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Thor Mining encouraged by new samples at Ragged Rock

Published: 02:32 25 Jul 2022 EDT

Thor Mining PLC -

Thor Mining PLC (AIM:THR, OTC:THORF, ASX:THR) said rock sampling at the Ragged Range project, in Eastern Pilbara, Western Australia returned more high-grade indications of gold and copper.

Rock chip sampling over the 13km-long Sterling Prospect returned grades of up to 6 grammes a tonne (g/t) gold in rock chip while at Kelly's Prospect, anomalous gold (up to 1.46g/t) and copper (4.8% Cu) were identified along the northwest trending ridge at the contact of Euro Basalt and Boobina porphyry.

Nicole Galloway Warland, Thor Mining’s managing director, said:  "These latest highly encouraging sampling results, including high-grade copper and gold, from three consecutive programs at Ragged Range continue to build on and develop our geological understanding, with particular emphasis on structural controls on mineralisation at both the Sterling gold prospect and Kelly's copper-gold prospect.

"Sampling is to continue with an airborne magnetics survey over Kelly's copper-gold prospect and the north-eastern portion of the tenure scheduled for late July, to assist with lithological and structural interpretations."

Assays from drilling are now with the lab while a heritage survey with the Nyamal Native Title group at Kelly's prospect has now been completed in preparation for drill testing.

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