Tosca Drills 362.4 metres of 0.089% Mo

Tosca Mining Corp. (TSXV:TSQ,FWB:TQ4,OTC Pink:TSMNF) announced drilling results from its Texas-based Red Hills project.

As quoted in the press release:

The molybdenum grades accompanying copper mineralization range from 0.026% Mo in hole TMC-20 to 0.073 % Mo in hole TMC-23.

Tosca’s Chairman and CEO, Sadek El-Alfy said:

The 2011 program encountered numerous thick mineralized intervals with grades in the 0.07% to 0.1% Mo range, and established the presence of elevated Rhenium content at Red Hills. The Molybdenum grades are similar and in some cases higher than those of projects currently considered of potential economic interest.

Click here for the Tosca Mining Corp. (TSXV:TSQ) press release.