Thor Mining
Sunshine Gold
Thor Mining has fingers in an assortment of investment pies being listed on the London AIM Market, the Australian Securities Exchange, and the OTCQB Market in the United States. Thor is advancing a diversified portfolio of precious, base, energy and strategic metal projects across USA and Australia, in particular its copper, gold, uranium and vanadium projects, while seeking investment/JV opportunities to develop its tungsten assets. Thor owns 100 per cent of the Ragged Range project, comprising exploration licences with early-stage gold and nickel results in the Pilbara region of Western Australia. At Alford East in South Australia, Thor is earning an 80 per cent interest in copper deposits, for which an Inferred Mineral Resource Estimate of 177,000 tonnes contained copper and 71,000 ounces of gold was announced in January 2021. Thor also holds a 30 per cent interest in Australian copper development company EnviroCopper Limited, which holds rights to earn a 75 per cent interest in a portion of the historic Kapunda copper mine and the Alford West copper project, both situated in SA. Still on domestic turf, Thor holds 100 per cent of the advanced Molyhil tungsten project in the Northern Territory that was awarded Major Project Status by the NT government in July 2020. Adjacent to Molyhil, at Bonya, Thor holds a 40 per cent interest in deposits of tungsten, copper, and vanadium. In the United States, Thor holds 100 per cent interest in two private companies with mineral claims in Colorado and Utah with historical high-grade uranium and vanadium drilling and production results. Thor holds 100 per cent of the Pilot Mountain tungsten project in Nevada with a JORC 2012 Indicated and Inferred Resources Estimate on two of four known deposits.
Sunshine Gold has been revving up activity on the company’s Triumph gold project in Queensland. The company recently released results from initial drilling from the Big Hans and Super Hans prospects at the Triumph project, involving a maiden RC drill campaign that delineated high-grade targets for follow up Resource drilling. High-grade extensions to Big Hans extended mineralisation over 240m of strike that is open in all directions. » 21BNRC006 4 metres at 11.53 grams per tonne gold from 69m; and » 21BNRC007 2m at 9.56g/t gold from 63m. At Super Hans mineralisation was intercepted in step off drilling with the deposit now delineated over 200m of strike to depths of 80m from surface. » 21SHRC009 3m at 3.15g/t gold from 69m; and » 21SHRC007 2m at 2.66g/t gold from 71m. “Sunshine Gold has now extended the Big Hans high-grade core of mineralisation over 200 metres of strike, to depths of 150 metres and significantly the system remains open in all directions. Likewise, Super Hans remains open to the West and at depth,” Sunshine Gold managing director Damien Keys said. “The latest drilling has intersected the mineralised structure in broad spaced holes. “This successful step-off drilling campaign provides a great platform to aggressively pursue maiden Resource opportunities in follow up drilling planned in the September 2021 quarter. “This Resource drilling will focus on high-grade centres at Big Hans, Super Hans and New Constitution have been delineated and will form the focus of upcoming resource drilling.” Sunshine Gold recently acquired the Ravenswood West gold-copper-REE project in Western Australia via acquisition of Ukalunda Pty Ltd, a subsidiary of Stavely Minerals. “We also look forward to commencing our first field programs at Ravenswood West,” Keys said.
(ASX: THR)
EMAIL corporate@thormining.com WEB www.thormining.com DIRECTORS Michael Billing, Mark Potter, Mark McGeough
(ASX: SHN)
EMAIL info@shngold.com.au WEB www.shngold.com.au DIRECTORS Alec Pismiris, Damien Keys, Anthony Torresan, Paul Chapman, Les Davis
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