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Tyranna Resources expecting maiden gold resource this half at Weednanna

The exploration focus is now on gold potential nearby to the Weednanna discovery.
two puzzle pieces signalling joint venture
Notably, the exploration potential at Weednanna itself remains high

Tyranna Resources Ltd (ASX:TYX) and its joint venture partner Alliance Resources Ltd (ASX:AGS) are expecting a maiden gold resource this half at the Weednanna prospect.

Weednanna is a part of the Wilcherry Project in South Australia which Tyranna has a 28.9% share in with Alliance (71.1%).

READ: Tyranna Resources’ entire board buys company shares

The primary focus at Wilcherry has been to assess the potential of the high-grade Weednanna gold prospect for economic development.

Alliance is well advanced and plans to establish a maiden mineral resource estimate in the current June half.

A review has also commenced of the regional gold prospectivity to identify prospects with potential for gold mineralisation within five kilometres of Weednanna.

The nearby Mawson, Ultima Dam South and Weednanna North prospects all have historical records of over 1 g/t gold mineralisation.

Alliance plans to complete a review of exploration data so an aircore drilling campaign can be carried out at the highest ranked targets.

Any aircore gold anomalies will be followed up with reverse circulation drilling.

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