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Thor Mining Plc
Summary
| Project: | Bonya | |
|---|---|---|
| Deposit: | Bonya | |
| Location: | Australia | |
| Commodities: | Copper-Tungsten | |
| Date: | 4/30/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-4-2019: Thor Mining Plc announces an Exploration/Drilling Update report for its Bonya deposit at the Bonya project. Drilling results incl. 29m @ 0.75% WO3 from 81m. The Board of Thor Mining Plc (“Thor”) (AIM, ASX: THR) is pleased to announce positive i | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Richard Bradey (Internal) | |
| ABSTRACT: | The Board of Thor Mining Plc (“Thor”) (AIM, ASX: THR) is pleased to announce positive interim results from drilling at the Bonya tungsten deposits, adjacent Molyhil, in the Northern Territory of Australia. The Bonya project is held in joint venture with Arafura Resources Limited (ASX: “ARU”), with both parties contributing to the cost of the program in proportion to their project equity (THR 40% : ARU 60%). Interim results for three of the four targets are now available following portable x-ray fluorescence (“XRF”) determination, and should be considered preliminary and subject to confirmation in subsequent laboratory assay. Laboratory assays results may vary from those obtained from XRF. Mick Billing, Executive Chairman, commented: “These are very exciting interim results, particularly from the White Violet deposit, where results are substantially better than expectations.” “The inclusion of attractive copper interim assays from several holes also elevates the potential of the Bonya area in general, but White Violet especially.” “We look forward to the interim results from the Samarkand drilling, and also to the full laboratory assays expected during May.” | |
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