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    Results have been received from a scanning electron microscope
    (SEM) study of drill chip samples from RC hole PCRC020 at the
    Thunderball Uranium Prospect. This hole returned a high grade
    intercept of 3 metres at 2,964 ppm U3O8 including 1 metre at 8,071
    ppm U3O8 (ASX 21 January 2009). The SEM work identified the
    uranium minerals uraninite (UO2) and lermontivite (uraniumphosphate).
    The uraninite is present as fine, disseminated crystals
    (1 to 10 microns in size) within the rock matrix.
    In June, diamond drill hole TPCDD006 intersected the Thunderball
    shear zone approximately 20 metres along strike to the north and 15
    metres down dip from PCRC020 (ASX 10 June 2009). The diamond
    core exhibited strongly anomalous radioactivity with visible uraninite
    mineralisation present, as shown in the photograph below.
    The SEM results together with the presence of visible uraninite in
    drill core indicate that uranium was deposited in the Thunderball
    shear zone through hydrothermal activity and is not the result of
    secondary enrichment. This confirms potential for uranium
    mineralisation to continue at depth and be extensively distributed
    throughout the host structure.
    An extensive RC and diamond drilling program intended to test the
    full 900 metres of prospective strike at Thunderball, initially to a
    vertical depth of 100 to 150 metres, is expected to commence within
    two to three weeks pending receipt of all statutory approvals.
    Segment of Drill Core from 98m Down Hole in TPCDD006
    The details contained in this report that pertain to ore and mineralisation are based upon
    information compiled by Mr Brian Richardson, a full-time employee of the Company. Mr
    Richardson is a Member of the Australasian Institute of Mining and Metallurgy (AUSIMM) and
    has sufficient experience which is relevant to the style of mineralisation and type of deposit
    under consideration and to the activity which he is undertaking to qualify as a Competent
    Person as defined in the December 2004 edition of the “Australasian Code for Reporting of
    Exploration Results, Mineral Resources and Ore Reserves” (JORC Code). Mr Richardson
    consents to the inclusion in this report of the matters based upon his information in the form
    and context in which it appears.
    ASX
    ANNOUNCEMENT
    19 June 2009
    Thundelarra Exploration Ltd
    ABN 74 950 465 654
    ACN 085 782 994
    For further information
    regarding Thundelarra
    Exploration Ltd contact:
    Brett Lambert
    Managing Director
    or
    Brian Richardson
    Executive Director
    Phone: + 61 8 9321 9680
    Fax: + 61 8 9321 9670
    Website:
    www.thundelarra.com
    Email:
    [email protected]
    Registered Office:
 
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