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Thor Mining commences airborne magnetics survey at Ragged Range

Thor Mining has a diverse portfolio of assets in various jurisdictions

Thor Mining PLC -

Thor Mining PLC (LON:THR)(ASX:THR) has begun a close spaced airborne magnetics survey over the Ragged Range project and adjacent application area in the Pilbara Goldfield tenements in Western Australia.

 The survey is anticipated to take approximately six days, with Thor anticipating processed and modelled data for release early November.

"Drilling for gold mineralisation at Ragged Range is a key near term objective for Thor, and identified as a priority in the recent capital raising," said Thor’s executive chairman Mick Billing.

"This airborne magnetic survey, along with the next sampling program, also to be conducted during October, is an important part of the process towards selection of targets for drill testing."

In August 2019, Greatland Gold PLC (LON:GGP) completed an airborne magnetic survey that covered a small part on the western side of Ragged Range.

Thor acquired the raw data from Greatland Gold and interpretation is currently underway.

Quick facts: Thor Mining PLC

Price: 0.97 GBX

Market: AIM
Market Cap: £14.7 m

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on 2/9/20

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