Thomson Resources’ Acquisition Building Towards 100 Million Oz Silver

Thomson Resources’ (ASX:TMZ) high flying share price looks set to receive another boost today after the company advised of another acquisition that will bolster its already robust portfolio of silver dominated assets.

Thomson’s successful tender for the Texas silver project in Southern Queensland marks another achievement in the group’s implementation of the Granite Belt Hub and Spoke Strategy.

Further, the acquisition price of $2.5 million for the permitted mine infrastructure, connection to the State power grid, mine and exploration leases, including a silver-gold resource appears to represent excellent value without even taking into account the potential benefits of establishing a scalable production operation. Read more…..


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