Thomson Resources (ASX:TMZ) will soon undertake maiden drilling to assess the potential of the Mallee Hen gold prospect that includes a historical mine.

It follows the completion of Phase 3 drilling consisting of 15 holes totalling 1,950m at the Harry Smith gold project in New South Wales’ renowned Lachlan Fold Belt.

Assays from the Phase 3 drilling are expected in the next two to three weeks.

Described as “exceptionally rich”, the historical Mallee Hen mine was worked up until 1917 and produced over 5,000oz of gold.

The quartz vein was worked with two shafts and on four levels to a depth of 52m.

Modern exploration has consisted of sparse rock chip sampling and a single line of soil sampling that returned up to 0.86 grams per tonne (g/t) gold.

Thomson noted that no follow up was undertaken as the results were viewed as possibly due to contamination and that no drilling was ever undertaken.

It plans to test Mallee Hen with an initial six shallow reverse circulation holes.

mallee hen thomson resources
Location of the Mallee Hen prospect. Pic: Supplied

Mallee Hen project and future activity

Mallee Hen is located about 15km northeast of Harry Smith.

Its geology appears similar to that at Harry Smith with gold hosted by quartz veining and silica alteration of Ordovician metasediments.

Following the completion of drilling at Mallee Hen, the rig will mobilise to the Bygoo tin project to carry out resource and extensional drilling.

Should there be enough time, it will then move to Bald Hill to follow-up on previous drilling intercepts.

This article was developed in collaboration with Thomson Resources, a Stockhead advertiser at the time of publishing.


This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.