- Thomson Resources (TMZ) initiates an on-ground exploration program at its wholly-owned Conrad silver, tin, lead, copper polymetallic lode system in NSW
- Thomson has kicked off a detailed geological mapping and rock chip sampling program at the 7.5-kilometre long lode system to test for extensions to known areas of mineralisation
- The programs are hoped to provide data for planning follow-up geophysics and drilling programs in the first half of 2022
- Executive Chairman, David Williams, has warned shareholders to hold on to their hats as the “Thomson train takes off again in 2022”
- Thomson Resources shares are up 3.33 per cent to 6.2 cents at 10:50 am AEDT
Thomson Resources (TMZ) has initiated an on-ground exploration program at its wholly-owned Conrad silver, tin, lead, copper polymetallic lode system.
The project is considered a key aspect within the company’s New England Fold Belt Hub, located near the town of Inverell in northern New South Wales.
Thomson kicked off a detailed geological mapping and rock chip sampling program at the 7.5-kilometre long lode system to test for extensions to known areas of mineralisation.
The mapping and rock chip sampling program was designed to focus on the four-kilometre long lode segments to the southeast of the current JORC Resource, where historical rock chip sampling and shallow drilling has been mostly underexplored.
The programs are hoped to provide integral data for the planning of follow-up geophysics and drilling programs planned for the first half of 2022.
“As I have mentioned in recent announcements, the Thomson team has started to mobilise to various focus areas to commence gathering new data based on what is now a very well informed understanding of what we believe are the highly prospective areas in this portfolio of New England Fold Belt projects,” explained Executive Chairman, David Williams.
“The work initiated at Texas and here at Conrad are important precursors to refining our targeting of potentially expansional and extensional areas. Hold on to your hats as the Thomson train takes off again in 2022!”
Thomson Resources shares are up 3.33 per cent to 6.2 cents at 10:50 am AEDT.