OAU 0.00% 0.5¢ ora gold limited

Hmmm somethings up?, page-29

  1. 13,820 Posts.
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    I have found more historical info about the Tepes (well named) area leinad.

    Here goes! It might be long but it will be worth it I think.

    18/7/16:
    “North West Gossan Prospect”. Renamed “Tepes”

    26/5/11: "At least one deep hole will also be drilled at the North West Gossan prospect which lies to the south of the Sandfire Resources Conductor 5 deposit."

    29/7/11

    teoes.JPG

    A second hole, TRBCD059 is underway at the Northwest Gossan prospect. This hole is planned to a 600 metres downhole depth and is sited to test for extensions to the Sandfire Conductor 5 deposit (1.1Mt at 6.6% copper and 3.0g/t gold) which is located approximately 400 metres north west of the planned hole termination. To date TRBCD059 has intersected mafic volcanics of the Narracoota Formation, including mafic volcaniclastic rock, as shown in the photograph below.

    tepes pic.JPG

    Interesting to note that IP1 and IP2 (see pic above) with DHEM yielded no EM anomalies.

    TRBCD059 might be wrongly labelled as that shows as being east of Red Bore. See this Table from 31/10/11 ann. 54 is the correct number.

    THX table.JPG


    31/10/11

    North-West Gossan Prospect
    In the north western portion of the Red Bore tenement gossan crops out. This is interpreted to represent weathered exhalite and barren sulphide mineralisation associated with VMS activity. It is not known if this is part of the DeGrussa system, which is located nearby to the north, or a separate mineralising system. It presents as a high order exploration target. As previously reported last quarter drillhole TRBCD054 was completed to 569m depth to test for extensions to the Sandfire Conductor 5 deposit (1.1Mt at 6.6% copper and 3.0g/t gold) which is located approximately 400 metres to the north west. The drillhole intersected a thick package of Narracoota Volcanics, dominated by dolerite and mafic volcanics. Fine grained sulphide, including chalcopyrite, has been observed in core but is not of economic concentration. Slumped mafic sediments identified in core indicate a prospective fault hosted VMS vent may be nearby. During the quarter Hole TRBCD054 was cased with PVC to allow DHEM surveying, but during probing, a shallow blockage in this casing prevented any reading being taken. Attempts to replace the PVC and drill out the blockage have failed and a new hole will be required in order for DHEM to take place. The North West Gossan prospect remains a high priority target for further deep drilling and DHEM.

    31/1/12

    rb 2012.JPG

    Then we have the 2014 Q report that kmickel produced and then the july 14 ann that I quoted.

    It seems that the company has now thought it desirable to test this area again, and it's clear that it is not virginal territory and it's also clear that TRBCD054 did not yield anything commercial but the area still remained of interest. That was in the days of Brett Lambert.

    30/4/12

    During the March Quarter, Managing Director Brett Lambert tendered his resignation to take up the position of Managing Director at newly-formed Bullabulling Gold Ltd.
    Thundelarra appointed Tony Lofthouse to the position of Chief Executive Officer commencing 2nd April 2012. With 5 years as a field geologist, followed by 29 years in financial services as an investment banker to the resources sector and a resources equity analyst, Mr Lofthouse has extensive experience that is immediately relevant to Thundelarra’s exploration activities.
 
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