozens of companies over recent weeks, scouring the market in order to find the best small cap stocks with the ability to give us long term growth - that have the potential for large % gains, just like our other portfolio picks. Welcome Thomson Resources (ASX: TMZ).

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