The results indicate the gossan is strongly anomalous for nickel over the entire 900 metres strike length.
Assays for gold in stream sediment samples, also collected in this program, are expected shortly.
A total of 49 rock chip samples were all anomalous for nickel, with peak value of 2,678 parts per million (ppm).
The average grade of all samples collected was 1,397 ppm. Chromium averaged 1,230 ppm across the 49 samples.
“These nickel and chromium assays are very encouraging, and well worth follow up programs,” Thor’s executive chairman Mick Billing said in a statement.
“We appear to have a nickel-bearing system of relatively impressive size, as indicated by the width and strike length, as currently known, and also by the relative consistency of the gossan samples along the gossan, and we look forward to testing this further.”
Recently, global nickel prices have strengthened.