Base Metal and Uranium Assets
Thor has a number of project areas in the Northern Territory of Australia with prosepectivity for base metals and uranium mineralisation with a history of exploration and proximity to existing discoveries. Several of the projects have had prior exploration, which was in most cases inadequate. The projects are at various stages of evaluation.
Harts Range Project
The Harts Range project covers 362km2 of the Proteerozoic Harts Range Metamorphic Complex. The tenements were explored for uranium between 1992 and 1995 following the flying of the airborne radiometric and magnetic surveys. Numerous occurrences of uranium mineralisation were found, many of which were associated with alteration along structural breaks or contacts.
Work to date in the Harts Range Project indicates that sporadic high uranium grades occur along NW trending structural corridors, suggesting a vein-type model for mineralisation such as that at Schwartzwalder in Colorado (USA). Mineralisation here occurs in numerous lenses associated with a major shear fault network and along contacts between mica schist and gneissic rocks. More recently the area has become recognised as having emerging potential for base metals mineralisation including copper & nickel.
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