Thundelarra Drills Further Promise at Transylvania

THE DRILL SERGEANT: Thundelarra (ASX: THX) updated the market on recent diamond and reverse circulation drilling carried out at prospects, including Transylvania and Battery, that form part of the company’s Garden Gully gold project near Meekatharra in Western Australia’s Murchison Province.

Thundelarra completed 20 reverse circulation (RC) holes and one diamond hole to test targets at four Garden Gully prospects.

New intersections encountered at Transylvania (downhole widths) returned:

TGGRC123
3 metres at 8.3 grams per tonne gold from 68m, within 8m at 3.3g/t gold from 67m.

New intersections at Battery (downhole widths) returned:

TGGRC137
4m at 2.6g/t gold from 52m, within 6m at 1.9g/t gold from 52m.

The results follow previously announced intersections at Transylvania of:

TGGRC044
2m at 4.4g/t gold from 108m, within 7m at 1.3g/t gold from 107m; and

TGGRC022
2m at 6.1g/t gold from 106m, within 6m at 2.8g/t gold from 103m.

And previously announced intersections at Battery of:

TGGRC053
4m at 3.3g/t gold from 164m, within 8m at 2g/t gold from 164m.

“Evaluation of new data from drilling at Transylvania, Battery, South Crown and Granite Well continues to support the possible existence of a large mineralised system at depth beneath Garden Gully, acting as a single source for the mineralisation at these prospects and at Lydia and Crown Prince,” Thundelarra said in its ASX announcement.

“Next drilling programs will work towards delivering maiden resources at both the Crown Prince and the Lydia prospects and at identifying new mineralised structures to contribute to the Garden Gully project’s inventory.

“Results from over 26,000 metres drilled in 141 holes (23,556m RC; 2,523m DD) since mid-2016 continue to support the potential for a major new gold discovery at Garden Gully, located in one of Western Australia’s most productive gold provinces.”

 

Email: info@thundelarra.com.au

Website: www.thundelarra.com.au