THR 6.67% 1.4¢ thor energy plc

thr's dundas - extremely close to sir's nova

  1. 506 Posts.
    THR's Dundas - Extremely close to SIR's NOVA


    To those who are interested in getting on-board THR...

    THR (THOR limited) is in an excellent poistion with their "Dundas" prospect currently preparing for a drilling program.

    For those who are not too familiar with THR's Dundas Project - Dundas lies within Dundas Natural Reserve (in WA) where access for exploration was severely restricted until 2006.
    The area has seen only minimal exploration & lies within 40-50km to the HIGH GRADE nickle and copper resource discovered by Sirius Resources (SIR) (July 2012 - SIR ran from 5c to 90c after the discovery).


    At current, the surrounding area around SIR's NOVA (Fraser Range) is HOTTING UP.

    MRG metals Ltd (MRG.AX) recently acquired tenement along the Tropicana geological extension (knwon as Fraser Range)
    in very CLOSE proximity to THR's Dundas Gold Prospect & SIR's MASSIVE Cu/Ni discovery.

    "The project lies in an area that has seen intense tectonic activity within the same province which hosts the Tropicana gold deposits. It has demonstrated gold potential, with gold anomalies already identified in the adjacent tenements owned by THOR Mining Ltd (THR). Located within the Proterozoic Albany - Fraser Range geological province, to the south of the Independance/Anglogold Tropicana Gold Disovery, this area is considered prospective for similar style of Au (GOLD) mineralisation. The recent discovery by Siruius Resource (SIR) of intrusive related nickel - copper mineralisation, provides further evidence that this new province is the NEW GEOLOGICAL FRONTIER WITH POTENTIAL TO HOST A VARIETY OF DEPOSITS."

    I have attached a map (below) of the surrounding area of Dundas & it's nearby significants (Tropicana 5 Million Oz Gold/SIR's Nova/Railway line)


    Reference(including Map): http://www.asx.com.au/asxpdf/20120731/pdf/427q4br2wl4kq2.pdf
 
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