Business
Drilling Results, Kelly's Prospect
Drilling Results, Kelly's Prospect.
About this update from Thor Energy Plc
[{"type":"text","content":"\n \n \n 15 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 Kelly's Prospect\n \n \n Drilling Results\n and a Correction to a Prior Result\n \n \n Ragged Range, WA\n \n \n \n \n \n The directors of Thor Mining Plc (\"Thor\") (AIM, ASX: THR, OTCQB: THORF) are pleased to provide drilling results from the Kelly's Prospect, Ragged Range, located in the Eastern Pilbara, Western Australia.\n \n \n Project highlights:\n \n \n §\n Drilling has returned anomalous gold and copper values associated with felsic and dacitic porphyry intrusions into the Euro Basalt at the Kelly's Prospect, Ragged Range.\n \n \n §\n Best intercepts to date:\n \n \n ·\n 8m @ 1.31% Cu and 0.1g/t Au from 4m (22RRRC056), including\n \n \n 3m @ 2.9% Cu and 0.17g/t Au\n \n \n ·\n 1m @ 0.91 g/t Au from 40m (22RRRC049)\n \n \n ·\n 4m @ 0.1g/t Au, 0.3% Cu, 0.9% Pb, 0.2% Zn from 133m (22RRRC058)\n \n \n §\n QAQC Error:\n On 12 December 2022, the Bureau Veritas Kalgoorlie laboratory reported to Thor that the 12.2g/t Au sample from drillhole 22RRC052 as announced to the market (ASX/RNS: THR 4 November 2022) was an erroneous result based on the laboratory making a sample swap with an internal standard. The assay has subsequently reported <0.01g/t Au.\n \n \n \n \n \n \n \n Photo 1\n \n \n : RC Chips from 22DDRC056 at Kelly\n \n \n '\n \n \n s Ridge Prospect, Ragged Range\n \n \n \n \n \n \nNicole Galloway Warland, Managing Director of Thor Mining, commented:\n \n \n \n \n \"Disappointingly, due to a testing error at the Bureau Veritas laboratory, the high-grade gold result announced in November was erroneous. Thor is undertaking an investigation into the laboratory error to ensure that the highest standard of procedure and reporting is provided going forward.\n \n \n \n \n \"These latest drill results are encouraging; however, further work is required to fully explain why the high-grade gold and cop...