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Thomson Resources Ltd.
Summary
| Project: | Harry Smith | |
|---|---|---|
| Deposit: | Golden Spray, Silver Spray | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/16/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-1-2019: Thomson Resources Ltd. announces an Exploration/Drilling Update report for its Golden Spray, Silver Spray deposit at the Harry Smith project. Drilling results incl. 17m @ 5.2g/t Au from 38m. Thomson Resources is pleased to announce that it has | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Eoin Rothery (Internal) | |
| ABSTRACT: | Thomson Resources is pleased to announce that it has received highly encouraging gold assays from its first four holes drilled in December 2018 at the Harry Smith gold project, 30km south of Ardlethan, NSW. Hole HSRC008 intercepted 49m at 0.8 g/t Au from 30m depth, including 5m at 2.6 g/t Au from 71m depth. HSRC009, drilled 32m west on the same lode, intercepted 17m at 5.2 g/t Au from 38m depth, including 9m at 9.2 g/t Au from 38m. These two holes were drilled at the Silver Spray lode, 130m south of the Golden Spray workings drilled earlier last year (Figure 1). No workings are visible at surface, but there are small outcrops of quartz-veined schist and siltstone which were used to guide the drilling. Both holes intercepted strongly veined schist and siltstone with minor sandstone. Gold grade in individual metres was highly variable with the metre sample from 44 to 45m in HSRC009 grading 38 g/t Au, showing potential for high grade shoots within the lower grade envelopes. Historic drilling in this area is limited (Figure 1). Thomson drilled 9 holes for 833m at the Harry Smith project in December 2018, following on from five holes drilled earlier in 2018. The standout hole from the first drilling campaign was HSRC004 which intercepted 54m at 1.0 g/t Au from a depth of 8m at the Golden Spray workings (Thomson ASX release of 26 March 2018). The campaign this time focussed on the main Harry Smith workings with 5 holes, results from two of which have been received (no significant gold). | |
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