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Tyranna Resources Ltd.
Summary
| Project: | Jumbuck | |
|---|---|---|
| Deposit: | Campfire Bore | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/17/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Scoping Study | |
| Report details: | 17-10-2018: Tyranna Resources Ltd. announces an Exploration/Drilling Update report for its Campfire Bore deposit at the Jumbuck project. Drilling results incl. 15.0m @ 3.02g/t Au from 36m. The Directors of Tyranna Resources Limited (“Tyranna”) (ASX: TYX), | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Nicholas Revell (Internal) | |
| ABSTRACT: | The Directors of Tyranna Resources Limited (“Tyranna”) (ASX: TYX), as manager of the Western Gawler Craton Joint Venture which includes WPG Resources Ltd (ASX: WPG) and Coombedown Resources Pty Ltd are pleased to announce assay results from 35 reverse circulation (RC) holes drilled at the Campfire Bore Gold Prospect, which is approximately 37 km north of the Challenger Gold Mine and part of the large Jumbuck Gold Project in the Northern Gawler Block of South Australia. The results from hole 18CBRC035 intersected mineralisation only 12m (down hole) from surface at Campfire Bore which indicates potential shallower mineralisation than previously found. Commenting on these results, MD Bruno Seneque said, “Finding good grades so close to surface was a welcome surprise and interfacing the supergene at these levels underscores our confidence in this project. This infill programme just completed is a major step forwards for Campfire Bore and will allow the Company to upgrade and increase the confidence of the current Resource. The closer spaced drilling will also allow the Tyranna team to shore up internal structural and mineralisation models which will have a positive impact for exploration, not only at Campfire Bore, but over the whole Jumbuck Project area.” Previous drilling in 2016 also intersected shallow high-grade supergene mineralisation. Significant drill results by Tyranna during the 2016 calendar year include (refer ASX announcement dated 10 November 2016) | |
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