Maiden Drilling Program - Dundas
THOR MINING PLC
MAIDEN GOLD DRILLING PROGRAM - DUNDAS (Western Australia)
Dated: 9 March 2011
The Directors of Thor Mining PLC ("Thor" or the "Company") (AIM, ASX: THR, THRO), the exploration company focussed on gold and base metal projects and advancing tungsten-molybdenum projects in the Northern Territory of Australia are pleased to advise the commencement of the maiden drilling program at the Dundas Gold Project in Western Australia.
The 65 hole RAB drilling program has been designed to test a 6km² anomaly identified from the 2010 surface calcrete sampling in EL 63/872
The drilling program is designed to test the upper levels of bedrock for gold mineralisation, estimated at between 30 and 50 metres deep, and is expected to last for approximately 10 days. Assays from samples collected are expected late in March or early April.
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, in an area where the trend of the Albany-Fraser belt is displaced south eastwards by about 50km. The Albany-Fraser belt hosts a number of recent gold discoveries including the +5 million ounce Tropicana gold deposit, and other discoveries including Hercules, Beachcomber, Socrates, Corvette, and Corona.
Enquiries:
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Mick Billing
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+61 (8) 7324 1935
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Thor Mining PLC
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Executive Chairman
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Allan Burchard
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+61 (8) 7324 1935
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Thor Mining PLC
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CFO/Company Secretary
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John Simpson
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+44 (0)20 7776 6550
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Daniel Stewart & Co. plc
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Nominated Adviser
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Nick Emerson/
Renato Rufus
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+44 (0) 1483 413500
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Simple Investments
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Broker
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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