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Thor Mining Plc
Summary
| Project: | Kapunda | |
|---|---|---|
| Deposit: | Kapunda | |
| Location: | Australia | |
| Commodities: | Copper | |
| Date: | 3/19/2018 | |
| Report Code: | (no Code) | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-3-2018: Thor Mining Plc announces a Resource Estimation report for its Kapunda deposit at the Kapunda project. JV - Further information on high-grade core within mineral resource at Kapunda. The Board of Thor Mining Plc ("Thor" or the "Company") (AIM, | |
| Resources: | (Resource, Inf.): 47.4Mt @ 0.25% Cu for 119Kt Cu contained at Kapunda | |
| CP/QP: | [Resources]: Eric Whittaker (Internal) | |
| ABSTRACT: | The Board of Thor Mining Plc ("Thor" or the "Company") (AIM, ASX: THR), is pleased to announce further information on the Kapunda Resource estimate containing 119,000 tonnes of copper, considered amenable to In Situ Recovery techniques ("In Situ Recovery" or "ISR"), announced 12 February 2018, and subsequently clarified on 22 February 2018.Thor has the right to earn up to an effective interest of 45% in that part of the Kapunda project that is considered amenable to ISR.The Company is pleased to advise of a Central high grade core, or zone, of mineralisation, contained within the previously announced Resource boundaries, of 29.0 million tonnes, @ 0.32% copper containing 91,200 tonnes of copper.Grade tonnage curves (Figure 1) indicate the quantity of estimated contained metal at various cut-off grades for both this high grade portion, and the broader resource announced on 12 February 2018. | |
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