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Thor Mining says Alford East copper-gold project drilling programme starts

The project is located on licence EL6529, where Thor can earn up to an 80% interest from unlisted Australian explorer Spencer Metals

Thor Mining PLC -

Thor Mining PLC (LON:THR, ASX:THR) said a 2,000 metre diamond drilling programme started at the Alford East copper-gold project, in South Australia.

The programme will focus on depth extension and structural delineation of the northern portion of the Alford East copper-gold deposit.

“Thor is excited about commencing its maiden drilling programme at Alford East, where our geology teams' new geological model strongly indicates new weathering boundaries opening up copper oxide mineralisation potential at depth and along strike,” said managing director Nicole Galloway Warland.

“At a time when the copper price is at decade highs, Thor is fast tracking the exploration and development of the Alford East copper project. We look forward to updating the marketing with drilling results in the coming weeks,” she said.

Last month, the company announced it won a A$300,000 grant from the South Australian government to help develop the project.

READ: Thor Mining awarded state grant for Alford East development

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Price: 1 GBX

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