Thor Mining announces new round of drilling at Ragged Range project

Project highlights:

• 2000 m reverse circulation (RC) drilling program has commenced at the Kelly’s Prospect, Ragged Range.
• Drilling is designed to follow up on rock chip samples returning up to 15.5 g/t Au and 535g/t Ag, and a historic drill intercept of 1.5 m @ 22.97g/t Au (DDHK2 drilled in 1969).
• Drilling is targeting the sheared contact of the Euro basalts and boobina porphyry that forms a silicified ridge extending over 1 km.
• The drilling program also includes one to three drill holes beneath high-grade historic copper workings – Copper Hill (produced 15 730 t of cupreous ore with a grade of 13% Cu, mined 1952 - 1963) and Kelly’s (produced 609 t of cupreous ore with a grade of 19% Cu, mined 1955 - 1970).

Nicole Galloway Warland, Managing Director of Thor Mining, commented:

“We are very pleased to report that a 2000 m drilling program is now underway at the Kelly’s Prospect at Ragged Range. Historically, exploration activities across the area have only focused on copper, despite encouraging gold indications, such as a 1.5 m @ 22.97g/t Au intercept drilled in 1969.

“This program intends to improve our understanding of the structural controls of the Prospect and follow up on our rock chip sampling, which took place earlier in 2022 and returned up to 15.5 g/t Au and 535g/t Ag. “Meanwhile, in the US, the maiden 2000 m drilling program at priority targets across the Wedding Bell and Radium Mountain projects is progressing well."

Read the article online at: https://www.globalminingreview.com/mining/10102022/thor-mining-announces-new-round-of-drilling-at-ragged-range-project/