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Thundelarra Ltd.
Summary
| Project: | Garden Gully | |
|---|---|---|
| Deposit: | Lydia | |
| Location: | Australia | |
| Commodities: | Gold-Copper-Zinc-Arsenic | |
| Date: | 6/20/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-6-2017: Thundelarra Ltd. announces an Exploration/Drilling Update report for its Lydia deposit at the Garden Gully project. Drilling results incl. 30m @ 3.0g/t Au from 105m. Recent drilling at the Lydia Prospect of the Garden Gully project appears to h | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Costica Vieru (Internal) | |
| ABSTRACT: | Recent drilling at the Lydia Prospect of the Garden Gully project appears to have unlocked the structural controls of the gold mineralisation, extending the known mineralisation and setting the prospect up for the next stage of follow-up drilling to target an initial resource. Numerous gold-mineralised intervals from the drilling carried out to date at the Lydia prospect clearly demonstrate the potential that this area offers. Our recognition of the significance of a depleted zone beneath the supergene enrichment zone appears to provide an explanation as to why the historical exploration of Garden Gully failed to identify the potential for primary gold mineralisation at depth that we are encountering at Lydia. Garden Gully, wholly-owned by Thundelarra, comprises 14 granted Prospecting Licences and 2 granted Exploration Licences covering about 78 km2 located in Western Australia’s Doolgunna region (Figure 1), about 20km north-west of Meekatharra. Following lithological and structural interpretation of the core from diamond hole TGGRCDD001, selected intervals were cut and submitted for assay. The results are still pending. It should be noted that the main objective of the diamond hole at Lydia was to obtain geological and structural information to assist in the interpretation of the structural regime controlling the gold mineralisation. Our geological team is confident that the programme was successful in this respect, although further interpretation will be needed when assays are received. | |
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