OAU 0.00% 0.5¢ ora gold limited

Ann: East Kimberley Nickel Assets Sale Settles , page-2

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    re: Ann: East Kimberley Nickel Assets Sale Se... News item as posted.

    Was the hole always going to 748m+.
    I thought it was 600- 700m
    Another 7 days should make it about 800-850m

    I wonder if something caught their eye.

    Nice to see the extra $800k to carry on with further drilling at RedBore.

    Regards
    Dabru
    -----------------
    News item as posted;


    Thundelarra is pleased to advise that it has received the A$800,000 cash settlement agreed for the
    sale of its remaining interests in the Copernicus and East Kimberley Joint Ventures.
    The money places Thundelarra in a healthy position to follow up the very successful results of the
    recent diamond drilling program at Red Bore.
    The deep hole TRBDD07 is currently at 748m and it estimated that, barring unforeseen delays or
    mechanical breakdowns, the hole will complete within the next 7 days at which time it is planned to
    carry out a down-hole electromagnetic (DHEM) survey to test for off-hole conductors.
    To date the hole has achieved its main objective which was to provide a clear geological picture of
    the rocks and structures present in the northwest corner of the tenement and to provide a clean,
    deep drillhole for the DHEM survey.
    For Further Information Contact: THUNDELARRA LIMITED
    Mr Tony Lofthouse - Chief Executive Officer Issued Shares: 276.5M
    +61 8 9389 6927 ASX Code: THX
 
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