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Thomson Resources (ASX:TMZ) reports new high-grade tin results from Bygoo, NSW

ASX News, Materials
ASX:TMZ      MCAP $4.881M
08 February 2023 18:58 (AEST)

The Bygoo Tin project Source: Thomson Resources

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.

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