GREY:TUDMF - Post by User
Post by
phoenix_traderon May 30, 2014 1:55pm
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Post# 22615702
2014 Exploration plan from MD&A filed today
2014 Exploration plan from MD&A filed todayThundermin’s exploration budget for the remainder of 2014, subject to financing, is anticipated to be approximately $750,000. Diamond drilling on Little Deer is anticipated to be approximately $1.0 million of which 50% partner Rambler’s share is $500,000 (see Little Deer and Whalesback). During the latter part of 2014, Thundermin expects to undertake additional geophysical surveys on its Stirling base metal property as follow-up to encouraging exploration results received during an initial drilling program undertaken in 2012. THR expects $100k of the $500k for Little Deer will come from Newfoundland Govt grants, 100k received for Jan- Mar drilling.