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Thor Mining Plc

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Summary

Project:

Bonya

Deposit:White Violet
Location:Australia
Commodities:Copper-Tungsten
Date:11/11/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:11-11-2019: Thor Mining Plc announces an Exploration/Drilling Update report for its White Violet deposit at the Bonya project. XRF drilling results incl. 20m @ 0.24% WO3 from 2m. The directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR) are pleased to adv
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Richard Bradey (Internal)
ABSTRACT:The directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR) are pleased to advise positive preliminary results from the second round of drilling at the Bonya project White Violet deposit, adjacent to the Company’s 100% owned Molyhil project, in the Northern Territory of Australia. The Bonya project is held in joint venture between Arafura Resources Limited (60%) and Thor (40%) with Thor acting as manager, and each party contributing to the cost according to their equity. A total of 11 holes were drilled at White Violet to complete the program for that deposit. The drill rig has now moved to the Samarkand deposit for the 2nd part of the program. The following results obtained via portable X-Ray Fluorescence (“XRF”) determination should be considered preliminary and subject to confirmation by subsequent geochemical analysis. The geochemical analysis results may vary from those obtained from XRF.

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