Thomson Resources Ltd (ASX:TMZ, OTCQB:TMZRF) is an Australian mineral exploration company focused on the discovery and delineation of high-grade base and precious metal deposits, including silver, gold, zinc, copper, lead, tin and technology metals, principally within the Lachlan and New England Fold Belts of New South Wales and select projects in Queensland; its core assets encompass the silver-focused New England Silver District featuring Webbs Silver, Conrad Silver and Mt Carrington Silver projects, alongside Yalgogrin Gold, Harry Smith Gold, Bygoo Tin and others, with operations targeting the development of these resources into cash flow generating businesses for precious and base metal producers. Founded in 2009 and headquartered in St Leonards, New South Wales, the company pursues a hub-and-spoke consolidation strategy in underexplored silver provinces across eastern Australia. In recent developments, Thomson Resources changed its name to Silver Metal Group Limited effective December 2, 2024, with ASX code SMG and a 12:1 share consolidation completed in December 2024; it announced plans in October 2024 for an $8 million placement to advance exploration, repay debt and provide working capital, subject to shareholder approval at the November 2024 AGM, alongside settlement of prior obligations with Lind Global in August 2024, exit from the Mt Carrington joint venture with White Rock Minerals in March 2023 due to unfavorable economics, and termination of the Texas Silver Project sale to Warwick Gold Holdings in January 2024 after unmet conditions.