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IN BRIEF: Thor Mining begins drilling at Kelly's prospect in Australia

ALN

Thor Mining PLC - Australia-focused exploration and development company - Begins drilling at Kelly's prospect in the Ragged Range project in Eastern Pilbara. Drilling targets the sheared contact of Euro Basalts and Boobina Porphyry that forms a silicified ridge extending over 1 kilometre. Drilling follows up on rock chip samples returning up to 16 grams per tonne of gold and 55 grams per tonne of silver.

Managing Director Nicole Galloway Warland said: ‘We are very pleased to report that a 2,000-metre drilling program is now underway at the Kelly's prospect at Ragged Range. Historically, exploration activities across the area have only focused on copper, despite encouraging gold indications, such as a 1.5 metre at 22.97 grams per tonne of gold intercept drilled in 1969.’

Current stock price: 0.50 pence

12-month change: down 45%

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