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Thor’s Hatches Creek Project comprises two contiguous exploration licences EL22912 and EL23463. It is located in the central portion of Australia’s Northern Territory, about 325km northeast of Alice Springs and 160km southeast of Tennant Creek. Access from Stuart Highway is via unsealed dirt roads for a approximately 165km. The two tenements cover an area of 63.41km2 and together cover the historical Hatches Creek Wolfram Field. Numerous underground mines exploited quartz veins containing wolframite (tungsten) until the 1950’s when the mineral field closed due to falling tungsten prices. Mining of eluvial deposits containing wolframite, gold and copper also occurred. The Hatches Creek Wolfram Field has not been systematically explored for tungsten and other commodities such as gold and copper since the field closed in the 1950’s tested for gold mineralisation. Vein and shear structures together with eluvial and alluvial sediments can now be systematically tested for tungsten, gold and copper mineralisation using modern exploration techniques. Tungsten is used in tool steels and specialist industrial applications. For more information see the Tungsten Fact Sheet. Initial reconnaissance mapping and sampling has been completed together with a thorough literature review of all historical data covering the area. Detailed photography and low level aeromagnetics have been compiled covering the area. Interpretation of this data together with further field reconnaissance will enable Thor to commence reconnaissance drilling on selected prospects. An agreement has been made with traditional owners allowing exploration activities to commence on the tenements now that both exploration licences are granted. |
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