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Good to see progress, I would have thought we would have been updated on the USA assets to as Nicola has just been out there.
Nicole Galloway Warland, Managing Director of Thor Mining, commented:
"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.
"These are robust geochemical targets associated with key structural features defined by Thor, associated with the regional thrust faulted mafic -ultramafic contact within the Kelly Greenstone Belt.
"We look forward to updating the market as results come through."
For the record, that's my purchase (not sale!) of 50,000 shares at 10:32 this morning...
GLA!!
Just needs to be REAL, thought I'd look up viable Nickel mining grades - "NICKEL: This valuable metal doesn’t usually occur in nature as a bulk tonnage target since most bulk tonnage mines contain 100 million tonnes of ore or more, and most hard rock nickel deposits are less than 10 million tonnes in size. Therefore, anything over 20 metres in thickness (significantly less thickness than other commodities) and 2% nickel grade or better would be reasonably considered high-grade. Example: In September 2007, Noront Resources released two nickel intercepts from shallow drilling between 80 metres and 150 metres deep, with a section of 71 metres grading 1.8% nickel and 1.5% copper. The stock moved from $0.80 to $4.00." https://www.mining.com/web/making-the-grade-understanding-exploration-results/
tiny trades are a magic ingredient of AIM these days if nothing else I guess it bumps up the trades.
bsg - well if you know better sell out not moan about their salaries.
Not focused at all on a couple of their 'best' chances. Whac-a-Mole approach. Keeps them in salaries.
Is that not how exploration works in Juniors?
I hate to say I am starting to agree with you bsg.
Great, THR are going to start drilling! That will make a change. More cash burn. May be a placing soon they're also good at those as well.
Yes looks like some interesting days ahead. Positive for me.
Good they have a target to investigate and the next 6 months should be interesting with their various projects.
Either that or Ragged Range is a moose pasture?
Yeah its been very quiet of late. Not sure exactly what the cash position stands at just now. Been a busy period no doubt usage wise. Shares even the greatest do slip on silence. So either way news is needed to determine which way sentiments go.
Placing ahoy!
as long as it doesn't feature the words "The Directors are disappointed ...." I will be happy(ish)!
No real news for a month with low volume low value trades, so yeah slip slide. But we do have 3 lots of news, supposedly, coming this month and I'm sure the word "exciting" will feature in it - somewhere!
nm
Mining shares not popular at the moment, all these ESG investing requirements.
It has become farcical.
Bid* still strong
Significant discovery would be a nice piece to be updated with! Plenty going on that could ignite things for sure. Not still strong at 63.8 for far larger than market average which it’s been for a couple of weeks so never too sad.
https://www.lse.co.uk/rns/THR/lithium-field-program-commences-ragged-range-wa-ny6skfbdceouuxq.html
Personally these are the results I am waiting for, hopefully these will give this SP a kick in the right direction.