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Thor Mining PLC - Australia-focused exploration and development company - Completes three programmes of reconnaissance mapping over the Ragged Range project in Western Australia. Notes this included rock chip and stream sediment sampling. Says the rock chip sampling over the 13 kilometre-long Sterling prospect returned up to 6 grams per tonne of gold in rock chip. Finds anomalous gold of up to 1.46 grams per tonne and copper of 4.8% at the Kelly prospect. Plans to continue sampling geological mapping and sampling.
"Sampling is to continue with an airborne magnetics survey over the Kelly's copper-gold prospect and the north-eastern portion of the tenure scheduled for late July, to assist with lithological and structural interpretations," Managing Director Nicole Galloway Warland says.
Current stock price: 0.54 pence, up 14% in London on Monday
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By Abby Amoakuh; abbyamoakuh@alliancenews.com
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