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Copper and Gold confirmed at Kelly's NE Prospect
Copper and Gold confirmed at Kelly's NE Prospect.
About this update from Thor Energy Plc
[{"type":"text","content":"\n \n \n 07 December 2022\n \n \n \n \n \n \n This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended (\"MAR\"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.\n \n \n \n \n Thor Mining PLC\n \n \n \n \n \n (\"Thor\" or the \"Company\")\n \n \n \n \n \n Ragged Range Project, WA\n \n \n High-grade Copper and Gold confirmed at Kelly's NE Prospect\n \n \n \n \n \n The directors of Thor Mining Plc (\"Thor\") (AIM, ASX: THR, OTCQB: THORF) are pleased to provide an exploration update on rock chip sampling at the Kelly's NE Prospect at the Company's 100% owned Ragged Range Project, located in Eastern Pilbara, Western Australia.\n \n \n \n \n \n Project highlights:\n \n \n §\n At the Kelly's NE Prospect, rock chip sampling has identified high-grade gold (up to\n 7.2g/t\n ) and copper (\n 13.6%\n ) along north-south trending structures, similar to the Kelly's Ridge area (Figure 1). \n \n \n §\n Highest-grade rock chips include:\n \n \n §\n 7.2g/t Au, 11.4% Cu, 102g/t Ag (R00148)\n \n \n §\n 2.6 g/t Au, 13.6 % Cu, 123g/t Ag (R00147)\n \n \n §\n 4.1g/t Au, 0.63 % Cu, 19.2g/t Ag (R00145)\n \n \n §\n 1.0g/t Au, 4.65% Cu, 67.8 g/t Ag (R00146)\n \n \n §\n Geological mapping and geochemical sampling will continue over the project area as the Company validates its structural and mineralising geological models.\n \n \n §\n Remaining Reverse Circulation \"RC\" drilling results pending, including two holes that targeted this rock chip area.\n \n \n \n \n \n \n Photo 1: Rock chip R00147: Malachite & azurite in quartz breccia -\n \n \n 2.6g/t Au, 13.6% Cu & 123g/t Ag\n \n \n \n \n \n \nNicole Galloway Warland, Managing Director of Thor Mining, commented:\n \n \n \n \n \"The Kelly's NE area was defined in recent airborne magnetics and a compilation of previous exploration work. Despite significant soil anomalies being defined in the area, no drilling has been undertaken at the prospect. Rock chip sampling has now confirmed high-grade copper with significant gold and silver. I am looking forward to further exciting results being returned at this prospec...