Thunderbird edges slightly closer to take off as Sheffield begins A$7m funding drive
Published: Friday, 27 November 2015
Australian mineral sands explorer Sheffield Resources aims to raise capital through a placement and share purchase plan in order to fund a bankable feasibility study at its Thunderbird mineral sands project, following the release of a pre-feasibility study last month.
ASX-listed Sheffield Resources Ltd has
said it hopes to raise up to Australian dollar (A$) 7m
($5.06m*) to fund a bankable feasibility study (BFS) for its
Thunderbird mineral sands project on Western
Australia’s (WA) Dampier Peninsula.
The company said it aimed to raise A$5m via the placement of