Tyranna Resources stuffs more gold results into Jumbuck tuckerbag

THE DRILL SERGEANT: Tyranna Resources (ASX: TYX) released details of a fourth batch of gold assays, resulting from 23 holes from recent reverse circulation drilling carried out on the Golf Bore prospect – part of the company’s Jumbuck gold project in the North Western Gawler Craton, South Australia.

The latest results have returned intercepts of:

1 metre at 13.7 grams per tonne gold from 59m;

3m at 5.77g/t gold from 38m;

4m at 4.21g/t gold from 57m;

4m at 3.76g/t gold from 56m;

1m at 9.16g/t gold from 59m;

2m at 6g/t gold from 26m; and

3m at 3.19g/t gold from 65m.

The Jumbuck gold project comprises over 8,000 square kilometres of contiguous tenements surrounding the one million ounce Challenger gold mine.

The Golf Bore prospect is one of seven advanced prospects at Jumbuck, all of which are located within 50 kilometres from the Challenger minesite.

Tyranna explained the Golf Bore drilling program is being carried out to delineate a low cost, mineable, near surface, gold orebody.

The company claims the drilling has proven an extensive mineable supergene zone that is delivering good gold grades and wide zones of gold mineralisation.

The continuous shallow supergene zone has an average thickness of 5m to 15m over 800m with an average width of 120m.

On the back of the results achieved to date at Golf Bore, Tyranna has started to scope the economic viability of a mining proposition at the prospect, with wire-framing and first stage metallurgical testing underway.

“Another objective of the Golf Bore drilling program was to explore Challenger ‘look-a-like’ targets,” Tyranna Resources said in its ASX announcement.

“We are pleased to report that drilling to date has indicated likely primary ‘feeder zones’ that represent Challenger ‘look-a-like’ targets to be tested by the next round of drilling.”

Email: info@tyrannaresources.com

Website: www.tyrannaresources.com