The Bygoo Tin project Source: Thomson Resources
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Thomson Resources (TMZ) reports new “outstanding” tin results from diamond drilling at its Bygoo tin project in the Lachlan Fold Belt of NSW
  • Assay results include 2.2 metres at 4 per cent tin from 81.6 metres and 36.7 metres at 0.4 per cent tin from 92.4 metres
  • The results come from a review of diamond holes completed in 2022
  • Executive Chair David Williams says the high-grade tin mineralisation has exceeded original expectations and the project “continues to deliver outstanding results”
  • TMZ shares last traded at 1.7 cents on Wednesday afternoon

Thomson Resources (TMZ) has reported new “outstanding” tin results from diamond drilling at its Bygoo tin project in the Lachlan Fold Belt of NSW.

The results came from a review of diamond drill holes completed in 2022 and include intersections such as 2.2 metres at 4 per cent tin from 81.6 metres, including 36.7 metres at 0.4 per cent tin from 92.4 metres.

Other results include 13.6 metres at 0.6 per cent tin from 103.4 metres, including 3 metres at 2.3 per cent tin from 127.7 metres.

These results are from two completed diamond holes at the Bygoo North zone, which returned solid rock core samples in 2022 and have since been the subject of interpretation and analysis.

The high-grade tin mineralisation exceeded original TMZ expectations.

“The Bygoo tin project continues to deliver outstanding tin results reinforcing the potential of the project and the Lachlan Fold Belt,” Thomson Executive Chairman David Williams said.

“The constant review by the team continues to reap rewards and provides a greater understanding of the mineralisation at the Bygoo project.”

TMZ shares last traded at 1.7 cents on Wednesday afternoon.

TMZ by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX inches up to win hard fought gains

The ASX200 closed the day up 0.35% with Energy leading the pack, up 1.86%, followed by Financials,…

Week 19 Wrap: European countries beam at China as Oz, US talk tough

The biggest story of this week in my view hasn't got much to do with Australian…

Negotiation with Aboriginal Corporation in Queensland set to guide Diatreme’s silica project

Diatreme Resources has entered into negotiations with the Dingaal Clan Dwhich it hopes will expedite the…
The Market Online Video

Market Update: Energy sparks ASX back to a greener future

The ASX200 is up nearly half a per cent – beating futures earlier predictions,