Thomson Resources (ASX: TMZ) has received strong gold and silver results from rock chip sampling from various prospects at Thomson’s 100% owned Lachlan Fold Belt Project in New South Wales.
Highlights
- High grade gold, silver and other metallic assays have been returned from several prospects in Thomson’s Lachlan Fold Belt Project
- The Buddigower Tin Field yielded assays of up to 9.0g/t Au, 610g/t Ag,0.5% Pb, 0.3% Zn, 0.2% Cu, 0.2% Bi and 0.1% W
- The Pikes Gold Field yielded assays of up to 98g/t Au
- The Kildary Gold Field yielded assays of up to 4.0g/t Au
- Rock chips were collected after continuing wet weather and farming operations ended drilling programmes
- Drill testing of these anomalies is being planned
Results include gold assays up to 98.2g/t Au at Pikes, 9.1g/t Au at Buddigower, 7.5g/t Au at Four Mile, 3.8g/t Au at Kildary and silver assays up to 610g/t Ag at Buddigower.
All mineralized samples are from mullock dumps next to historical workings dating from the early twentieth century (mostly 1901 to 1906). No effective drilling has occurred at any of these localities.
“It is great to see these results from other areas within our Lachlan Fold Belt (LFB) portfolio. This is a very underexplored area of the LFB and to see such strong gold and silver results demonstrates how much potential there is in this project in addition to the tin which has been and continues to be our focus,” Executive Chairman, David Williams, said.
“The LFB project clearly needs some serious time and attention devoted to it, which is Thomson’s intention to provide it with that opportunity and to get some of the implicit value in the LFB project back to shareholders.”
For further information please visit: https://www.thomsonresources.com.au/
