Thundelarra survey identifies new targets at Red Bore

THE DRILL SERGEANT: Thundelarra (ASX: THX) has received analysis and interpretation of data from a detailed ground magnetic (GMAG) survey carried out at the company’s 90 per cent-owned Red Bore project.

Thundelarra said the survey had refined the resolution of magnetic anomalies that had been previously defined as priority targets from an earlier aeromag survey that was carried out at the project.

The new survey also identified new targets.

“The results of the survey are spectacular in the level of detail that they have provided, delivering a significant improvement in the ability to recognise the discrete targets sought,” Thundelarra said in its ASX announcement.

“What was seen as a single anomaly on the aeromag is indicated by the GMAG to be in fact three discrete anomalies around the northern margin of the anomaly indicated by the aeromag survey.

“This is highly significant in its implications for more accurate and precise follow-up drill hole targeting of the Impaler anomaly, and also for the identification and testing of other magnetic anomalies on the Red Bore project.”

The Red Bore project consists of one granted Mining Licence (ML52/597) that is two square kilometres in area.

It is located less than one kilometre from Sandfire Resources’ (ASX: SFR) operating DeGrussa copper-gold mine in the Doolgunna region of Western Australia.

Email: info@thundelarra.com.au

Website: www.thundelarra.com.au