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Thundermin Resources Inc. (TSX:THR) and 50% joint venture partner Cornerstone Resources Inc.(TSXV:CGP) has filed a National Instrument 43-101 compliant Technical Report and Preliminary Economic Assessment for its Little Deer Copper Deposit.
Thundermin Resources Inc. (TSX:THR) and 50% joint venture partner Cornerstone Resources Inc.(TSXV:CGP) has filed a National Instrument 43-101 compliant Technical Report and Preliminary Economic Assessment for its Little Deer Copper Deposit.
As quoted in the press release:
Under the terms of its joint venture agreement with Cornerstone, Thundermin has the right to increase its interest in the Little Deer property to 75% by completing a feasibility study and by arranging 100% of the necessary bank financing required to place the property into commercial production.
Thundermin’s President and CEO, John B. Heslop said:
The results of the PEA indicate that there is potential to develop the Deposit on an attractive economic basis at current metal prices.
Click here to read the Thundermin Resources Inc. (TSX:THR) press release.
