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Tyranna Resources Ltd.
Summary
| Project: | Jumbuck | |
|---|---|---|
| Deposit: | Typhoon | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/26/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-4-2017: Tyranna Resources Ltd. announces an Exploration/Drilling Update report for its Typhoon deposit at the Jumbuck project. Drilling results incl. 1m @ 50.7g/t Au from 46m. The Directors of Tyranna Resources Limited (ASX: TYX, or The Company), as ma | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Nicholas Revell (Internal) | |
| ABSTRACT: | The 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 72% - WPG 28%) are pleased to announce the first batch of assay results from reverse circulation (RC) drill holes completed at the Typhoon Gold Prospect, which is 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 of Tyranna Resources, Bruno Seneque commented, “ We have been ‘champing at the bit’ to revisit the historical drilling at Typhoon and Monsoon as those early results by Challenger drilling crews give strong indication that these prospects are highly mineralised targets. Our team is very excited to now be following up that early work with targeted drilling and a plan to model the geology and mineralisation so we can work out what we potentially have on our hands at Typhoon and Monsoon. These are the first holes of the current drilling program to be drilled by Tyranna in the southern portion of the Jumbuck gold project. Drilling began on 14th March and has now completed 13 holes at Typhoon for 1,114m and 4 holes at Monsoon for 222m. Successful historical drilling on the Typhoon prospect had been conducted by previous explorers who were highly encouraged by early results before the program was halted and focus was directed to drilling out the Challenger Gold Mine. | |
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