Thomson Resources Limited (ASX: TMZ) – $0.017

13 Apr 2015

Thomson Resources Limited (ASX: TMZ) has acquired an advanced tin exploration project consisting of two exploration licences near the Ardlethan Mine in New South Wales (Figure 1).

 

TMZ tin NSW

Figure 1. Location of company’s projects in New South Wales

 

 

Ardlethan is the largest known tin occurrence in New South Wales with an endowment of over 50,000 tonnes of contained tin. Historical records indicate that between 1964 and 1986 approximately 25,000 tonnes of tin in concentrate was produced from open cut and underground operations. The mine is on mining leases excluded from the newly acquired exploration licences and is held by private company Australia Tin Resources Pty Ltd.

 

 

EL 8260 surrounds the Ardlethan mining leases and contains multiple prospects including a small proportion of the identified remaining mineralisation from the mine. EL 8163 also has multiple prospects including the Bygoo North tin working located 7km north of Ardlethan.

 

 

The company will launch a drilling program to test the greisen zone at Bygoo as soon as regulatory approvals have been received. The company expects to commence drilling in mid May 2015.

 

 

For further information, visit www.thomsonresources.com.au

 

 

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