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General mining & base metals

Thor Mining says electromagnetic survey gets underway

The work is designed to detect the potential presence of nickel sulphide gossan-style mineralisation around the Krona Prospect using fixed loop electromagnetics

The opening of the border of Western Australia on March 3 paved the way for ground-based electromagnetic work to get underway on the Ragged Range Project, in the Eastern Pilbara area of the state, owned by Thor Mining PLC (AIM:THR, OTC:THORF, ASX:THR).

The survey is designed to detect the potential presence of nickel sulphide gossan-style mineralisation around the Krona Prospect using fixed loop electromagnetics.

"Thor is excited to see the geophysics crew begin work on the ground after nearly one year of waiting for this survey to commence as a result of WA border closure and high demand on geophysics crews,” said managing director Nicole Galloway Warland.

"Geological mapping and sampling indicate that the gossan extends over one kilometre, with geochemistry highlighting anomalous nickel and chromium.

“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.”

In the same announcement, investors were told a team will be ground-mapping and sampling several lithium targets, including one that is also prospective for caesium and tantalum.

Thor also said told final preparations were being made for the second phase of reverse circulation drilling of the Sterling Gold Prospect.

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