Look at the potential of Red Bore "...situated 500 metres south-east of Sandfire’s DeGrussa deposit, and approximately 200 metres from the Conductor 5 ore body".
This from the company website;
"The Red Bore prospect area has been the main focus of Thundelarra’s drilling to date, which has returned up to 17m at 11.7% copper & 1.73g/t gold from 29 metres in TBRC005. The mineralisation has a strong gold-copper-silver and Sn-Mo-Se-Co-As-Te association and has a striking visual and geochemical similarity to the nearby DeGrussa deposit".
This from the red bore project acquisition announcement;
"The Red Bore prospect was explored by WMC (1969-1971) and Great Australian Resources NL (1987) with significant mineralisation intersected in 5 of the 9 reported holes. These include
Hole RB3 – 7m at 7.25% copper and 1.09g/t gold from 20m to end of hole.
Hole PT1003 – 7.6m at 6.28% copper from 7.6m to end of hole
Hole PT1002 – 16.7m at 1.84% copper from surface"
http://www.thundelarra.com.au/documents/15%20April%202010%20Project%20Acquisition%20&%20Base%20Metals%20Demerger.pdf
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Ann: THUNDELARRA WINS RED BORE COURT CASE , page-5
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