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Thundelarra Ltd.
Summary
| Project: | Garden Gully | |
|---|---|---|
| Deposit: | Crown Prince | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/24/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-7-2018: Thundelarra Ltd. announces an Exploration/Drilling Update report for its Crown Prince deposit at the Garden Gully project. Drilling results incl. 3.25m @ 18.5g/t Au from 107m. Thundelarra is pleased to provide results of the diamond and reverse | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Costica Vieru (Internal) | |
| ABSTRACT: | Thundelarra is pleased to provide results of the diamond and reverse circulation drilling programme carried out at the Crown Prince Prospect, which forms just one part of our exciting Garden Gully gold project near Meekatharra, a well-established and proven gold production centre in Western Australia’s Murchison Province. Gold mineralisation was intersected in 13 of 17 holes drilled in this programme: another excellent result that further confirms the potential present at Garden Gully and in particular at Crown Prince. The geological data from this programme, combined with the geophysical data from SAM surveys, have delivered improved understanding of the structural controls and solid indications that the known mineralisation at Crown Prince could repeat, and nearer to surface in the oxide zone, immediately to the northeast in previously untested areas. Results from over 31,500m drilled in 167 holes (27,915m RC; 3,676m DD) since mid-2016 continue to indicate the presence of a major, previously undiscovered, gold-mineralised system at Garden Gully, in one of Western Australia’s most productive gold provinces. This programme at Crown Prince continued to deliver outstanding results, further confirming the presence of high grade mineralisation in the known lodes and establishing the new geological theory that the mineralisation extends into the oxide zone to the northeast of the Crown Prince in areas never previously tested. This augurs well for future exploration at Crown Prince in particular. | |
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