Thundelarra Ltd (ASX:THX) has received new assay results continuing to support the possible existence of a large mineralised system at the Garden Gully gold project near Meekatharra in Western Australia.
Evaluation of new data from drilling at the Transylvania, Battery, South Crown and Granite Well prospects continues to support the possibility of a single source of mineralisation at these prospects and at Lydia and Crown Prince.
Further promise at Transylvania
Notably, a new significant intersection at Transylvania includes 3 metres at 8.3 g/t gold from 68 metres, within 8 metres at 3.3 g/t gold from 67 metres.
Transylvania is giving indications of possible repetitions of the mineralisation styles and structural settings identified at Crown Prince and at Lydia.
New significant intersections at Battery include 4 metres at 2.6 g/t gold from 52 metres, within 6 metres at 1.9 g/t gold from 52 metres.
Thundelarra began exploration at Garden Gully in mid-2016 and continues to explore the project aggressively. To date over 26,000 metres of drilling has been completed.
Earlier this month, the company received high-grade gold hits from drilling at the Crown Prince prospect within the Garden Gully Gold Project.
Gold mineralisation was intersected in 11 of the 18 holes drilled for 4,535 metres with the best result being 4 metres at 16.5 g/t gold from 166 metres.
The drilling program supports the potential that commercial mineralisation exists at Garden Gully.
Strong results of up to 9 metres at 4.8 g/t gold from 213 metres were also received from recent drilling at the Lydia prospect.
Aiming to define a maiden resource at Lydia and Crown Prince
The Garden Gully results to date continue to demonstrate that the project holds the potential for a significant new body of gold mineralisation in this proven gold province around Meekatharra.
Thundelarra’s next phases of work will focus on advancing the Lydia and Crown Prince prospects towards the definition of maiden resources.
The company will also continue to evaluate the untested parts of the extensive Garden Gully project area for further repetitions of the structures and mineralisation settings identified to date.
The evidence so far continues to point towards these individual prospects comprising elements of a much larger mineralising system at depth.