Just keeps looking great.
Opening lines of announcement as follows;
ASX/Media Announcement
9 February 2015
Thundelarra Limited | ABN: 74 950 465 654 | Level 1, 186 Hampden Rd, Nedlands WA 6009 | PO Box 7363, Cloisters Square, WA, 6850
www.thundelarra.com.au | [email protected] | Tel: +61 8 9389 6927 | Fax: +61 8 9389 5593
Highlights:
Significant Cu-Au-Ag mineralisation extends to depth at Gossan Prospect
Mineralisation is still open at depth below 94m vertical from surface
21m at 5.3% Cu, 1.2 gpt Au, 7.0 gpt Ag from 50m in hole TRBC077
68m at 1.9% Cu, 1.0 gpt Au, 3.8 gpt Ag from 26m in hole TRBC080, including: 7m at 5.0% Cu, 0.5 gpt Au, 10.8 gpt Ag from 87m.
5m at 10.4% Cu, 0.50 gpt Au, 11.0 gpt Ag from 59m in hole TRBC081
High gold and silver values, including: gold 14.2, 11.4, 9.8, 7.8 gpt; silver 46.2, 23.3, 18.7, 17.6 gpt. All assays from all samples reported in Appendix 1
More magnetite and secondary copper mineralisation in hole TRBC087 at Impaler Prospect underpins conceptual model of further “pipes”
Thundelarra is pleased to announce the continuation of mineralisation at Red Bore.
The main area of exploration successes to date, around the Red Bore Gossan, will, for clarity, now simply be called “Gossan” prospect. The newly discovered area of secondary copper mineralisation associated with magnetite 900m west of Gossan will be called “Impaler” prospect.
Assay results from the December 2014 drilling program show the primary copper mineralisation at Gossan extends to at least 94m vertical depth and remains open. At this stage of our systematic and carefully planned exploration strategy at Red Bore, we consider these to be excellent results. We continue to track the “pipes” deeper and it is clear that they twist and turn, as anticipated. This reaffirms the need to maintain close-spaced drilling in order to minimise the risk of losing them.
The geological evidence remains consistent with the model of a deeper-seated source of the primary copper-gold-silver mineralisation. Each successful deeper drill program adds to this pool of evidence and improves our understanding and confidence in our interpretation.
The copper-gold-silver mineralisation and magnetite now encountered in two holes at Impaler is significant and lends further weight to possible recurrences of the Gossan style of mineralised magmatic vents / “pipes” at Impaler. The evidence to date suggest we are close to another “pipe”.
A low level airborne magnetic and radiometric survey was flown over the Red Bore (and Curara Well) tenements in January 2015. Its aim was to achieve a finer and more consistent definition of the magnetic image over the area and thus to assist in defining targets for follow-up drill-testing.
New work programs will now be prepared and submitted to the DMP WA for approval, with the aim of recommencing active exploration when the new field season commences.
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