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Thor Mining Plc (LSE:THR,ASX:THR) announced an updated reserve ore estimate of 1.64 million tonnes @ 0.42% WO₃ (tungsten) and 0.13% Mo (molybdenum) at its Molyhil project.
Thor Mining Plc (LSE:THR,ASX:THR) announced an updated reserve ore estimate of 1.64 million tonnes @ 0.42% WO₃ (tungsten) and 0.13% Mo (molybdenum) at its Molyhil project.
As quoted in the press release:
Highlights
- Reserve statement of 1.64 million tonnes @ 0.42% WO₃ and 0.13% Mo.
- Tungsten grade in the reserve is 50% above resource estimate grade.
- The high grade tungsten provides opportunity for early payback of project capital.
Click here to read the full Thor Mining Plc (LSE:THR) press release.