Thundelarra Ltd (ASX:THX) is expecting its first batch of assay results from its ongoing aggressive drill program at the Garden Gully Gold Project located in Western Australia.
Nine diamond holes for 1,244 metres and 30 reverse circulation holes for 7,150 metres have been drilled so far at multiple prospects across the project.
Notably, Thundelarra has intersected visible gold in two holes at the Crown Prince prospect making the pending assays highly anticipated by investors.
READ: Thundelarra drills second hole with visible gold at Crown Prince
The visible gold at Crown Prince demonstrates that primary gold mineralisation extends at least 130 metres below the level of the historical workings.
Since mid-2016, 20,871 metres of reverse circulation drilling and 2,032 metres diamond drilling has been completed at Garden Gully.
The aggressive drilling program remains in progress with both diamond and reverse circulation rigs operating.
Garden Gully is the company’s flagship project
The Garden Gully project is a proven source of high-grade gold with 21,000 ounces of gold produced historically at a grade of 21 g/t gold.
Significantly, historical gold was only sourced from maximum depths of 120 metres.
Of the 39 holes completed in the current program at Garden Gully, prospects targeted include Crown Prince, Crown, Lydia, Battery and Transylvania.
Other prospects within the project include Ascuns, Young, Granite Well and NW Granite Well.