Thomson Resources (Thomson or the Company) advised strong gold results have been returned from the Phase-2 drilling program at the Company's 100% owned Yalgogrin gold project in the Lachlan Fold Belt, NSW. Yalgogrin Results: Thomson's first drilling program in July 2020 discovered thick low-grade gold mineralisation from surface as well as deeper high-grade lodes. The Shellys-Bursted Boulder target area proved the most promising area with high-grade intercepts below both of the main lines of historic workings. Thomson undertook the Phase-2 follow up drilling program in November/December 2020 which was designed to extend the known mineralisation by drilling sections either side of the first drill section and following the mineralisation east and west2. 6 RC holes were drilled for an aggregate of 720 metres. The program successfully extended the Bursted Boulder mineralisation east, west and down dip; and it is still open in all directions providing targets for further follow up drilling. The drilling encountered high-grade gold, often within extensive low-grade haloes: but all of the highest-grade results lined up on a single plane interpreted to be the projection of the Bursted Boulder shallow historic surface workings. This lode is showing strong continuity and will be targeted for extension in the follow up programs. Hole TGRC18 was drilled at the Shellys workings, 100m to the south of Bursted Boulder. This hole deviated and was not effective in following up the previous intersection of 2m at 7.5 g/t Au in TGRC08. TGRC18 did return 4m at 1.5 g/t Au from 25m depth, but this was 25m north of the expected position and is currently interpreted as a separate lode. More work will be done at Shellys to clarify the geometry of the lode systems and will be a target for the next round of drilling at the Yalgogrin gold project. Harry Smith Gold Project: Drilling results from the December 2020 program3 are expected during this week and will be the subject of a separate announcement. The RC drilling program was designed to test and extend the known gold zones, probe a possible connection between them and assess the potential 800m strike extent, including follow up of intercepts such as 17m at 5.2 g/t Au, incl. 9m at 9 g/t Au (Hole HSRC009) and 54m at 1 g/t Au (Hole HSRC004).