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Transaction Announcement Reports
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Project: | Garden Gully | |
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Deposit: | Garden Gully | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 9/14/2016 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 14-9-2016: Thundelarra Ltd. announces an Exploration/Drilling Update report for its Garden Gully deposit at the Garden Gully project. Drilling results incl. 6m @ 2.9g/t Au from 103m at Transylvania. Thundelarra is pleased to report results and conclusions | |
Resources: | x | |
CP/QP: | [Overall Report]: Costica Vieru (Internal) | |
ABSTRACT: | Thundelarra is pleased to report results and conclusions from the balance of the holes drilled at the Garden Gully Gold Project. This initial drilling programme has been an unqualified success, exceeding our expectations for a first-pass scout programme. Deep RC drilling will test these tantalising new targets to follow the mineralisation identified in this programme. This initial scout drilling programme at Garden Gully was designed to develop an understanding of the local geology and structure in order to help identify targets for subsequent more detailed, deeper follow-up drilling. Not all holes were able to achieve target depth due to a number of factors, but this did not prevent the programme from being an outstanding success. Originally intended as an air core programme, but air core could not penetrate the thick ferricrete layer under transported cover. With a shallow water table too, the programme was changed to Reverse Circulation using a small diameter hammer and the same rig. A total of 28 holes were drilled for a total advance of 2,278m, testing targets at eight prospect locations identified from historical reports, geochemistry, geological mapping and geophysical surveys. The Garden Gully project, wholly-owned by Thundelarra, comprises 14 granted Prospecting Licences, 1 granted Exploration Licence, and one Exploration Licence application covering about 65.5 square kilometres and is located in Western Australia’s Doolgunna region (Figure 2) about 20km north-west of the town of Meekatharra. | |
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