Thomson Resources (ASX: TMZ, OTCQB: TMZRF) reports that it has intersected ‘strong’ mineralised greisens at its Bygoo Tin Project in a result which has extended the ‘Stewarts’ discovery reported in 2021.
Results from the first five holes at the discovery, which is situated 300m NW of the Main Zone include:
- Hole BNRC75: 17m @ 0.9% Sn from 129m depth
- Hole BNRC78: 23m @ 1.0%Sn from 62m depth
- Hole BNRC79: 13m @ 0.4%Sn from 45m depth
The company notes that these holes were tasked with following up an earlier intersection of 111m @ 0.45% Sn from 57m depth from hole BNRC69.
Speaking on the results, Thomson Resources Executive Chairman David Williams said: “Whilst this has been a challenging drill program at Bygoo Tin Project, with weather delays and the length of time it is taking to get assay results, the first batch of results again demonstrates the quality of the Bygoo tin project.
“the first batch of results again demonstrates the quality of the Bygoo tin project”
The Yalgogrin results, whilst not as strong as previous programs, do show that there are quality gold targets in this portfolio of tenements to add to the strong tin results from Bygoo.
The Lachlan Fold Belt project is still largely untapped with a number of both tin and gold areas still to be drilled by Thomson.”
Results from the holes include ‘wide’ tin intercepts that display a similar tenor to hole BNRC69, with the new holes drilled at differing angles and orientations to better define geometry.
Thomson has stated that three further batches are awaiting laboratory assay, with results expected in June or July.
The Bygoo Tin Project, located in New South Wales’ Lachlan Fold Belt, was purchased in 2015 and it is located on the 100% owned EL 8260.
The exploration license surrounds the Ardlethan tin deposit which was mined until 1986, producing over 31,500 tonnes of tin.
Images: Thomson Resources Ltd