I fully expect the sp to take a kicking as the financial year ends and the MM's look to bag shares on the cheap.
I equally expect the sp to recover and IF Mike B can stop shopping for more stuff to punt, drinking coffee with mates and actually stick to a time line then come May/June we might, just might turn a massive corner.
PILBARA GOLDFIELDS RAGGED RANGE PROJECT SIGNIFICANT MAGNETIC TARGETS IDENTIFIED The directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR) are pleased to advise of the identification of a number of significant magnetic targets following the interpretation, of the Airborne magnetics survey flown in October 2020, at the 100% owned Ragged Range Project in Western Australia. Key highlights • Sterling Prospect, identified as the principle initial target, is approximately five kilometres long & between 300 and 500 metres in width; • Anomalous stream sediment gold assays (up to 2.2g/t Au) clearly related to the structural contact of the Euro Basalt and younger Dalton Suite, at the Sterling Prospect. Gold present in streams confirms that gold mineralisation occurs very close to surface. (ASX/AIM: THR 1 December 2020); • Three isolated, strong magnetic anomalies highlighted on Figure 3, have no simple geological explanation in the magnetics. These are priority targets for follow-up; • The Ragged Range area is structurally complex with many phases of folding and shortening of the prospective Euro Basalt. This leads to the creation of space, significantly increasing the potential to host gold mineralisation.