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Thundelarra Ltd.
Summary
| Project: | Garden Gully | |
|---|---|---|
| Deposit: | Garden Gully | |
| Location: | Australia | |
| Commodities: | Gold-Copper-Zinc-Arsenic | |
| Date: | 2/24/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-2-2017: Thundelarra Ltd. announces an Exploration/Drilling Update report for its Garden Gully deposit at the Garden Gully project. Drilling results incl. 7m @ 24.5g/t Au from 11m at Lydia. Thundelarra has carried out two work programmes at Garden Gully | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Costica Vieru (Internal) | |
| ABSTRACT: | Thundelarra has carried out two work programmes at Garden Gully. Phase 1 was scout drilling (28 holes for 2,278m) that delivered visible gold at Lydia and identified 11 significant geological targets. Phase 2 was 29 Reverse Circulation (“RC”) holes for 6,432m, together with associated Down Hole Electromagnetic (“DHEM”) surveys, following up the first nine of the targets. The results and interpretation of the data gathered so far show Garden Gully has the potential to be a significant new gold discovery in an area that has hosted several major gold mines over the years. The Lydia, Transylvania, Battery and Granite Well prospects are shaping up as the four main project targets for immediate follow up. Numerous gold-mineralised intervals from the drilling to date demonstrate the potential. Garden Gully, wholly-owned by Thundelarra, comprises 14 granted Prospecting Licences, 1 granted Exploration Licence, and 1 Exploration Licence application covering about 65.5 km2 located in Western Australia’s Doolgunna region (Figure 1), about 20km north-west of Meekatharra. | |
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