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Pin to quick picksThor Energy Share News (THR)

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Thor Mining kick-starts drilling at Australian tungsten project

Tue, 16th Apr 2019 11:37

(Sharecast News) - Thor Mining on Tuesday commenced drilling at the Bonya tungsten deposits adjacent Molyhil, in the Northern Territory of AustraliaThe Bonya project is held in joint venture with Arafura Resources Limited, with both parties contributing to the cost of the program in proportion to their project equity, with Thor owning 40% of the asset.Operations at the site will target the Samarkand, Jericho, White Violet, and Tashkent deposits, which each have outcropping tungsten at surface, with a reverse circulation drilling program of approximately 2,500 metres.Mick Billing, executive chairman of Thor, said: "We are very hopeful of positive results from our first drilling and costeaning program on the Bonya tungsten deposits. The 13 outcropping tungsten deposits at Bonya, several of which have historical mine workings, have the potential to add considerably to the life, scale, and economic outcomes of the Company's flagship Molyhil project nearby."The AIM traded company said the drilling program is expected to take approximately two weeks, with updates expected on drilling progress and preliminary on-site XRF analysis, followed by formal laboratory assays."We hope to be able to provide regular updates of progress, including provisional XRF analysis, during the program. Despite the licence area being part of a known tungsten "province", it has had no tungsten drilling since the 1970's, and we are very excited at the commencement of this program, and the potential it brings," said Billing.Thor Mining's shares were down 7.03% at 0.65p at 1620 BST.
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25 Nov 2022 11:20

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25 Nov 2022 11:09

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24 Nov 2022 13:46

IN BRIEF: Thor Mining signs deal for Molyhil and Bonya tenements

Thor Mining PLC - Australia-focused mineral explorer - Through its wholly-owned subsidiary Molyhil Mining Pty Ltd, signs a heads of agreement with mineral exploration and development company Investigator Resources Ltd. Agreement is signed to fund the exploration of Thor's 100%-owned Molyhil tenements in the Northern Territory of Australia and the sale of Thor's interest in the Bonya tenement.

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Thor Mining celebrates best gold intercept yet at Pilbara project

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10 Oct 2022 17:28

IN BRIEF: Thor Mining begins drilling at Kelly's prospect in Australia

Thor Mining PLC - Australia-focused exploration and development company - Begins drilling at Kelly's prospect in the Ragged Range project in Eastern Pilbara. Drilling targets the sheared contact of Euro Basalts and Boobina Porphyry that forms a silicified ridge extending over 1 kilometre. Drilling follows up on rock chip samples returning up to 16 grams per tonne of gold and 55 grams per tonne of silver.

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10 Oct 2022 17:26

IN BRIEF: Thor Mining begin drilling at Kelly's prospect in Australia

Thor Mining PLC - Australia-focused exploration and development company - Begins drilling at Kelly's prospect in the Ragged Range project in Eastern Pilbara. Drilling targets the sheared contact of Euro Basalts and Boobina Porphyry that forms a silicified ridge extending over 1 kilometre. Drilling follows up on rock chip samples returning up to 16 grams per tonne of gold and 55 grams per tonne of silver.

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EARNINGS UPDATES: 600 Group swings to profit; Thor Mining narrows loss

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26 Sep 2022 12:43

Thor Mining begins drilling in region historically low in uranium

(Alliance News) - Thor Mining PLC said that it has begun drilling at the Wedding Bell and Radium Mountain projects in the Uravan Mineral Belt in south-west Colorado, US.

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26 Sep 2022 12:34

Thor Mining launches drilling programme at Colorado assets

(Sharecast News) - Diversified resource company Thor Mining has commenced drilling at its 100% owned Wedding Bell and Radium Mountain projects, located in the historic uranium-vanadium mining district of southwest Colorado.

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