Thor Mining: Receives “outstanding” results from Pilbara Goldfields

  • Thor Mining (THR) has received outstanding gold assay results from follow-up sampling at its Pilbara Goldfield tenements in WA
  • Samples have come from tenements E46/1262 and E46/1190 and will named Ragged Range
  • Assays from a recent sampling program have extended the 2019 test sites and defined a three kilometre by one kilometre zone of highly anomalous gold
  • Total sampling has defined an overall broad target zone spanning 13 kilometres by one kilometre
  • Thor will now undertake mapping, soil sampling, and an aeromagnetic survey to outline future drill targets
  • Company shares are currently up a steady 10 per cent and are trading for 1.1 cents each
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Mastercard Launches BIN Sponsorship Programme for UK Fintechs

New initiative aims to support fintech innovation in the UK market.Highlights: Mastercard unveils BIN sponsorship programme for UK...

UAE Central Bank Trials Palm Payments, Amazon Abandons Technology

UAE's innovative palm payment trials contrast with Amazon's decision to discontinue similar tech.Highlights: UAE Central Bank begins trials...

Checkout.com Acquires Euro Stablecoin Issuer Blue for Expansion

The acquisition strengthens Checkout.com’s capabilities in the stablecoin market.Highlights: Checkout.com has acquired Blue, a euro stablecoin issuer.The acquisition...

Ex-Revolut Staffers Secure $6M for Self-Custodial Money App

Former team members aim to reshape financial independence with new app.Highlights: Ex-Revolut staffers raise $6M in funding.New app...