Maiden RC Drilling Programme Commences In WA
Thor Mining Plc (AIM, ASX: THR, OTCQB: THORF) has commenced a maiden drilling programme at the company’s 100% owned Ragged Range Project, located in Eastern Pilbara, Western Australia.
▪ 3,000m reverse circulation (RC) drilling programme underway
▪ First ever drilling in the Ragged Range Project area to test robust gold anomalies
▪ Up to 10 soil targets to be drill tested at the Sterling Prospect
▪ Targeting Archaean shear hosted gold adjacent to significant regional structures
▪ Thor Mining awarded A$160,000from the Western Australia Government under the Government EIS Co-funded grants programme, to drill test stream and soil gold anomalies at the Sterling Prospect.
“After a series of successful and systematic stream and soil programs it is exciting to be commencing our maiden RC drilling program at the Sterling Prospect, Ragged Range,” Managing Director, Nicole Galloway Warland, said.
“These are robust geochemical targets in the central portion of the Sterling Prospect, within the highly prospective 13km structurally controlled gold anomalous corridor, defined by Thor associated with the mafic -ultramafic contact within the Kelly Greenstone Belt.
“With the programme anticipated to take four to six weeks, drill results are expected from early November 2021.”
Since acquiring the Ragged Range project in late 2019, Thor have completed a series of systematic stream sediment programmes over the tenure and an airborne magnetic survey, defining a 13km structurally controlled gold corridor – Sterling Prospect. High-grade gold stream results, including up to 2.2g/t Auwere reported from sampling in 2019 and 2020.
As a follow up, two soil programs were completed over Sterling Central and Sterling South areas with BLEG soil values up to 348ppb and 153ppbAu (21RRS777 and 21RRS437 respectively), significantly above a background of approximately 5ppb Au.
To validate these high gold soil anomalies a <2mm sieved stream panned concentrate with visible gold, reported up to 74.1g/t Au(Samples 21RRST016) in a pan concentrate- approximately 100m down slope, in a small creek from soil sample 21RRS777.
These surface geochemistry surveys defined eight continuous anomalous gold zones each warranting drill testing, with some zones extending over 1km long at both the Sterling Central and Sterling South areas.
Soil anomalies remain open to the north and south, with follow up infill sampling planned to investigate these areas further (concurrent with drilling programme).
The gold anomalism generally strikes slightly oblique to the Euro Basalt and Dalton Suite contact suggesting that gold mineralisation is controlled by minor faults and structures, that splay off this major structure.
For further information please visit: https://www.thormining.com/