good coverage by "the ferrett"

THX prospects certainly being noticed....JR

URANIUM EXPLORER LOOKING GOOD ON COPPER PROSPECTS

Sydney - Friday - March 25: (RWE Aust Business News)
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OVERVIEW
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THUNDELARRA EXPLORATION LTD (ASX:THX) is an emerging Northern
Territory uranium and base metals explorer.
It has major land holdings in three key uranium provinces.
The company has had exceptional drill results with up to 20.3pc
U3O8.
It also has two JORC-compliant uranium resources and an extensive
mineralised paleochannel system.
The company has significant land holdings in the Doolgunna region
reporting intersections of up to 17m at 11.7pc copper & 1.73 g/t gold,
encouraging investors with the copper results rather than the uranium
potential in the current climate created by Japan's nuclear reactor
disaster.
Thundelarra Exploration has extensive exploration interests in
the east Kimberley, and has a 40 per cent interest in the Copernicus
nickel mine.
The company is well funded and active in the field with about
$17 million cash as at the end of the December quarter.
Major drilling programs are underway with resource expansion and
advanced target follow-up drilling.
It has Australia's premier uranium province and almost 60 years
of uranium mining history and experience and has the potential to
establish several satellite resources to supply a central plant.

SHARE PRICE MOVEMENTS
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Shares of Thundelarra Exploration yesterday closed steady at 49c.
Rolling high for the year is $1.035 and low 35c. Earnings per share is
8.73c while the price/earnings ratio is 5.61. The company has 153.4
million shares on issue with a market cap of $75.1 million. It has
6.8 million listed options (Mar 2013, 20c) and 25.9 million unquoted
options. Cash on hand is $17 million.
Thundelarra believes the east Kimberley base metals tenements
are highly prospective for nickel, copper, zinc and PGEs.

BACKGROUND
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Thundelarra Exploration is an established Australian resources
company primarily focused on uranium exploration and development in the
Northern Territory.
The company holds dominant tenement positions in the Pine Creek
and the Ngalia Basin uranium provinces with a total area in excess of
6,000 sq kms.
Thundelarra has achieved significant exploration success on its
Northern Territory properties, particularly in the Pine Creek region
where several new uranium occurrences have been identified, including the
Thunderball prospect where drilling has delivered a number of very
high-grade uranium intercepts.
The company has a number of assets in addition to its Northern
Territory interests, including three highly prospective uranium projects
in Western Australia and one in Queensland.
It has advanced base metals prospects in the east Kimberley where
the its joint venture partner, Panoramic Resources Ltd, is spending $3
million dollars to earn a 61 per cent interest.
Thundelarra also has a 40 per cent interest in the fully
developed Copernicus nickel mine, along with a number of wholly owned
base metals prospects in Western Australia.
The company's board and management have extensive experience in
exploration, project development, mining operations and public company
administration.
It has substantial cash reserves and is maintaining a high level
of activity at its core projects.
ENDS rx