Thomson Resources: Confirms gold system at Harry Smith Project

  • Thomson Resources (TMZ) has intersected significant gold at all 11 holes drilled at the Harry Smith gold project, located in the Lachlan Fold Belt in New South Wales
  • Assay results received from the holes during their Phase-3 program had wide intersections indicating open-pit gold potential
  • Significant intercepts from this drilling program include seven metres at 4.4g/t gold from a 23-metre-depth (within 87 metres at 0.9g/t gold from 22 metres)
  • The program has extended the Silver Spray and Golden Spray lodes to the west and northwest and connected the Harry Smith lode to the Silver Spray lode
  • High priority follow up drilling will consist of both in-fill and extensional drilling to the west where mineralisation remains open
  • Thomson Resources is up 9.09 per cent, trading at 12 cents per share
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Coinbase Strengthens UK Crypto Borrowing Options for Customers

Users can now borrow against their cryptocurrency holdings in the UK.Highlights: Coinbase now allows UK customers to borrow...

Chase UK Appoints Monzo’s Malani as CEO, Strengthening Leadership Team

Former Monzo executive will lead Chase UK's growth strategy.Highlights: Chase UK appoints Monzo veteran Malani as CEO.This move...

Revolut Targets $150 Billion Valuation Ahead of IPO

The fintech giant aims high as it prepares for its initial public offering.Highlights: Revolut aims for a $150...

NextGen Nordics 2026 Strengthens Future of Money with 29 Leading Voices

A lineup of key speakers will shape discussions on financial innovation.Highlights: NextGen Nordics 2026 to feature 29 key...