viewTyranna Resources Ltd

Tyranna Resources to narrow-in on potential Dragon targets after completing surface soil sampling

A total of 495 geochemical samples were collected from the Dragon tenement during April-May 2021 by Xplore Resources on behalf of Tyranna.

Tyranna Resources Ltd -
The soil sampling program targeted three main areas - the Southern Dyke zone, the Sinclair shear and the Western Shear zone

Tyranna Resources Ltd’s (ASX:TYX) (FRA:IRN) soil sampling and reconnaissance results for the Dragon Project in Western Australia’s Wheatbelt region have been received across three main areas – the Southern Dyke Zone, the Sinclair Shear and the Western Shear Zone - ticking off another step in advancing the tenement.

A total of 495 samples were collected in Tyranna’s aim to test for nickel, copper and cobalt, chromium and gold during April-May 2021.

The geochemical sampling was designed to target two main styles of mineralisation including nickel-copper-sulphides associated with mafic and ultramafic intrusive rocks and shear hosted gold and Platinum group elements.

Narrowing-in on targets

TYX non-executive director Joseph Graziano said the company’s exploration strategy was to narrow-in on suitable targets at the Dragon Project.

“The soil sampling program undertaken has assisted in this strategy and the company will now consider the advantages of an MLEM survey to further define the potential drilling targets.”

The West-Perth based company will now investigate the potential to utilise a surface moving loop electromagnetic (MLEM) survey to define potential deeper drilling targets, which has been a successful strategy followed by St George Mining Ltd (ASX:SGQ) (FRA:S0G).

Geochemical sample locations.


Xplore Resources on behalf of Tyranna carried out the geochemical sampling which saw 33 rock chip samples collected from the Dragon tenement, 436 soil samples from the Southern Dyke and interpreted southern extension of the Sinclair Shear, 26 biogeochemical samples to test interpreted north-south structures, as well as eight mine spoils and two float samples.

The areas sampled are:

  • The Widgiemooltha dykes – the 'Southern Dyke Zone';
  • The interpreted southern extension of the N-S Sinclair that hosts the Sinclair nickel project; and
  • Two north-south shears transect the western part of the Dragon tenement (E27/1034) and potentially host gold and PGE mineralisation.

Challenging cover issues were experienced, similar to what was experienced at the St George Mining Fish Hook prospect back in November 2019, while the Southern Dyke Zone had the least challenging conditions and returned the highest results.

These include:

  • Nickel – 22.02 ppm;
  • Copper – 53.78 ppm;
  • Cobalt – 17.31 ppm;
  • Chromium – 167.5 ppm;
  • Platinum – 3 ppb;
  • Palladium – 18 ppb; and
  • Gold – 4.9 ppb.

Quick facts: Tyranna Resources Ltd


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Market Cap: $8.98 m

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