Thor Mining PLC High Grade Gold Assays From Spring Hill (7158T)
November 22 2013 - 3:40AM
UK Regulatory
TIDMTHR
RNS Number : 7158T
Thor Mining PLC
22 November 2013
22 November 2013
THOR MINING PLC
HIGH GRADE GOLD ASSAYS FROM SPRING HILL
New assay results, including one assay of more than 100
grams/tonne gold (Au), have been received from the 2013 Spring Hill
Reverse Circulation drill program at Thor Mining PLC's ("Thor")
(AIM, ASX: THR) Spring Hill gold project south of Darwin in
Australia's Northern Territory.
Highlights include:
SHRC253 10metres (m) at 14.1grams/tonne (g/t) gold from 93m,
inside a broader envelope of 21m at 7.2 g/t from 82m,
Including: 1m at 105.1 g/t from 99m
The hole terminated in mineralisation at 4.1 g/t Au.
Insufficient information exists, currently to assess true widths
of mineralisation, or how it may affect further planned work,
however the grades are clearly above those seen at Spring Hill in
recent times.
A more detailed announcement will be made once further
information has been received and an appropriate assessment
made.
Enquiries:
Mick Billing +61 (8) 7324 Thor Mining Executive
1935 PLC Chairman
Allan Burchard +61 (8) 7324 Thor Mining CFO/Company
1935 PLC Secretary
Colin Aaronson/ +44 (0) 207 Grant Thornton Nominated
David Hignell 383 5100 UK LLP Adviser
/ Jamie
Barklem
Nick Emerson/ +44 (0) 1483 SI Capital Broker
Andy Thacker 413500 Limited
Alex Walters +44 (0) 7771 Cadogan PR Financial
713608 PR
+44 (0) 207
839 9260
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.
Competent Persons Report
The information in this report that relates to exploration
results is based on information compiled by Richard Bradey, who
holds a BSc in applied geology and an MSc in natural resource
management and who is a Member of The Australasian Institute of
Mining and Metallurgy. Mr Bradey is an employee of Thor Mining PLC.
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'. Richard Bradey consents to the inclusion in the report
of the matters based on his information in the form and context in
which it appears.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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