So what does that potentially mean? A 12k long open cut to 150m...

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16/12/17

09:11

Post #: 29675786
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Originally posted by westaussie ↑

Rick,

THX has more blue sky than just associated with Crown Prince, Crown and Battery areas.

Shareholders should refresh there knowledge of the whole area which extends down the string of old gold mines running south from Battery.

One that has shown early great readings is Transyvalia, shareholders should keep in mind that these targets start at depth down where the old timers did not think they were.

One quick report on a previous drill program done by THX is as follows, other reports reveal that something is lurking below at depth.

"
TGGRC022-024 were drilled at the Transylvania prospect, 120m east of the Booty prospect. Two holes intersected semi-oxidised gold mineralisation within narrow quartz veins hosted by metabasaltic rocks. TGGRC022 intersected 6m at 2.85 gpt Au from 103m downhole, including 2m at 6.13 gpt Au. TGGRC024 intersected an extensive zone of anomalous gold values: 36m at 0.68 gpt Au from 49m to 85m downhole, including 8m at 1.73 gpt Au from 69m and 4m at 1.23 gpt Au from 81m. The sulphidic mineralisation consisted of pyrite and minor arsenopyrite and although the zone is not presenting with a geophysical signature, it is open at depth and along strike. TGGRC023 tested a strong chargeable anomaly between Transylvania and Booty. Disseminated pyrite within a mafic sequence with a massive sulphidic zone between 131m and 134m downhole explains the chargeable anomaly, but no anomalous metal values were returned. The extensive “smoke” at and around Transylvania and Booty will be targeted in the deeper follow- up RC drill programme. "...end

Transyvalia is about 12 kms south of Lydia, it has been reported that these system run between Lydia and Transylvania.

The golden miles.

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So what does that potentially mean? A 12k long open cut to 150m deep or ??
Soz about the dumb question, however I have no idea

THX Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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