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Investegate |Thor Mining PLC Announcements | Thor Mining PLC: Grant funding for Molyhil

Thor Mining PLC gets A$110,000 grant for its Molyhil tungsten-molybdenum project

This is the third successful government grant Thor has received this year Thor Mining PLC (LON:THR, ASX:THR, OTCQB:THORF) said it was awarded a A$110,000 (£60,000) grant for its Molyhil tungsten-molybdenum project from the Northern Territory Government of Australia. The project, located about 220 kilometres north-east of Alice Springs, was one of 18 successful projects to receive funding as part of the Resourcing the Territory, Geophysics and Drilling Collaborations programme. The grant will help fund drill testing on recently identified magnetic targets adjacent to the mineralisation at the Molyhil deposit. A diamond drilling programme will start in the September quarter of 2021, it said.

Proactive headlines: Jubilee Metals Group PLC, Faron Pharmaceuticals Oy, Redx Pharma PLC…

Proactive headlines: Jubilee Metals, Faron Pharmaceuticals, Redx Pharma… A look at some of the main headlines from the Proactive newswire Jubilee Metals Group PLC (LON:JLP) said it entered into long-term PGM (platinum group metals) feed supply agreement with a chrome mining customer, signalling Jubilee s PGM expansion into the Eastern Limb of the Bushveld Complex in South Africa. Faron Pharmaceuticals Oy (LON:FARN, First North:FARON) said research has been published supporting the immunotherapeutic blockade of Clever-1 to activate anti-tumour immune responses in advanced cancer patients. Redx Pharma PLC (AIM:REDX) said its second wholly-owned molecule has now entered the clinic. Candidate RXC007, which is being developed to treat fibrosis, will be administered to healthy volunteers to assess its safety and tolerability and also the way it interacts with the body.

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