Tyranna Resources identifies Campfire Bore gold structure at depth

THE DRILL SERGEANT: Tyranna Resources (ASX: TYX) released assay results from a further 18 reverse circulation (RC) holes drilled at the Campfire Bore gold prospect, which is part of the Jumbuck gold project in the Northern Gawler Block of South Australia.

Tyranna Resources is manager of the Western Gawler Craton Joint Venture, which includes WPG Resources Ltd (ASX: WPG) and Coombedown Resources Pty Ltd.

The company said the latest drilling had combined with previous results at Campfire Bore to indicate the targeted structure is continuous along strike.

Holes 16CBRC034 to 16CBRC051 were drilled to test different possible orientations of gold bearing structures discovered by Tyranna earlier in 2016.

Tyranna explained that, historically, Campfire Bore has been the target of multiple generations of drilling, however the orientation of the ore zones has never been clearly understood.

It went on to say that these results appear to have identified the prevailing strike of one of these structures and it has opened up the possibility that many parallel structures exist.

Best Intersections include:

16CBRC038
14m at 2.67 grams per tonne gold from 74m;

16CBRC035
16m at 1.55g/t gold from 46m, including 1m at 11.5g/t gold;

16CBRC040
6m at 2g/t gold from 35m; and

16CBRC044
11m at 1.7g/t gold from 33m.

“With these results adding to previous drilling and geological modelling at Campfire Bore, we are uncovering a multi zone structure that is mineralised in all directions and along 800 metres strike that could extend further,” Tyranna Resources managing director Bruno Seneque said in the company’s announcement to the Australian Securities Exchange.

“Campfire Bore is developing as a potential gold project discovery and we are looking forward to further enhancing the scale with targeted drilling now that we have more understanding of the geological model.”

Email: info@tyrannaresources.com

Website: www.tyrannaresources.com