Post by
phoenix_trader on Jun 01, 2015 3:18pm
Anon dumps 3 mill after Q filed
Nothing negative in the Q Report and about $250k cash available..................Thundermin’s exploration budget for 2015, 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 2015, Thundermin expects to undertake additional geophysical surveys on its Stirling base metal property as follow-up to encouraging exploration results received to date on the property. Little Deer and Whalesback To March 31, 2015, Thundermin and partners have spent $9,000,000 on the Little Deer property with approximately $6,325,000 having been spent on diamond drilling. Exploration work included over 58,000 m of diamond drilling, borehole Pulse EM surveys, assaying of core samples, lithogeochemical analysis on whole rock samples, a Differential GPS survey of all recent and historical drill holes to determine accurate collar locations and elevations, 227 line kms of VTEM airborne electromagnetic and magnetic surveys, scoping level metallurgical test work on copper mineralization from Little Deer, extensive compilation of historical drill hole data from both Little Deer and Whalesback, the completion of NI 43-101 compliant mineral resource estimates for Little Deer and Whalesback and the completion of a positive PEA for Little Deer on a stand-alone basis..