Thor Mining PLC (LON:THR)(ASX: THR) has completed the third phase of gold geochemistry reconnaissance at the 100% owned Pilbara Goldfield tenements in Western Australia.
The program was designed to follow up on previously reported success from stream sediment samples collected across the tenements, which defined a highly anomalous 13 kilometre long gold target zone, with gold values up to 256 parts per billion gold.
The geochemical samples are currently in transit to the Perth laboratory, with assay results anticipated mid-November.
"We will continue to aggressively work towards drill target selection at Ragged Range, and this sampling program, along with the airborne magnetic survey just completed, is aimed at achieving that objective,” said Thor’s executive chairman Mick Billing.
"We look forward to providing progress updates on Ragged Range, and other projects in the Thor portfolio, as information becomes available."