Australia's Thomson Resources climbs on upbeat mineral resource estimates

Silver Metal

06/04/2022 04:41

** Shares of Thomson Resources  TMZ.AX  jump as much as
18.7% to A$0.054, hitting their highest since March 22
    ** Co set for best day since May 18, if gains hold
    ** The diversified minerals explorer says its Mineral
Resource Estimate for silver-base metal deposit at Webbs deposit
in New South Wales is well-advanced with an anticipated delivery
during Q2 2022  urn:newsml:reuters.com:*:nASX834W7W
    ** Trading volumes are 3.3 times the 30-day day average of
3.3 mln shares 
    ** Stock down 36% this year, as of last close 
    


 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))