In their latest update Pan African Resources has included a page headed -
ACQUISITION OF TCMG - PROJECT UPSIDE Third-Party Deposits
"Tennant Creek also hosts multiple third-party polymetallic (Au, Cu, Ni and Bi) deposits, several of these are actively being advanced with potential to be unlocked once a centralised processing facility it built.
There are no active gold or polymetallic processing plants in Tennant Creek and most deposits are within an 80km trucking distance of the TCMG Nobles processing plant."
TMS has its Barkly project (Bluebird) roughly 30km from the processing plant, so it's fair to assume TMS will eventually be a participant in some capacity in the processing/production of its ore.
TMS Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
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