Thor Mining PLC - resource company - Says revised mineral resource estimate at Molyhil project in Australia has generated a more robust resource with the upper portion of the Southern Lode now classified as 'measured', the minimum standard required by many project financiers. Thus, Thor says it has continued discussions with potential financiers and joint venture partners to advance the project. The company also says it is now planning geotechnical drilling for pit wall optimisation, ore sorting review, and drill testing of priority resource and regional targets.
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By Evelina Grecenko; evelinagrecenko@alliancenews.com
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Thor Energy (THR)