THOR Mining (ASX:THR) has announced pleasing results at its wholly-owned Pilbara Goldfield tenement, with gold, nickel and chromium assays from preliminary geochemistry reconnaissance.
After strong results from the initial gold panning, laboratory results have subsequently given support to gold potential as well as nickel and chrome at the location.
Three samples assayed over 0.3g/t gold, with one at 0.9g/t gold.
Visible gold was present in thirteen out of forty-four samples from sediment trap sites.
Nickle and chromium anomalies were also observed at up to 1272ppm Ni and 2074ppm Cr.
The program comprised stream sediment trap site sampling comprising coarse and fine fraction sediment.
Executive chairman Mick Billings said he was encouraged by the results of the initial reconnaissance which led to plenty of follow-up targets of the gold, nickel and chrome results.
“The elevated nickel and chrome samples either side of the ultramafic ridge on the western side of the licence area is particularly intriguing,” he said.
The statement comes two weeks after the announcement of positive laboratory results from Thor’s recent Bonya RC drill program.
These confirmed the interim portable XRF results from November 2019 which are expected to add appreciably to the economic life and commercial outcomes of the proposed Molyhil project.
Further testing is planned at both sites.
