Exploration of the epithermal zones at Thor has taken us to a new area at Thor, under Thor's Ridge. This is a challenging area to explore owing to the steep terrain, and also due to the presence of rockslides in the area that conceal bedrock. An airborne Mag/VLF/MT survey identified a large conductivity anomaly in this area that is under the Thunder Zone. This geophysical feature is also associated with a broad, semicircular conductive feature that wraps around the north side of the Elephant.

The target is very attractive owing to the presence of the megagossan, a massive surface gossan that contains ore-grade nickel and cobalt in soil samples, and has over 40% iron. Although this gossan has been known for over 100 years, it is only now with the advent of modern geophysics that we have been able to discern the likely source of the gossan - and it lies several hundred meters below the surface.

•820 x 520 m area of elevated apparent conductivity that directly underlies the Thunder Zone, probably attributable to sulfides. This feature occurs under a rockslide and is associated with the west end of the northern conductivity “tusk”.
•Target on the northeast limb of the Silver Cup Anticline.
•Thunder North is associated with the FeNiCo Megagossan showing, a massive gossan that has ore-grade nickel and cobalt in surface soil samples. Megagossan has >40% Iron as iron-oxides, suggesting that a large sulfide body occurs below the surface.