Thor Mining’s gold assets energise the share price

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  • Thor Mining delighted with grades from new drilling at Alford East
  • Thor Mining nearing completion of maiden drilling at Alford East
Thor's Molyhil deposit shows promise

Quick facts: Thor Mining PLC

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Thor Mining is an exploration and development company with an advanced tungsten/molybdenum project poised for development, and exciting copper and gold projects, both advanced and early stage, with potential to generate significant investor value.

25 Aug 2021

(, , , ) said initial assays from its Alford East ISR project in South Australia indicate intercepts of copper and gold substantially above the cut-off grade used for the mineral resource estimate.

“Assays from the first two drill holes highlight grade uplift along the north-south trending controlling structure, validating the new geological model and structural controls on mineralisation,” said the statement.

Nicole Galloway Warland, Thor’s managing director, added: ” The new geological model and drill targeting is paying off.

“The uplift in copper and especially gold grade, adjacent to what appears to be a controlling structure is very exciting and beyond the directors’ expectations, suggesting potential for an extended zone of higher-grade copper and gold along this structure.

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11 Aug 2021

(, , , ) () raised GBP800,000 in a private placement to fund exploration activities on its projects, particularly the Ragged Range gold and nickel prospects in the Pilbara, Western Australia.

It placed about 123.1mln shares at a price of 0.65 pence each, a discount of 11% to the closing share price of 0.73 pence on August 10.

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02 Aug 2021

(, , , ) has hired Paul Wittwer as its new exploration manager with his initial focus pointed toward the Ragged Range gold project in the Pilbara region of Western Australia.

“On behalf of the board, I would like to welcome Paul to the Thor team,” said managing director Nicole Galloway Warland. “His background and experience adds considerable depth to our exploration team.

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29 Jul 2021

(, , , )’s Nicole Galloway Warland tells Proactive the maiden diamond drilling programme at its Alford East copper-gold project remains on track and on budget, with initial assay results anticipated to come in over the next few weeks. Meanwhile at the Ragged Range gold project a follow up infill soil programme and regional stream sediment sampling are expected to start this month.

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Thor Mining nearing completion of maiden drilling at Alford East

Thor Mining PLC (AIM:THR, FRA:T5MC, OTCQB:THORF, ASX:THR)’s Nicole Galloway Warland tells Proactive the maiden diamond drilling programme at its Alford East copper-gold project remains on track and on budget, with initial assay results anticipated to come in over the next few weeks. Meanwhile at…

3 weeks, 6 days ago

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