Thomson Resources holds a diverse portfolio of minerals tenements across gold, silver and tin in New South Wales and Queensland. The Company’s primary focus is its aggressive “Fold Belt Hub and Spoke” consolidation strategy in NSW and Qld border region. The strategy has been designed and executed in order to create a large precious (silver – gold), base and technology metal (zinc, lead, copper, tin) resource hub that could be developed and potentially centrally processed.
The key projects underpinning this strategy have been strategically and aggressively acquired by Thomson in only a 4-month period. These projects include the Webbs and Conrad Silver Projects, Mt Carrington Silver-Gold Project, Texas Silver Project as well as the Hortons Gold Project which was already being acquired. As part of its Fold Belt Hub and Spoke Strategy, Thomson is targeting, in aggregate, in ground material available to a central processing facility of 100 million ounces of silver equivalent (refer to table 1 below for list of previous Reserve and Resource announcements for each project).
In addition to Thomson’s Fold Belt Hub & Spoke strategy the Company is also progressing exploration activities across its Yalgogrin and Harry Smith Gold Projects and the Bygoo Tin Project in the Lachlan Fold Belt in central NSW, as well as the Chillagoe Gold and Cannington Silver Projects located in Queensland.
Thomson Resources Hub and Spoke JORC Reserves and Resources References
|Texas||Heap Leach Pad Resource – JORC 2012||ASX:MRV - 21 April 2017, MRV Metals Pty Ltd Re-release of Heap leach Stockpiles Data|
|Twin Hills Resource – JORC 2012||ASX:MRV - 19 September 2016, MRV Metals Pty Ltd|
|Confirms significant Resources in Twin Hills Mine|
|Mt Gunyan Resource – JORC 2012||ASX:MRV - 5 October 2016, MRV Metals Pty Ltd|
|Confirms JORC Resource - Mt Gunyan|
|Mt Carrington||U-PFS – JORC 2012||ASX:WRM - 19 August 2020, Exceptional Updated|
|Gold First Reserves – JORC 2012||Gold Pre-Feasibility Study Results|
|Gold First Resources – JORC 2012|
|Gold Dominant Resources – JORC 2004||ASX:WRM - 19 August 2020, Exceptional Updated|
|Gold Pre-Feasibility Study Results, and|
|Silver Dominant Resources – JORC 2004||ASX:WRM - 9 October 2017 Improved Gold Resources at Mt Carrington Gold-Silver Project.|
|Webbs||Silver Resource – JORC 2004||ASX:SVL - 27 February 2012, Indicated and Measured JORC Resource at Webbs Project Upgraded 400%|
|Conrad||Silver Resource – JORC 2004||ASX:MAR - 16 December 2008, Conrad Silver Project: Resource Upgrade to Form Basis of New Scoping Study|