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Tyranna Resources Ltd.

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Summary

Project:

Jumbuck

Deposit:Greenewood
Location:Australia
Commodities:Gold
Date:11/13/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:13-11-2017: Tyranna Resources Ltd. announces an Exploration/Drilling Update report for its Greenewood deposit at the Jumbuck project. JV - Drilling results incl. 10m @ 5.16g/t Au from 31m. Directors of Tyranna Resources Limited (ASX: TYX, or The Company),
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Nicholas Revell (Internal)
ABSTRACT:Directors of Tyranna Resources Limited (ASX: TYX, or The Company), as manager of the Western Gawler Craton Joint Venture which includes WPG Resources Ltd (ASX: WPG) (TYX 75% - WPG 25%) and Coombedown Resources Pty Ltd are pleased to announce final results from reverse circulation (RC) drill holes completed at the Greenwood Gold Prospect, located approximately 37km north of the Challenger Gold Mine and part of the larger Jumbuck Gold Project in the Northern Gawler Block of South Australia. Completion of drilling at Greenewood comprised of 39 holes for 2,340 metres and the confirmation of gold assays confirm the underlying RAB geochemistry as per Figure 2. Of note is the outstanding result from hole 031 which intersected 10m at 5.16g/t Au from 31 metres in the primary zone. This hole was drilled to intersect the same lithological structure as in hole 073 which intersected 8m at 3.35g/t Au from 55 metres in the primary zone. Hole 031 failed to achieve target depth and was truncated at 45 metres. This area at the northern extent of the mineralised envelope appears to be a secondary pipe like structure. Hole 032 has noted the unprecedented occurrence of mineralisation in the upper saprolite. To date in excess of 100 holes have been drilled in the Greenewood mineralised zone and no such occurrence of mineralisation has been intercepted at this depth (i.e. from 6 to 10 metres downhole depth)

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