Thomson Resources Ltd's (ASX:TMZ) David Williams talks Proactive's Andrew Scott through its Fold Belt Hub and Spoke silver strategy following its recent acquisition of the Texas silver project in the highly prospective Silver Spur Basin of southern Queensland. The company purchased the project, including permitted mine infrastructure, mine and exploration leases and JORC 2012 silver-gold resources, for total consideration of around $2.5 million. Texas, along with the recent acquisition of the Webbs and Conrad silver deposit and the earn-in and JV on White Rock Minerals Ltd’s (ASX:WRM) (OTCQX:WRMCF) Mt Carrington Silver-Gold Project, is another step in Thomson’s consolidation of a large silver dominant resource in the border region of NSW and Queensland.
Thomson Resources has big silver plans and eyes near-term cashflow from recent Texas acquisition
