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Thor Mining announces preliminary Alford copper results

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Global Mining Review,

The directors of Thor Mining Plc have advised of positive preliminary internal copper results from early stages of diamond drilling at Alford East Copper-Gold Project, South Australia.

Project highlights

  • Two diamond holes completed at Alford East Copper-Gold Project: 21AED001 and 21AED002.
  • pXRF copper readings from an inhouse pXRF analyser, highlight wide downhole intercepts above the mineral resource estimate (MRE) grades. Intercepts include:
    • 106.5 m at 0.14% copper (Cu) (pXRF) from 8 m (21AED001), including 33 m at 0.40% Cu (pXRF) from 81.5 m (21AED001).
    • 55.5 m at 0.28% Cu (pXRF) from 28 m (21AED002).
  • Whilst preliminary and indicative only, drilling to date validates the current geological model and structural controls on mineralisation. Core is currently being cut ready for sample submission to laboratory for analytical analysis.
  • 21AED001 was drilled in the centre of AE-5 Domain of the MRE, confirming the MRE envelope and the interpreted top of fresh rock (TOFR) contact. This contact is critical for potential in situ recovery (ISR) of the copper and gold from the weathered oxide resource.
  • 21AED002 was drilled (20 m) to the north of AE-5 Domain outside of the MRE envelope, thus extending the limits of known mineralisation.
  • This 2000 m diamond drilling programme focuses only on the of the northern mineralised domains of the Alford East copper-gold deposit, targeting depth extension, higher copper-gold grades, and structural delineation.
Nicole Galloway Warland, Managing Director of Thor Mining, commented: Thor is excited by these preliminary pXRF results. The validation of the geological model and structural controls on mineralisation has a significant impact on subsequent drilling and the confidence level of any future MREs. The step out of 21AED002 and confirmation of a wide copper intercept, highlights the potential to increase the current MRE."

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Australian mining news Copper mining news Gold mining news