Crabb has acquired a further 1,169,421 shares at about 1.61 cents each for $18,876. This takes his total shareholding in Thundelarra to about 78 million shares (both direct and indirect interest).
The company has shored up its Garden Gully Project this quarter and will now focus its exploration efforts exclusively on the prospective gold project.
The acquisition grew Thundelarra’s project area at Garden Gully to about 530 square kilometres, more than quadrupling the aggregate strike extent of the target.
Thundelarra aims to drill test Garden Gully’s prospective targets using its own information as well as Doray exploration data collected with the Abbotts acquisition, with $150,000 earmarked for exploration and evaluation next quarter.