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The directors of Thor Mining Plc ( Thor or the Company ) (AIM, ASX: THR, OTCQB: THORF), the diversified resource company, are pleased to provide an update to the Mineral Resource Estimate of its 100% owned critical minerals tungsten asset, the Molyhil Project ( Molyhil ), in the Northern Territory of Australia.
Highlights: § The Molyhil Mineral Resource Estimate now comprises Measured, Indicated, and Inferred Mineral Resources totalling 4.4 million tonnes at 0.27% WO 3 (Tungsten trioxide), 0.10% Mo (Molybdenum), 0.05% Cu (Copper) and 17.75% Fe (Iron) using a 0.07% WO 3 cut-off (Table A). § Concurrent 3D geological modelling identifies priority drill targets to increase resource. § New exploration targets identified near the existing resource. ....