Nickel gossan Source: Thor Mining
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Thor Mining (THR) launches a electromagnetic survey over the Krona prospect at its Ragged Range project in Western Australia
  • A high-powered, fixed loop electromagnetic ground geophysics survey has begun at the prospect, extending over the untested nickel gossan
  • The survey is designed to detect conductive anomalies at depth that may indicate the presence of nickel sulphide mineralisation
  • Meanwhile, the Thor team has begun ground mapping and sampling several lithium targets at potential lithium-caesium-tantalum pegmatites
  • Thor Mining remains steady at 1.4 cents per share as of 10:43 pm AEST

Thor Mining (THR) has begun a ground based electromagnetic survey over the Krona prospect at its Ragged Range project in the eastern Pilbara, Western Australia.

A high-powered, fixed loop electromagnetics ground geophysics survey has begun at the Krona prospect, extending over the untested nickel gossan, located in the western portion of the tenure.

The survey was designed to detect conductive anomalies at depth that may indicate the presence of nickel sulphide mineralisation.  

Thor said the nickel gossan is located at the basal conduct of the Dalton Suite ultramafic unit.

“Geological mapping and sampling indicate that the gossan extends over one kilometre, with geochemistry highlighting anomalous nickel and chromium,” Managing Director Nicole Galloway Warland said.

“The electromagnetic survey is expected to identify the most prospective areas of nickel sulphide mineralisation at depth to conduct initial drill testing and will take around one week to complete, with results to follow soon after.”

Meanwhile, the Thor team is on the ground mapping and sampling several lithium targets.

This includes potential lithium-caesium-tantalum pegmatites which have been identified within the prospective ten-kilometre radius of the Split Rock Supersuite at Thor’s Ragged Range Project.

Thor Mining remains steady at 1.4 cents per share as of 10:43 pm AEST.

THR by the numbers
More From The Market Herald
Flexiroam (ASX:FRX) - CEO, Marc Barnett

" Flexiroam (ASX:FRX) drives growth in FY22

Mobile data provider Flexiroam (ASX:FRX) has announced its financial results for the 12 months ending March…

" Kingsgate Consolidated (ASX:KCN) appoints CR3 to restart Chatree gold mine

Kingsgate Consolidated (ASX:KCN) has progressed activities for the restart of the Chatree gold mine in Thailand…
Green Technology Metals (ASX:GT1) - CEO, Luke Cox

" Green Technology Metals (ASX:GT1) receives final drilling results from Seymour

Green Technology Metals (ASX:GT1) has received the final assays from the phase one diamond drilling program…

" Arafura Resources (ASX:ARU) signs MoU with Hyundai

Arafura Resources (ASX:ARU) has signed a memorandum of understanding with South Korean automotive manufacturer Hyundai Motor…