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Tyranna Resources Ltd.

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Summary

Project:

Jumbuck

Deposit:Typhoon
Location:Australia
Commodities:Gold
Date:10/18/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:18-10-2017: Tyranna Resources Ltd. announces an Exploration/Drilling Update report for its Typhoon deposit at the Jumbuck project. Drilling results incl. 11m @ 2.72g/t Au from 35m. Directors of Tyranna Resources Limited (ASX: TYX, or The Company), as mana
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%) are pleased to announce the Stage 2 assay results from reverse circulation (RC) drill holes completed at the Typhoon Gold Prospect, located approximately 39km south of the Challenger Gold Mine and part of the larger Jumbuck Gold Project in the Northern Gawler Block of South Australia. Managing Director Bruno Seneque highlights these results as, “Very pleasing in the grades reported at shallow depths and especially encouraging is the reporting of higher grade found at the deeper levels of the drill holes such as #004 in this program. While the ground conditions below these levels was poor, diamond drilling will ensure clearer indications of the mineralisation below. We see a lot of potential in the Typhoon prospect and are looking forward to revealing that.” The Stage 2 drilling at Typhoon was planned to follow up on a successful Stage 1 drill program which resulted in multiple drill holes intersecting shallow high-grade gold intercepts including 1m at 50.7g/t at the deeper extent of the hole. This Stage 2 set of results completes the drilling program in the southern portion of the Jumbuck gold project and has now completed 25 holes at Typhoon for 2,274m.

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