Thor’s Hatches Creek Project comprises three mineral tenements. 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 the sealed Stuart Highway is via a combination of formed and unformed dirt roads for a total distance of about 165km.
The three mineral tenements cover 815km2 and are divided into two non-contiguous areas. The Hatches Creek Prospect is within the smaller southwest pair of tenements.
The Hatches Creek Prospect contains the historical Hatches Creek mining field, which was known as the Wolfram Field, where numerous mines exploited quartz veins containing wolframite, a tungsten mineral.
Mining of eluvial deposits containing wolframite gold and copper also occurred. The Hatches Creek Prospect has not been the subject of modern exploration for vein hosted mineralisation, and neither have the shear systems been systematically tested for gold mineralisation. Nor have the eluvial and alluvial sediments been systematically tested for wolframite concentrations.
Thor intends to explore for wolframite, a tungsten mineral, gold and copper. Tungsten is used in tool steels and specialist industrial applications. For more information see the Tungsten fact sheet.
Thor’s consultants have visited the project to undertake ground surveys and meet with the traditional owners and their representatives – the Central Land Council. Permission was received to undertake low-level airborne photographic and low-level magnetic surveys, which have been completed.
Interpretation of this data and another field trip will enable Thor to submit an exploration plan for the project.
After lengthy negotiation an agreement was signed for Exploration License Applications with the traditional owners and Thor is now waiting on the granting of these tenements before initiating ground exploration.