Thor Mining Plc have provided an exploration update on rock chip sampling at the Kelly's NE prospect at the company's 100% owned Ragged Range project, located in Eastern Pilbara, Western Australia.
Highlights:
- At the Kelly's NE prospect, rock chip sampling has identified high-grade gold (up to 7.2 g/t) and copper (13.6%) along north-south trending structures, similar to the Kelly's Ridge area.
- Highest-grade rock chips include:
- 7.2 g/t Au, 11.4% Cu, 102 g/t Ag (R00148).
- 2.6 g/t Au, 13.6 % Cu, 123 g/t Ag (R00147).
- 4.1 g/t Au, 0.63 % Cu, 19.2 g/t Ag (R00145).
- 1.0 g/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.
Nicole Galloway Warland, Managing Director of Thor Mining, commented:
"The Kelly's NE area was defined in recent airborne magnetics and a compilation of previous exploration work. Despite significant soil anomalies being defined in the area, no drilling has been undertaken at the prospect. Rock chip sampling has now confirmed high-grade copper with significant gold and silver. I am looking forward to further exciting results being returned at this prospect."