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Thor Mining completes third phase of geochemical work on Pilbara gold tenements

Thor Mining has a diverse portfolio of assets in various jurisdictions around the world

Thor Mining PLC -

Thor Mining PLC (LON:THR)(ASX: THR) has completed the third phase of gold geochemistry reconnaissance at the 100% owned Pilbara Goldfield tenements in Western Australia.

The program was designed to follow up on previously reported success from stream sediment samples collected across the tenements, which defined a highly anomalous 13 kilometre long gold target zone,  with gold values up to 256 parts per billion gold.

 The geochemical samples are currently in transit to the Perth laboratory, with assay results anticipated mid-November.

"We will continue to aggressively work towards drill target selection at Ragged Range, and this sampling program, along with the airborne magnetic survey just completed, is aimed at achieving that objective,” said Thor’s executive chairman Mick Billing.

"We look forward to providing progress updates on Ragged Range, and other projects in the Thor portfolio, as information becomes available."

Quick facts: Thor Mining PLC

Price: 1.01 GBX

AIM:THR
Market: AIM
Market Cap: £15.28 m
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Thor Mining's Mick Billing says gold assays at Ragged Range 'exceed...

Thor Mining's (LON:THR) Mick Billing talks through what he describes as 'cracking' gold assays from its 100% owned Pilbara Goldfield tenements. He says sampling results have now defined an overall broader target zone of 13 x 1 kilometres of highly anomalous gold and demonstrates the potential to...

on 2/9/20

2 min read