Welcome to Thomson Resources
Thomson Resources Ltd (ASX: TMZ) is an Australian-based exploration company focussed on the discovery and development of high quality mineral deposits within the Cobar Region of western NSW and in particular the unexplored Thomson Fold Belt. Thomson Resources listed on the ASX on Friday December 17th, 2010 with major shareholders Minotaur Exploration Ltd (ASX:MEP) and PlatSearch NL (ASX:PTS).
TMZ's primary focus is the Thomson Fold Belt, a region of deformed and intruded sediments and volcanics thought to be the under-cover, unexplored northern extension of one of Australia’s premier metalliferous mining districts, the Lachlan Fold Belt. Thomson has discovered multiple Intrusion-Related Gold (gold +/- bismuth, copper, lead, zinc, molybdenum, tungsten) systems; three are considered to be particularly prospective (F1, Cuttaburra A and B). TMZ has a dominant tenement position in this new mineral belt which has had minimal, but very encouraging, exploration so far.
Cuttaburra A and B, have yielded high grade intercepts; demonstrating for the first time that these systems have the potential to host economic deposits. The high grades were in a range of commodities in different combinations: up to 3.7 g/t Au, 113 g/t Ag, 4.2% zinc, 0.5% copper, 1.8% lead, 0.8% tin and 0.6% tungsten. At F1, Thomson has intersected granite at shallow depths for the first time; with anomalous tungsten, molybdenum and gold.
Thomson considers that it has proven its basic exploration model: that magnetic anomalies under cover in NW NSW in the Thomson Fold Belt are associated with base and precious metals mineralised systems. Overall, nine of the most prominent magnetic anomalies, widely separated over a distance of 150km, have been tested so far with eight positive results. This is a remarkable strike rate.
Thomson has also recently identfied tin-tungsten prospects on its ground. At Wilgaroon a single deep hole, drilled in 1996 but never followed up, yielded 250m of anomalous tin-tungsten mineralisation, with individual metres up to 2.5% tin and 1.4% tungsten.