Kunderong – Ashburton Province

The Kunderong project is located 110 kilometres south east of Paraburdoo and comprises 5 tenements.  Two contiguous tenements, E52/1909 and E52/1940 covering an area of 580 square kilometres are wholly owned by Thundelarra.  The other three tenements, E52/1890, E52/1891 and E52/1892 are held in joint venture with Cullen Resources Limited (Thundelarra earning 70% by the expenditure of $1,500,000).  The total project area of 1,180 square kilometres contains the highly prospective unconformable contact between the Middle Proterozoic Bresnahan Group rocks and the Lower Proterozoic Wyloo Group.  This unconformity and associated areas of faulting are prospective for uranium mineralisation, similar in style to that of the Ranger and Jabiluka deposits in the Alligator Rivers region of the Northern Territory. 

The project is also prospective for calcrete and sandstone hosted mineralisation associated with major palaeo-drainage channel systems within the area.

The final data from the TEMPEST digital time domain electromagnetic airborne survey conducted in 2007 was recently received and interpreted by Thundelarra.  The survey has very clearly defined;

                 the conductive and prospective east-west trending shale and sediment sequence in the centre of the survey area.  Much of the prospective sequence is under transported sand cover and never drill tested by previous explorers.

                 a north south trending palaeo-drainage channel that has in places associated radiometric anomalism defined by a 2007 airborne survey.  This channel is largely obscured by transported sand cover and presents as an important target for Thundelarra’s initial exploration program on the project.

Native title negotiations have advanced during the quarter and a final agreement is expected to be signed in August allowing the grant of the tenements and the commencement of ground exploration activities during the September quarter.