Tyranna Resources Commences Drilling at Typhoon Prospect

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THE DRILL SERGEANT: Tyranna Resources (ASX: TYX), as manager of the Western Gawler Craton Joint Venture, announced that the second half exploration campaign (RC drilling) has commenced at the Typhoon gold prospect, located 35 kilometres from the Challenger gold mine in South Australia.

Tyranna Resources is working on the Western Gawler Craton JV, with WPG Resources (ASX: WPG).

The drilling Typhoon aims to follow up a first phase drill program, which resulted in multiple drill holes intersecting shallow high-grade gold intercepts.

Assay results from the phase 1 program included:


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1 metre at 50.7 grams per tonne gold from 71m;

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13m at 3.88g/t gold from 47m, including 4m at 10.18g/t gold;

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5m at 2.55g/t gold from 70m, including 1m at 7.5g/t gold;

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14m at 1.24g/t gold from 32m; and

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3m at 2.95g/t gold from 45m.

Tyranna explained the 2,000 metres of RC drilling tobe carried out at Typhoon will focus on:

1. Strike extensions to the north-east with planned holes 21 to 33;

2. Strike extensions to the south-west with planned holes 34 to 42; and

3. Testing the parallel structure to the south with planned holes 43 and 44.

“The Typhoon gold prospect ranks as one of Tyranna’s most promising gold prospects due to the high gold grades encountered in its maiden drilling program in the first half of 2017,” Tyranna Resources said in its ASX announcement.

“These drilling results have confirmed the north-east/south-west structure by the underlying magnetic feature is strong vector for gold mineralisation.”

Email: info@tyrannaresources.com

Website: www.tyrannaresources.com