FinTechFunding

Thomson Resources: Submits another application in the Lachlan Fold Belt

  • Thomson Resources has submitted an application for a new exploration licence in the Lachlan Fold Belt in New South Wales
  • The application includes the Buddigower Tin Field which discovered in 1901
  • Then the Buddigower area considered prospective for gold, silver, tin, tungsten and lead
  • In terms of modern exploration, the earliest was by Golden Cross Operations PL from 1994 to 2001
  • This application follows four recent ones lodged just one week ago, which cover over 1180 square kilometres of the Lachlan Fold Belt
  • Company shares are up a slight 2.27 per cent and are trading for 4.5 cents
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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