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).



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.



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