Thundelarra Limited (ASX: THX) – $0.039

13 Sep 2016

Thundelarra Limited (ASX: THX) has intersected gold mineralisation from scout drilling at the Lydia prospect within the 100% owned Garden Gully Gold Project located in Western Australia (Figure 1).

 

thx-garden-gully-au

Figure 1. Location of the Garden Gully Gold Project (Source: company)

 

 

Drilling intersected primary gold mineralisation below the weathering profile. Highlights include:

 

  • 7.0 metres at 24.5g/t gold from 11.0 metres
  • 6.0 metres at 2.8g/t gold from 49.0 metres including 2.0 metres at 8.0g/t gold from 49.0 metres
  • 37.0 metres at 1.8g/t gold from 71.0 metres including 12.0 metres at 4.0g/t gold from 96.0 metres

 

 

Follow up reverse circulation deep drilling will be required to test the gold mineralisation at the Lydia prospect.

 

 

For further information, visit thundelarra.com.au

 

 

Resources Stocks to Watch (RSTW) is the leader in research on over 600 ASX listed micro to small-cap mining stocks and commodities. We are independent and do not accept commissions. We tell it like it is. Our reports are researched by experienced geologists and resources analysts, the experts in the field.

 

 

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