Thundelarra is pleased to direct shareholders to the announcement released today by Panoramic Resources Ltd (ASXAN) entitled “Savannah North – potential strike extent could be 2km”.
In brief, Panoramic’s recent geophysical exploration using DHEM fixed surface loop surveys has substantially increased the potential western extent of the new Savannah North nickel sulphide mineralisation.
Based on the new EM data, the total strike extent of the Savannah North mineralised horizon is approximately 2 kilometres.
This interpretation projects the mineralised horizon to the west, across the boundary of ML80/180 (owned 100% By Panoramic) and onto E80/4834, a joint venture tenement between PAN 80% and THX 20%.
Thundelarra holds a 20% free carried interest in E80/4834 “Keller Creek”.
Thundelarra congratulates Panoramic on the success of their exploration at Savannah North and looks forward to further exploration successes in the future
THX Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held
AN) entitled “Savannah North – potential strike extent could be 2km”.
