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Thor Mining PLC (ASX:THRO,AIM:THR) announced an overall 25% tonnage increase in a new resource estimate for the Molyhil tungsten and molybdenum project.
Thor Mining PLC (ASX:THRO,AIM:THR) announced an overall 25% tonnage increase in a new resource estimate for the Molyhil tungsten and molybdenum project.
As quoted in the press release:
Highlights
- Overall tonnage increased by 25% to 4.7 million tonnes to 220m depth;
- Contained tungsten increased by 10% to >13,100 tonnes WO3Â ;
- Contained molybdenum increased by 46% to >10,400 tonnes MoSâ‚‚; and
- Very high, near surface tungsten grades provide confidence in early payback of project capital.
Click here to read the Thor Mining PLC (ASX:THRO) press release.