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Thor Mining (ASX:THR) begins drill testing Ragged Range prospects, WA

ASX News, Materials
ASX:THR      MCAP $3.12M
10 October 2022 11:55 (AEST)

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Thor Mining (THR) has kicked off drilling at its Ragged Range project in Eastern Pilbara, Western Australia.

The 2000-metre reverse circulation drilling program will cover the Kelly’s prospect to follow up silver and gold rock chip samples and historical drilling.

While historical work focused on copper, Thor completed rock chip sampling on Kelly’s Ridge earlier this year that returned up to 15.5 grams per tonne (g/t) gold and 535 g/t silver, as well as anomalous gold-silver-arsenic-bismuth and minor copper and lead.

Thor Managing Director Nicole Galloway Warland said as well as following up the sampling work, it is hoped this program will provide a better understanding of the structural controls of the prospect.

This round of work is anticipated to take around two weeks to complete and once collected, the samples will be sent to a laboratory in Adelaide for analysis.

In the United States, Ms Warland said the company’s maiden 2000-metre drilling program across the Wedding Bell and Radium Mountain projects was progressing well.

THR shares were trading grey at 0.9 cents at 11:53 am AEDT.

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