Thomson Resources announced that the company is well advanced in defining a JORC 2012 Mineral Resource Estimate (MRE) for the Twin Hills silver-gold deposit, Texas silver district, southern Qld. The Texas Project is a 100% Thomson owned, silver-gold-zinc-lead-copper district with historic production totaling an estimated 4.2 million ounces of silver 1,2,3, 690 tonnes zinc, 1,050 tonnes of lead and 990 tonnes of copper. Exploration by previous operators in the Texas District has defined silver- gold - base metal resources at the Silver Spur, Twin Hills and Mt Gunyan deposits.

Twin Hills Metallurgical Test Work and New Mineral Resource Estimate: Twin Hills is a bulk-minable, silver - gold deposit with minor associated zinc, lead and copper. Only approximate 25% of the known sulphide deposit has been mined via previous open pit mining and heap leach operations. This has left the majority of the deposit unmined and silver - gold sulphide mineralization outcropping in the pit floor, easily accessible for a potential restart of mining operations.

The company engaged geoscience consultants, Global Ore Discovery to re-evaluate the deposit geology and build a new geological model of Twin Hills, compile a validated database of all historic drilling information, augmented with additional bulk density and check assay sampling as required to calculate a new MRE to JORC 2012 reporting standards. A validated and expanded drill hole data base and 3D wireframes of the new geological model have been delivered to Thomson's Resource Geological consultants, AMC Resources. Calculation of the new MRE for Twin Hills is progressing and will be reported within the coming weeks.

Global Ore also collected 78 metallurgical samples totaling 220 kg of sulphide mineralization representative of the silver grade and mineralization styles of the Twin Hills deposit. These samples were selected from historic drill core and outcrop from within the Twin Hills pit and submitted to Thomson's metallurgist consultants, CORE Resources, for metallurgical analysis. All historic metallurgical test work on the Twin Hills mineralization was focused on heap leach processing of the silver ore.

The company's tests are designed to address gaps in the metallurgical understanding of the Twin Hills deposit and evaluate new processing pathways that could deliver higher silver recoveries than the less than 60%, silver recovery returned from the historic heap leach operations. The overriding objective is to define metallurgical processes that could also be compatible with Thomson's central processing concept for the New England Fold Belt Hub and Spoke project portfolio. Silver - Gold Drill hole Intersection for Twin Hills in Ground Deposit: Down hole silver and gold intersections have been calculated from the newly validated drill hole data base at 25 g/t Ag cut off (approximate cut off grade of previously published Twin Hills MRE5) and at 90 g/t Ag cut off.

These intersections highlight the broad intervals of bulk minable style silver mineralization and the presence of a higher-grade silver "core zone" to the Twin Hills deposit. Further, the intersections confirm the presence of potentially significant "co-product" gold mineralization in the deposit, as highlighted: 36 m at 180.2 g/t Ag and 0.42 g/t Au (hole THP041) 25 g/t Ag cut off; 14 m at 196.6 g/t Ag and 0.75 g/t Au (hole THP061) 25 g/t Ag cut off; 10 m at 457.0 g/t Ag and 1.05 g/t Au (THP 305) 90 g/t cut off 4 m at 675.0 g/t Ag and 2.19 g/t Au (THP061) 90 g/t cut off.