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Thomson Resources (ASX:TMZ) intersects further “outstanding” tin mineralisation at Bygoo

ASX News, Mining
ASX:TMZ      MCAP $4.881M
19 July 2022 16:41 (AEST)

The Bygoo Tin project Source: Thomson Resources

Thomson Resources (TMZ) has intersected further “outstanding” tin mineralisation at its Bygoo Tin Project in the Lachlan Fold Belt, NSW.

Results have been received for two further batches of assays with four holes drilled at the newly discovered Stewarts zone which followed up an intersection of 111 metres at 0.45 per cent tin from 57 metres.

Better results include 69.5 metres at 0.5 per cent tin from 60 metres including 2.5 metres at 2.1 per cent tine from 70.6 metres, and 36.2 metres at 0.45 per cent tin from 69 metres including seven metres at 1.7 per cent tin from 98.4 metres.

One final batch is still at the laboratory for assay with results expected to be released in late July or early August.

“Some further great results for the Bygoo Tin Project coming out of the Lachlan Fold Belt
drilling program conducted earlier this year. The tin grades are fantastic and interesting to see some copper coming into it as well,” Executive Chairman David Williams said.

“The expansion of the Stewarts zone we are seeing is great and shows the continuing potential of this tin project.”

The first results from Bygoo were received in early June with a best intersection of 23 metres at one per cent tin from 62 metres encountered.

Shares in Thomson were in the grey on market close, trading at 2.1 cents each.

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