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Thundelarra Ltd.

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Summary

Project:

Garden Gully

Deposit:Lydia
Location:Australia
Commodities:Gold
Date:1/17/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-1-2018: Thundelarra Ltd. announces an Exploration/Drilling Update report for its Lydia deposit at the Garden Gully project. Drilling results incl. 9m @ 4.8g/t Au from 213m. Thundelarra is pleased to provide an update on the recent diamond and reverse c
Resources:x
CP/QP:[Overall Report]: Costica Vieru (Internal)
ABSTRACT:Thundelarra is pleased to provide an update on the recent diamond and reverse circulation drilling programmes at the Lydia 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. All holes intercepted gold mineralisation in both the weathering profile and the underlying primary zone, confirming the presence of an extensive mineralisation system which extends for over 500m strike identified so far and remains open to the north and south and at depth. Thundelarra began exploring Garden Gully in mid-2016. To date almost 26,000m of drilling has been completed in 141 holes, comprising 23,432m of RC and 2,522.6m of diamond as we aggressively explore the unquestioned potential of the exciting Garden Gully project, located in one of Western Australia’s most productive gold provinces. Results continue to support the potential for a major new discovery at Garden Gully Details of the holes drilled at Lydia in the latest programme are given in Table 1. Drill collar locations and drill traces for each hole are shown in Figure 3. Two cross-sections through the median section of the Lydia NW shear zone display the steep, south-westerly plunging mineralised shoots within the main mineralised structure (Figures 4, 5).

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