Thor Mining (LON:THR) has kicked off drilling at its Dundas project in Western Australia, targeting zones of evaluated gold in calcrete identified in an earlier survey.
The AIM-listed company will drill 50 holes to determine if elevated gold values at the ground surface represent mineralisation in the underlying bedrock.
The drilling programme is expected to take 10 days with assay results released within four weeks.
It marks the second exploratory phase of the Dundas project and Thor hopes to intersect elevated indicator elements such as arsenic, copper or gold measured in parts per billion.
The project is located in the prospective Albany-Fraser belt, which includes a number of gold discoveries.
"The Albany-Fraser belt in Western Australia hosts a number of gold deposits, including the more than 8 million ounce Tropicana deposit north of Dundas, which was discovered after drilling weakly elevated gold anomalism,” said chairman Mick Billing.
“The alluvial cover at Dundas can be 30 metres thick, thereby masking or diluting any potential surface anomalism. By drilling into the top of bedrock, we hope to intersect stronger values of gold and other indicator minerals which would significantly elevate this project."
Thor Mining holds a 60% interest in the project with an option to take over full control of the equity.