Thor Mining Finds Highest Gold Values Yet At Dundas Project

5th Jul 2010 08:16

LONDON (Dow Jones)--Minerals exploration company Thor Mining PLC (THR.LN) Monday said it has found the greatest concentration of high gold values to date from exploration work at its Dundas gold project in Western Australia. Thor, which last month raised GBP2.7 million to fund the exploration and evaluation of its Dundas Project, said the full survey results show clusters of elevated gold values. The company said 52 samples have returned gold values of between 8 and 26 parts per billion. Thor said it will start a further calcrete sampling program as soon as practicable to broaden the coverage. -By Rachael Gormley, Dow Jones Newswires; 44-20-7842-9308; [email protected] (END) Dow Jones Newswires July 05, 2010 03:16 ET (07:16 GMT)