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- Thor Mining (THR) identifies a conductive anomaly at its Ragged Range project in Western Australia’s East Pilbara region
- The company identified the shallow anomaly through an electromagnetic survey at the Krona prospect — the first ground geophysics survey to be undertaken at Ragged Range
- Thor says the conductor provides a “clear drill target” that will be tested as part of an upcoming reverse circulation (RC) drilling program at the adjacent Sterling prospect
- The company also plans to undertake an airborne survey over the eastern portion of the Ragged Range project in the near future
- Thor Mining shares are trading 10 per cent lower at 0.9 cents at 11:09 am AEST
Thor Mining (THR) has identified a conductive anomaly at its Ragged Range project in Western Australia’s East Pilbara region.
The company recently completed an electromagnetic (EM) geophysical survey at the Krona prospect which marked the first ground geophysics survey at Ragged Range.
Thor said it focussed on the nickel gossan, which covered a one-kilometre by 100-metre area, to detect conductive anomalies at depth that could potentially indicate the presence of massive nickel-copper sulphide mineralisation.
The newly identified conductor was found at the southern end of the gossan and modelled as a shallow, flat-lying feature roughly 100 metres deep and consistent with sulphides.
Thor Mining said the conductor provided a “clear drill target” that would be tested as part of an upcoming reverse circulation (RC) drilling program at the adjacent Sterling prospect.
Managing Director Nicole Galloway Warland said she was encouraged that the initial survey identified a shallow EM conductor.
“We look forward to drill testing this anomaly as part of our RC drilling program, scheduled to commence at Sterling Prospect next week,” Ms Galloway Warland said.
In addition to RC drilling, the company plans to undertake an airborne survey over the eastern portion of the Ragged Range project in the near future.
Thor Mining shares were trading 10 per cent lower at 0.9 cents at 11:09 am AEST.
