- At the Kelly’s NE Prospect, rock chip sampling has identified high-grade gold (up to 7.2g/t Au) and copper (13.6% Cu) along north-south trending structures, similar to the Kelly’s Ridge area.
- Highest-grade rock chips include:
7.2g/t Au, 11.4% Cu, 102g/t Ag (R00148)
2.6 g/t Au, 13.6 % Cu, 123g/t Ag (R00147)
4.1g/t Au, 0.63 % Cu, 19.2g/t Ag (R00145)
1.0g/t Au, 4.65% Cu, 67.8 g/t Ag (R00146)
- Geological mapping and geochemical sampling will continue over the project area, as the Company validates its structural and mineralising geological models.
- Remaining Reverse Circulation “RC” drilling results pending, including two holes that targeted this rock chip area.
Managing Director Nicole Galloway Warland’s interview about the recent high-grade gold results from drilling at the Kelly’s Prospect on the Finance News Network.
RAGGED RANGE PROJECT
The Ragged Range Project covers 92 square kilometres of exploration licences at one of the best addresses for mining exploration in Australia.
Aproximately 40 kms west of Nullagine, in the Pilbara region of Western Australia, the Ragged Range Project area lies on the eastern boundary of the Greatland Gold Panorama project and predominantly comprises of Eastern Pilbara greenstone which is highly prospective for both gold and nickel.
Drilling returns high-grade gold from the silicified altered contact along Kelly’s Ridge.
The directors of Thor Mining are pleased to announce a successful capital raise of A$2.65m to fund exploration activities at the Company’s project interests, with particular emphasis on the uranium exploration licences in Colorado and Utah in the United States.
Thor Mining (ASX:THR) Non-Executive Director, Mark McGeough, discusses the company’s uranium exploration in the USA at the Broker Briefing and PAC Partners Uranium Forum.