Thomson Resources Ltd (ASX:TMZ) (OTCMKTS:TMZRF) and White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) are pleased to advise that they have amended the original Mt Carrington Earnin and JV Agreement which the parties had entered into on 1 May 2021.
Thomson Resources Ltd (ASX:TMZ) is an NSW active mineral explorer. Thomson has several tin projects (including an advanced project near Ardlethan), as well as gold, copper and zinc targets in a range of settings. Thomson has a good record of discovery, with multiple new Intrusion-Related Gold (gold with copper, lead, zinc, molybdenum, tungsten) systems discovered in the Thomson Fold Belt in the NW of the state.
White Rock Minerals Ltd (ASX:WRM) Signs Term Sheet with Thomson Resources to Progress Mt Carrington Project
Signs Term Sheet with Thomson Resources to Progress Mt Carrington ProjectBallarat, Feb 23, 2021 AEST (ABN Newswire) - Thomson Resources Ltd (
ASX:TMZ) and White Rock Minerals Ltd (
OTCMKTS:WRMCF) are pleased to advise that they have entered into a binding and exclusive Term Sheet for a 3 stage earn-in and option to joint venture agreement ( Joint Venture Agreement ) whereby Thomson can earn in for up to 70% of White Rock s Mt Carrington gold - silver project ( Project ) and at Thomson s election to form a 70:30 (TMZ:WRM) Joint Venture.