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Thomson Resources Ltd.
Summary
| Project: | Harry Smith | |
|---|---|---|
| Deposit: | Golden Spray, Silver Spray | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/26/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-3-2018: Thomson Resources Ltd. announces an Exploration/Drilling Update report for its Golden Spray, Silver Spray deposit at the Harry Smith project. Drilling results incl. 54m @ 1.0g/t Au from 37m. 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 drill campaign at the Harry Smith gold project, 30km south of Ardlethan, NSW. Five holes for 558m were drilled near old workings along the 400m strike length of the known lode. At least two distinct gold-bearing quartz reefs occur at the Harry Smith prospect, termed here Golden Spray and Silver Spray (Figure 1). The reefs were worked in three periods (1893-1902, 1911-1917 and 1937-1942) with a total recorded production of over 3,500 ounces of gold (Mines Record 2507). The first modern exploration was carried out by Shell Minerals (Higgins 1981) including drilling of 9 percussion holes in 1981. Several holes hit wide zones of mineralisation with the best intercept (PNG5, 46m at 1.3 g/t Au) drilled to the north of the Golden Spray workings. The next important phase of exploration was carried out by Bolnisi Gold (Rangott 1996), who drilled 15 RC holes in 1995, recording numerous mineralised intercepts. In particular, ASX Release 26 March 2018 Thomson Resources ASX Release ASX code: TMZ the strong gold intercepts of GG95-2 (25m at 2.2 g/t Au from 16m depth) and GG95-13 (18m at 2.4 g/t Au from 73m depth) confirmed the potential of the Golden Spray area at the northwest end of the Harry Smith line of lode (Figures 1, 2). | |
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