Thundelarra hears from Priscilla

THE DRILL SERGEANT: Thundelarra Exploration has received the final results from a 30 hole, 3,578 metre RC drilling program carried out on the company’s Priscilla gold prospect in the Northern Territory.

Thundelarra completed the drilling in December, which was designed as a preliminary assessment of selected targets at the Priscilla gold prospect, situated in the central part of the Pine Creek goldfield, some 160 kilometres south of Darwin.

 

Priscilla gold project. Source: Company announcement

 

The results have returned additional gold mineralisation intersections including:

–    4 metres at 4.6 grams per tonne gold; and

–    4m at 1.6 g/t gold.

–    12 out of the 30 holes drilled returned greater than 0.5 g/t gold with a peak intercept 118 g/t.

Thundelarra said the drilling program had defined two north east trending gold mineralised zones within the tenement area.

The first of these new zones is the western zone, which the company described to be a, “southern extension of the Princess Louise stratigraphy”.

The best intercept returned from the western zone was 4m at 4.6 g/t gold.

“This sequence extends for over two kilometres within the Priscilla tenements, remains largely untested by drilling and will be further assessed during 2012,” Thundelarra said in its ASSX announcement.

The second new zone, the eastern zone occurs on or adjacent to a north east trending anticlinal hinge zone the company said appears to be plunging 20-30 degrees in a northerly direction.

Previous drilling on the eastern zone intersected mineralisation of 4m at 118 g/t gold.

“This prospective contact is untested down plunge to the north and will be the focus of Thundelarra’s exploration this field season,” the company said.