Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Thundermin Resources Inc. (“Thundermin”) (TSX:THR) announces that it has executed a formal agreement (the “Agreement”) with two vendors (the “Vendors”) giving Thundermin the right to acquire a 100% interest in eight Exploration Licences (404 claims over 64.6 km²) (the “Stirling Property”) which cover a large portion of the Stirling volcanogenic massive zinc-lead-copper-silver-gold sulphide belt located on Cape Breton Island, Nova Scotia (see Thundermin’s news release dated June 23, 2011 for additional details on the terms of the Agreement and the Stirling property).
