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Tambourah Metals cashed up for rapid advancement of WA mineral properties
Tambourah Metals (ASX: TMB) chairperson Rita Brooks joins Small Caps to discuss the company’s recent successful capital raising, upcoming drilling plans for its suite of Western Australian mineral assets and the appointment of a highly experienced new director.
In early August Tambourah attracted strong market interest when it secured firm commitments to raise a total of $2.5 million.
Those funds, along with the estimated injection of a further $1.2 million from a share purchase plan, will be used to accelerate activity at its critical and precious metals projects.
A major focus will be the company’s plans to undertake drill programs in the rich Pilbara region, including the promising Tambourah gold and lithium project.
The funds will also assist in advancing Tambourah’s strategic partnership with Chile powerhouse SQM in the exciting Julimar district north of Perth.
Bringing a wealth of experience to those projects will be new director Wayne Richards.
A 37 year industry veteran, his appointment has strengthened and enhanced the technical and corporate experience of the Tambourah board and management team.
Articles:
https://smallcaps.com.au/tambourah-metals-appoints-mining-executive-board-of-directors/
https://smallcaps.com.au/tambourah-metals-raise-oversubscribed-positive-lithium-results-spp-follow/
For more information on Tambourah Metals:
https://smallcaps.com.au/stocks/asx-tmb/
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