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Thundelarra Ltd.

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Summary

Project:

Garden Gully

Deposit:Garden Gully
Location:Australia
Commodities:Gold
Date:6/28/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:28-6-2018: Thundelarra Ltd. announces an Exploration/Drilling Update report for its Garden Gully deposit at the Garden Gully project. Drilling results incl. 5m @ 7.1g/t Au from 60m. Thundelarra is pleased to provide results from the air core drilling prog
Resources:x
CP/QP:[Overall Report]: Costica Vieru (Internal)
ABSTRACT:Thundelarra is pleased to provide results from the air core drilling programme that successfully tested the potential for new zones of gold mineralisation at the Young, Lydia, Leanne, Ardeal and Transylvania prospects at our exciting Garden Gully gold project Nineteen AC lines drilled at Young, Lydia, Ardeal, Leanne and Transylvania tested potential for gold mineralisation under areas with limited outcrop where traditional soil geochemistry targeting had proved ineffective. The programme was highly successful, identifying multiple follow-up gold targets associated with complex structural controls, as at Crown Prince. Four Sub Audio Magnetic (“SAM”) geophysical surveys were then carried out over these target areas. Results confirmed the targets are associated with intense structural complexities interpreted to be controls on the mineralisation already identified at the Crown Prince, Lydia, Transylvania and now Young prospects. These new targets are interpreted to represent potential repetitions of the mineralised shoots identified to date at the Garden Gully Project.

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