Thomson Resources Ltd (ASX: TMZ, OTCQB: TMZRF) ('Thomson' or the 'Company') is pleased to announce restated, polymetallic Mineral Resource Estimates (MRE's) in accordance with the 'Australasian Code for Reporting of Mineral Resources and Ore Reserves' (the JORC Code as prepared by the Joint Ore Reserve Committee of the AusIMM, AIG and MCA and updated in December 2012) for the Strauss - Kylo deposits, prepared initially by Mining Plus Pty Ltd in 2017 for White Rock Minerals Ltd.

WRM MRE's reported in WRM ASX announcements only contained gold and silver11-16. As such, this is the first MRE for Strauss and Kylo which includes zinc and copper as well as gold and silver. The Thomson Strauss and Kylo polymetallic MRE's deliver an Indicated and Inferred Mineral Resource of 6.00 Mt at 1.17 g/t Au, 1.59 g/t Ag, 0.33% Zn, 0.06% Cu, for a contained 225 Koz Au, 306 Koz Ag, 19.8 kt Zn and 3.5 Kt Cu.

David Williams, Executive Chairman of Thomson said: 'It is great to be able to finally talk about the polymetallic potential of the Mt Carrington Project and in the context of our Hub and Spoke Strategy. Whilst we will continue our robust and thorough approach to reporting MRE's, given the work we had already done on the Strauss and Kylo deposits under the earn-in, we were able to quickly get these done to illustrate the potential to uplift the resources by bringing in the zinc and copper mineralisation. In doing that though it must be remembered that these are conservative estimates as they are limited to the previously determined gold only pit shells under the White Rock PFS. We will come back later to pick up the mineralisation that may exist outside of those shells. 'As you can see, just adding these constrained estimates for Strauss and Kylo takes us a long way towards our 100 Moz AgEq target that would be available to a centralised processing facility. It must also be remembered that these 2 deposits are gold dominate deposits with minimal silver and we are still to bring in the silver ounces from the likes of the silver dominant deposits of Lady Hampden, Silver King and White Rock. 'Once we can add in these other deposits with our polymetallic MRE's, given the estimates already published by White Rock for just the silver, I am very confident that our 100 Moz AgEq target will be well exceeded. 'The Mt Carrington picture will continue to evolve and will enhance the NEFBHS as we complete the updated MRE's, fold them into the Central Processing Pathway Study, progress the metallurgical understanding and embark on drill testing the areas between the various deposits.'

Contact:

David Williams

Email: david@thomsonresources.com.au

About Thomson Resources

Thomson Resources holds a diverse portfolio of minerals tenements across gold, silver and tin in New South Wales and Queensland. The Company's primary focus is its aggressive 'New England Fold Belt Hub and Spoke' consolidation strategy in NSW and Qld border region. The strategy has been designed and executed in order to create a large precious (silver - gold), base and technology metal (zinc, lead, copper, tin) resource hub that could be developed and potentially centrally processed. The key projects underpinning this strategy have been strategically and aggressively acquired by Thomson in only a 4-month period. These projects include the Webbs and Conrad Silver Projects, Texas Silver Project and Silver Spur Silver Project, as well as the Mt Carrington Gold-Silver earn-in and JV. As part of its New England Fold Belt Hub and Spoke Strategy, Thomson is targeting, in aggregate, in ground material available to a central processing facility of 100 million ounces of silver equivalent. In addition, the Company is also progressing exploration activities across its Yalgogrin and Harry Smith Gold Projects and the Bygoo Tin Project in the Lachlan Fold Belt in central NSW, which may well form another Hub and Spoke Strategy, as well as the Chillagoe Gold and Cannington Silver Projects located in Queensland. Thomson Resources Ltd (ASX: TMZ) (OTCQB: TMZRF) is listed on the ASX and also trades on the OTCQB Venture Market for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find Real-Time quotes and market information for the company on www.otcmarkets.com.

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