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Thundelarra chairman buys one million shares on-market

Published: 23:47 07 May 2018 EDT

empty seats in a board room
Drilling is working towards a maiden JORC resource

Thundelarra Ltd (ASX:THX) has received a vote of confidence from its chairman Philip Crabb who has purchased another one million shares through on-market trades.

The $22,024 worth of trades increases Crabb’s overall shareholding in the company to 76.6 million shares.

READ: Thundelarra focused on recommencing high-grade gold mining at Garden Gully

Thundelarra is focused on exploration at its 100% owned Garden Gully Gold Project located in the Meekatharra area of Western Australia.

The Meekatharra area has produced over 7 million ounces of gold including high-grade historical mining within the Garden Gully project.

By April 2018, 18 months of aggressive exploration had resulted in Thundelarra drilling 40,000 metres in 415 holes at the project.

 

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