For thousands of other reports visit RSC's Mineral Intellingence Map
Thor Mining Plc
Summary
| Project: | Pilot Mountain | |
|---|---|---|
| Deposit: | Good Hope, Desert Scheelite | |
| Location: | United States | |
| Commodities: | Tungsten-Zinc-Copper | |
| Date: | 10/6/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-10-2017: Thor Mining Plc announces an Exploration/Drilling Update report for its Good Hope, Desert Scheelite deposit at the Pilot Mountain project. Drilling results incl. 26.6m @ 0.21% WO3, 1.2% Zn, 1.0% Cu from 0.8m. Further to the announcement of 19 S | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Richard Bradey (Internal) | |
| ABSTRACT: | Further to the announcement of 19 September 2017, the Board of Thor Mining Plc ("Thor" or the "Company") (AIM, ASX: THR), is pleased to advise that it has received positive laboratory assays from the recent drilling program at the Company's wholly owned Pilot Mountain tungsten project in Nevada, USA. "I am very pleased to announce, what are for the Thor Mining board and operational team, exciting drill assay results from both Desert Scheelite and Good Hope."We have long suspected, from geophysical studies, that additional mineralised lodes exist at Desert Scheelite, and it is very rewarding to have this validated. This is a very strong target for drill testing along the entire strike length of the existing resource with potential, if successful, to add substantially to the resource inventory'. "Additionally, the high grade and near surface mineralisation at Good Hope transforms this into a deposit with genuine potential". "During recent meetings at the International Tungsten Industry Association conference in Moscow we have received positive feedback from a number of parties commenting on the results of our exploration work, and quality of the asset, at the Company's Pilot Mountain project." Drill hole 17DSDD-02 intersected two mineralised zones; the upper intersection represents a new second lode previously identified by geophysical targeting prior to drilling. The new second lode sits approximately 20 metres to the hanging wall (north) of the existing Desert Scheelite lode and may extend the entire strike length of the Desert Scheelite resource. The lower 17DSDD-02 intersection represents a 60 metre down dip extension to the existing Desert Scheelite lode. This down dip extension may occur along the entire length of the resource. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report