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Thor Mining Plc
Summary
| Project: | Pilot Mountain | |
|---|---|---|
| Deposit: | Desert Scheelite | |
| Location: | United States | |
| Commodities: | Tungsten-Zinc-Copper-Silver | |
| Date: | 12/14/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-12-2018: Thor Mining Plc announces a Resource Estimation report for its Desert Scheelite deposit at the Pilot Mountain project. Updated mineral resource estimate at the project. The Board of Thor Mining Plc (“Thor” or the “Company”) (AIM, ASX: THR), is | |
| Resources: | (Resource, I+I): 10.70Mt @ 0.26% WO3, 19.38g/t Ag, 0.15% Cu, 0.38% Zn at Desert Scheelite | |
| CP/QP: | [Resources]: Stephen Godfrey (Resource Evaluation Services) | |
| ABSTRACT: | The Board of Thor Mining Plc (“Thor” or the “Company”) (AIM, ASX: THR), is pleased to announce an upgraded and increased mineral resource estimate containing tungsten, copper and now zinc, for the Desert Scheelite deposit at Pilot Mountain in Nevada USA. Mick Billing, Executive Chairman, commented: “This addition to the resource estimate at Pilot Mountain further enhances the potential of this exciting project.” “Pilot Mountain hosts a large and, in the directors’ view, valuable tungsten resource in the USA, where there has been no primary production of tungsten for some years, despite being classified as a critical mineral by the US Department of the Interior.“ “I look forward to outlining the next steps for this key Company project in the coming weeks. This update will complement comprehensive updates across all areas of our operations in what is a highly proactive period for Thor.” “In this regard I also expect to provide updates to the market in respect of Molyhil commercialisation, the Bonya project review exercise (including vanadium) and the latest developments in respect of the Company’s Kapunda copper project interest.” | |
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