Thomson is eyeing the big picture at its Texas silver-base metal district

With the Texas silver and base metal district in Queensland now under its control, Thomson has kicked off the first step in a new district-scale exploration program.

The 10km dipole-dipole induced polarisation electrical geophysics program will test:

A 1.1km long high-order, covered chargeability and resistivity anomaly adjacent to the Twin Hills Silver deposit; and
A blind northwest extension of the Stokes fault that recent structural mapping has highlighted as a probable feeder zone to the Twin Hills and Silver Spur silver-zinc mineralisation

Initial lines of this survey will be completed before the Christmas refresh and restarted immediately in early January 2022.

Thomson Resources (ASX:TMZ) adds that the expanded 2022 geophysical program will test a series of undrilled silver and base metal soil anomalies and the blind strike extension of the Stokes Fault south from the Silver Spur mine.

“The Thomson team have been working hard behind the scenes over the last six months or so to get a thorough understanding on what has been going on geologically in the Texas silver and base metals district,” executive chairman David Williams said.

What lies beneath

“Extensive review of a mountain of historical information, data, drill core and RC chips have helped build a district scale picture of the geology.

“It is great now to be able to start testing this, first with geophysical surveys and then with some drilling.”

“There are some pretty interesting anomalies thrown up by this review of historic information that I look forward to uncovering what might lie beneath.”

Earlier this week, the company completed the acquisition of the Silver Spur mine, giving it complete control of the +3.6Moz Texas silver-base metals district.

District-scale exploration

Thomson is compiling an extensive patchwork of historical exploration data sets for the Texas district amassed over decades of exploration by previous explorers and integrating the date with its proprietary knowledge of the geological controls of the Texas District silver and base metal deposits.

This will be used as a “springboard” for a renewed exploration push of the region with the IP survey being the natural first step.

TMZ is also actively expanding the coverage of access agreements with surface owners in the Texas district so that exploration can be extended to test additional targets in the Thomson-owned exploration licences surrounding the existing mining licences.

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.