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Thomson Resources Ltd.
Summary
| Project: | Bygoo | |
|---|---|---|
| Deposit: | Bald Hill | |
| Location: | Australia | |
| Commodities: | Tin | |
| Date: | 4/5/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-4-2018: Thomson Resources Ltd. announces an Exploration/Drilling Update report for its Bald Hill deposit at the Bygoo project. Drilling results incl. 15m @ 0.4% Sn from 19m. Thomson Resources is pleased to announce tin assays recently received from the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Eoin Rothery (Internal) | |
| ABSTRACT: | Thomson Resources is pleased to announce tin assays recently received from the 2018 drill campaign at the Bald Hill prospect near the old Ardlethan tin mine, NSW. Bald Hill is 12km south of the Ardlethan mine, or 20km south of the Bygoo prospects on the same exploration license (EL 8260). At Bald Hill, historic workings extend over one kilometer strike with multiple shallow pits and shafts. These include the old Maratholi pits at the southern end of the Bald Hill tin field which are the most accessible, situated within a ploughed field. Three RC holes for 170m were drilled at the Maratholi workings to confirm interpreted mineralisation zones and strike extent of mineralisation. Good tin grades were intersected in all three holes (Figure 2). All three holes obtained similar intersections of altered and greisenised granite of around 15m downhole width, with a distinct higher grade portion. Preliminary modelling shows that the intersections appear to have good continuity with the true width likely to be around 10m (Figure 3). Previous drilling at Maratholi by Shell Minerals in 1979 (two holes for 110m) recorded similar intersections to the new Thomson drilling (e.g. PBH16 24m at 0.2% Sn from 30m inc. 8m at 0.4%) and fall into the modelled zone (Figure 2). Of interest is the correlation between the tin mineralisation and reflective surfaces detected in a ground penetrating radar survey carried out by Thomson last year (Figure 3). Two ASX Release 5 April 2018 Thomson Resources ASX Release ASX code: TMZ reflectors, a strong lower reflector and a shallower reflector, form a rectangular or diamond shaped area of bland or quiet response in which the tin mineralisation occurs. This may be indicative of the greisen alteration zone. Significantly, this lower reflector can be traced through the entire survey, which extends for 700m, north and south of the current drilling. | |
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