PriceSensitive

Thor Mining (ASX:THR) completes drilling at Ragged Range

ASX News, Mining
ASX:THR      MCAP $3.12M
11 July 2022 14:02 (AEST)

Drilling at Ragged Range. Source: Thor.

Thor Mining (THR) has completed drilling at its Ragged Range Project in Eastern Pilbara, Western Australia.

The company completed 48 reverse circulation holes, for 3120 metres, over the last three weeks.

Drilling aimed to interpret the zones between the mafic and ultramafic units at the Sterling prospect. The drilling also included one drill hole at the Krona Prospect to test the electromagnetic conductor recently identified beneath the nickel gossan.

Samples from the drill holes have now been sent to a laboratory in South Australia with results expected next month.

“Thor has successfully completed its second phase of drilling at the Sterling prospect,
testing several exciting structural targets associated with complex faulting and folding
along the 13-kilometre gold corridor,” Managing Director Nicole Galloway Warland said.

“We now eagerly await assay results and look forward to updating the market as results
come through.”

On the market, THR shares were in the grey and trading at one cent at 2:01 pm AEST.

Related News