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RC Drilling Program Commences at Ragged Range
RC Drilling Program Commences at Ragged Range.
About this update from Thor Energy Plc
[{"type":"text","content":"\n \n \n 21 June 2022\n \n \n \n \n \n \n This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (\"MAR\"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR\n \n \n \n \n \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 3,000m RC Drilling Program Commences\n \n \n \n \n \n The directors of Thor Mining Plc (\"Thor\") (AIM, ASX: THR, OTCQB: THORF) are pleased to announce the commencement of a drilling program at the Company's 100% owned Ragged Range Project, located in Eastern Pilbara, Western Australia.\n \n \n \n \nProject highlights:\n \n \n §\n \n Approximately 3,000m reverse circulation (\"RC\") drilling program\n \n commences.\n \n \n §\n Drilling is designed to test both structural and geochemical targets along the Sterling Prospect 13km gold corridor, defined by robust soil and stream anomalies, following the first phase of drilling completed in December 2021.\n \n \n §\n Drilling is targeting interpreted dilational zones associated with faulting and folding along the regional thrust faulted contact between the mafic and ultramafic units (Figure 1). \n \n \n §\n Drilling program also includes 1-3 drillholes at the Krona Prospect to test electromagnetic (\"EM\") conductor recently identified beneath the nickel gossan (AIM:THR 17 June 2022).\n \n \n §\n Concurrent to the drilling program, regional geochemical sampling and mapping will continue over the Kelly's copper-gold area in the northeast of tenure (E46/1393).\n \n \n \n \n \n \n Photo Plate 1\n \n \n : Drilling rig tramming to site, Sterling prospect, Ragged Range may be viewed via the following link:\n \n \n \n \n \n http://www.thormining.com/sites/thormining/media/banners/photo-djc-rig.jpg\n \n \n \n \n \n \n \n \n \n \n Nicole Galloway Warland, Managing Director of Thor Mining, commented:\n \n \n \n \n \"It's exciting to be commencing our second phase of RC drilling at the Sterling Prospect, Ragged Range, including drill testing the recently identified EM conductor beneath the nickel gossan, at the Krona Prospect.\n \n \n \n \n \"These are r...