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Pin to quick picksThor Energy Share News (THR)

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IN BRIEF: Thor Mining Sees Promising Results From Sediment Samples

Mon, 03rd Aug 2020 06:54

Thor Mining - London-based exploration and development company - 17 of the 32 stream sediment samples from the second phase of gold, nickel, and chromium geochemical sampling at Pilbara Goldfield, Western Australia, had visible gold panning. Two sites had visible gold in multiple follow up stream sediment samples. Chief Executive Director Mick Billing said: "To find visible gold in multiple sites in very close proximity to previous gold samples is very encouraging. Gossan with prior nickel in rock chips was mapped and sampled over 800 strike metres. We look forward eagerly to confirmatory gold assays along with assays of the potential nickel site samples." The full sample results will be available in two to three weeks after the laboratory results come back.

Current stock price: 0.48 pence

Year-to-date change: up 12%

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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