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Market: ASX
Sector: General Mining
Epic: THX
News: Latest news
Web Site: Thundelarra Exploration
Other Articles: 15-01-201005-11-200926-10-2009

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Monday February 08, 08:40Alliance Pharma gains 18 new prescription products in acquisition

The company is paying up to £17.8m for privately owned Cambridge Laboratories and expects the deal to be significantly earnings enhancing in the current full year.

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Monday February 08, 09:33Tethys Petroleum achieves flow rates of over 5,400 bopd at AKD01 discovery in Kazakhstan

Current mapping indicates that the AKD01 well is in a downdip location on the prospect Doris with approximately 56 metres of elevation updip of the well, potentially bringing the entire lower reservoir into the oil zone.

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Tuesday February 09, 01:53Chindex International reports increasing medical and healthcare revenues

Healthcare products and services group Chindex International (NASDAQ: CHDX) reported increasing revenues as it continued to expand its operations in the People’s Republic of China (PRC).

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Thundelarra Exploration

Thundelarra Exploration

Thundelarra Exploration Ltd (ASX: THX) is an established Australian resources company primarily focused on uranium exploration and development in the Northern Territory.

The Company holds dominant tenement positions in the Pine Creek and the Ngalia Basin uranium provinces with a total area in excess of 6,000 sq kms. Thundelarra has achieved significant exploration success on its Northern Territory properties, particularly in the Pine Creek region where several new uranium occurrences have been identified, including the Thunderball prospect where drilling has delivered a number of very high grade uranium intercepts.

Friday, June 19, 2009

Thundelarra Exploration encouraged by uranium samples at Thunderball

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Electrode microscope study of drill chip samples by Thundelarra Exploration (ASX: THX) from Reverse Circulation hole PCRC020 at the Thunderball Uranium Prospect identified the uranium minerals uraninite (UO2) and lermontivite (uraniumphosphate).

Investors may recall this hole returned a high grade intercept of 3 metres at 2,964 ppm U3O8 including 1 metre at 8,071 ppm U3O8 in January 2009.

The Thunderball prospect is located approximately 50 kilometres north-west of the township of Pine Creek is one of a number of exciting uranium prospects within the Pine Creek Joint venture project. This joint venture between Thundelarra and GBS Gold International Inc. covers approximately 2,500 square kilometres of the highly prospective Pine Creek Orogen.

The uraninite is present as fine, disseminated crystals (1 to 10 microns in size) within the rock matrix.

In June, diamond drill hole TPCDD006 intersected the Thunderball shear zone approximately 20 metres along strike to the north and 15 metres down dip from PCRC020 (ASX 10 June 2009). The diamond core exhibited strongly anomalous radioactivity with visible uraninite mineralisation present.

The SEM results together with the presence of visible uraninite in drill core indicate that uranium was deposited in the Thunderball shear zone through hydrothermal activity and is not the result of secondary enrichment. This confirms potential for uranium mineralisation to continue at depth and be extensively distributed throughout the host structure.

Thundelarra will conduct an extensive RC and diamond drilling program intended to test the full 900 metres of prospective strike at Thunderball, initially to a vertical depth of 100 to 150 metres, is expected to commence within two to three weeks pending receipt of all statutory approvals.

Thundelarra is a producer at the Copernicus Nickel Mine located in the East Kimberley region of Western Australia approximately 35 kilometres south of the Savannah Nickel Mine.  The project is a joint venture between Thundelarra (40%) and Panoramic Resources Ltd (60%). 

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