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IN BRIEF: Thor Mining falls on delayed drill at Ragged Range project

25th Jan 2022 10:47

Thor Mining PLC - Australia-based metal exploration and developer with projects in US and Australia - Due to mechanical issues, only 50% of the planned maiden reverse circulation drilling programme has been completed at its 100% owned Ragged Range project in Western Australia. No significant gold was intercepted thus far in the drilling programme, Thor says. It plans to complete the planned drilling programme whilst undertaking further geophysics, mapping and geochemical sampling over additional gold, nickel and lithium targets in the project area.

Current stock price: 0.45 pence, down 25%

12-month change: down 51%

By Heather Rydings; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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