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Thundelarra Ltd.
Summary
| Project: | Garden Gully | |
|---|---|---|
| Deposit: | Transylvania, Battery | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 2/20/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-2-2018: Thundelarra Ltd. announces an Exploration/Drilling Update report for its Transylvania, Battery deposit at the Garden Gully project. Drilling results incl. 8m @ 3.3g/t Au from 67m. Thundelarra is pleased to provide an update on the recent diamon | |
| 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 at the other prospects, including Transylvania and Battery, that form part of our exciting Garden Gully gold project near Meekatharra, a well-established and proven gold production centre in Western Australia’s Murchison Province. Evaluation of new data from drilling at Transylvania, Battery, South Crown and Granite Well continues to support the possible existence of a large mineralised system at depth beneath Garden Gully, acting as a single source for the mineralisation at these prospects and at Lydia and Crown Prince. Next drilling programmes will work towards delivering maiden resources at both the Crown Prince and the Lydia prospects and at identifying new mineralised structures to contribute to the Garden Gully project’s inventory. Results from over 26,000m drilled in 141 holes (23,556m RC; 2,523m DD) since mid-2016 continue to support the potential for a major new gold discovery at Garden Gully, located in one of Western Australia’s most productive gold provinces. Collar locations and surface traces for each hole drilled at Garden Gully’s prospects in the latest programme (other than those already reported at Lydia and Crown Prince in ASX announcements dated 17 January 2018 and 08 February 2018) are given in Table 1 and Figures 3 and 4. These 20 RC holes and 1 DD tail tested targets at the Transylvania, Battery, South Crown and Granite Well prospects (Table 1, Figures 3 and 4). Three of the RC holes had to be abandoned before reaching the target zones due to difficult ground conditions. | |
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