Sample Results (4844B)
February 21 2011 - 2:00AM
UK Regulatory
TIDMTHR
RNS Number : 4844B
Thor Mining PLC
21 February 2011
THOR MINING PLC
SAMPLING RESULTS - DUNDAS (WA) & DAICOS (NT)
Dated: 21 February 2011
The Directors of Thor Mining PLC ("Thor" or the "Company") (AIM,
ASX: THR) the exploration company focussed on gold and base metal
projects and advancing tungsten-molybdenum projects in the Northern
Territory of Australia, advise that assays from further
reconnaissance surface sampling at the Dundas gold project in
Western Australia have identified additional anomalies for follow
up and potentially drill testing.
The third (northernmost) panel of infill calcrete sampling (EL
1102) showed less continuous anomalous responses than the two
panels in EL 872.
The next phase of activities at Dundas will include calcrete
sampling on the south western licence EL 63/1101, follow up
sampling of anomalies identified from this most recent program on
EL 63/1102, and RAB drilling (now scheduled for the week commencing
28(th) February) to test the previously identified southern anomaly
on EL/63 872.
About the Dundas Project
The Thor Dundas Project is situated in Western Australia within
the Albany-Fraser Province. The project tenements lie on the
general strike-extension of the most prolific gold-bearing belt of
the Yilgarn Province - the 700km Wiluna-Kalgoorlie-Norseman
greenstone belt (Figure 3), in an area where the trend of the
Albany-Fraser belt is displaced south eastwards by about 50km
(Figure 3). The Albany-Fraser belt hosts a number of recent gold
discoveries including the +5 million ounce Tropicana gold deposit,
and other discoveries including Beachcomber, Socrates, Corvette,
and Corona.
Daicos Prospect (NT)
Assays from a small rock sampling program at the Daicos prospect
near Harts Range in the Northern Territory confirmed the existence
of anomalous values but revealed no economically significant
mineralisation.
Competent Persons Statement
The information in this report that relates to exploration
results is based on information compiled by Trevor Ireland, who is
a Fellow of The Australasian Institute of Mining and Metallurgy. Mr
Ireland is a Non-executive Director of Thor Mining PLC and provides
professional services on a contractual basis. He has sufficient
experience which is relevant to the style of mineralisation and
type of deposit under consideration and to the activity which he is
undertaking to qualify as a Competent Person as defined in the 2004
Edition of the 'Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves'. Trevor Ireland
consents to the inclusion in the report of the matters based on his
information in the form and context in which it appears.
Enquiries:
Mick Billing +61 (8) 7324 1935 Thor Mining PLC Executive Chairman
=============== =================== =================== ===================
Allan Burchard +61 (8) 7324 1935 Thor Mining PLC CFO/Company
Secretary
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John Simpson +44 (0)20 7776 Daniel Stewart & Nominated Adviser
6550 Co. plc
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Nick Emerson/ +44 (0) 1483 Simple Investments Broker
Renato Rufus 413500
=============== =================== =================== ===================
Updates on the Company's activities are regularly posted on
Thor's website www.thormining.com, which includes a facility to
register to receive these updates by email.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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