Thomson Resources announced that strong gold and silver results have been received for rock chip sampling from various prospects at Thomson's 100% owned Lachlan Fold Belt Project in New South Wales. Results include gold assays up to 98.2 g/t Au at Pikes, 9.1 g/t Au at Buddigower, 7.5 g/t Au at Four Mile, 3.8 g/t Au at Kildary and silver assays up to 610 g/t Ag at Buddigower. All mineralised samples are from mullock dumps next to historical workings dating from the early twentieth century (mostly 1901 to 1906).

No effective drilling has occurred at any of these localities. In 1967 Ardlethan Tin had an option over the area and drilled several 15m deep vertical holes over a 150m x 50m area at the central group of workings. Six holes were anomalous in tin with a best of 1.5m at 0.44% Sn at end of hole (EOH).

Two further holes were drilled 100m to the southeast and both had 1.5m at 0.3% Sn. No gold or silver assays were done. Four shallow holes for a total of 38m were drilled by Amax in 1982.

Only a general location was reported, and no anomalous tin intersected. No gold or silver assays were conducted. The next modern exploration was by Golden Cross Operations PL from 1994 to 2001.

Golden Cross collected rock chips with up to 4.8 g/t Au as well as silver to 101 g/t Ag. Auger drilling followed with 55 shallow (3.3m depth) vertical holes and a best result of 0.25 g/t Au. As these were essentially soil samples at the soil/bedrock interface and many appear to be affected by contamination as their generally high tenor is not supported by later, neighbouring data.

For follow up, 9 shallow RAB holes to 18m depth were drilled in 1998, with anomalous gold in four of those up to 0.3 g/t Au. No tin or silver assays were conducted. These holes are depicted on Figure 2 below, with a colour by gold value.

Other surface sampling consisted of soil and rock chip sampling. Metallic Resources collected 91 soil samples in 1992-3 analysed for gold and silver by BLEG (Bulk leach extractable gold) as well as 30 standard, unsieved soil samples analysed by Neutron Activation Analysis (Open File GS 1994/034). Golden Cross collected 94 soil samples and 2 rock chips from 1995-99 (Open File GS1995/211, GS1997/251 and GS1999/478).

Thomson Resources collected a further 37 rock chip samples in 2022, mainly from spoil heaps. Combined with the previous exploration data the surface sampling appears to show separate mineralised areas for gold and silver. Silver tends to follow the Buddigower Granite boundary, with gold located more centrally i.e., deeper in the granite.