Thomson Resources announced that it has entered into a binding Terms Sheet to acquire EL7896 (Barellan tenement) which is located in the Lachlan Fold Belt in NSW and situated approximately 20km north west of the Harry Smith gold project. Thomson has also lodged an EL Application for land between the Barellan tenement and the Harry Smith gold project - ELA6181 (Bolaro). These 2 EL acquisitions when added to existing EL's and ELA's held by Thomson in the Lachlan Fold Belt will increase Thomson's land holding to an aggregate of just over 2,360 km2. Barellan gold acquisition: The current holders of the Barellan tenement are private company Cape Clear (Lachlan) Pty Ltd. and Carpentaria Resources Ltd. The tenement is located 40km north of Narrandera and 20km southwest of Ardlethan. The Barellan target is also approximately 25km north west of the Harry Smith gold project and has similar host rocks. Recent drilling has confirmed that a large gold system exists at Harry Smith and enhanced the Company's understanding of the mineralisation and controls within that project which can be leveraged for future exploration activities at Barellan and Bolaro. The Barellan tenement is located within the Wagga-Omeo segment of the Lachlan Fold Belt, or central Lachlan Fold Belt (CLFB), and covers Ordovician-Silurian sediments intruded by significant volumes of S-type Silurian granite and granodiorite. Within New South Wales this granite intrusion extends for a distance of over 600km from north of Cobar south to the Victorian State border (and beyond). The batholith is noted as host to important tin and tungsten mineralisation at the historical mining districts of Ardlethan and Gibsonvale. Bolaro EPM: Given the success of the recent results from the follow-up drilling at Harry Smith gold project which has identified a large gold system with open pit potential, and the Barellan acquisition agreement, Thomson has submitted an application for a new EL, ELA 6181 (Bolaro). The Bolaro ELA covers 295 km2 and connects Thomson's Frying Pan EL, which incorporates the Harry Smith gold project, and the Barellan EL. The new Bolaro ELA covers a zone of faults (from magnetics) that wrap around the Grong Grong granite and up to the Moombooldool granite. The ELA covers the northern margin and southern margin of these granites respectively. The eastern bounding fault is probably the biggest and that runs up the western margins of the Ganmain granite (not labelled), Boblegigbie granite, Rosemorder granite and the Ardlethan Granite.