High Grade Tungsten Confirmed at Bonya

Thor Mining (LSE:THR,ASX:THR) and Arafura Resources (ASX:ARU) have announced the final follow up laboratory assay results from the recent Bonya drill program, the results confirm the deposit is high grade.

The project is held in joint venture between Arafura (60 percent) and Thor (40 (percent) with Thor acting as manager.

Keep reading... Show less

Thor Mining Confirms Tungsten Mineralization at Samarkand

Diversified explorer Thor Mining (ASX:THR,LSE:THR) has announced the completion of its first stage exploration program of the Samarkand tungsten deposit located within the Bonya project in the Northern Territory of Australia.

Thor acquired Bonya in mid-2018. Samarkand is one of 13 tungsten deposits at the Bonya project.

Keep reading... Show less

Thor Releases Maiden Copper Resource Estimate for Bonya

Thor Mining (ASX:THR,LSE:THR) has released an initial mineral resource estimate for the Bonya copper mine deposit, reporting an inferred resource of 230,000 tonnes at 2 percent copper with traces of tungsten and molybdenum.

The Bonya copper mine deposit is part of the Bonya tenement recently bought into by Thor, and is jointly owned by Thor (40 percent) and rare earths-focused Arafura Resources (ASX:ARU) (60 percent). It’s situated adjacent to Thor’s Molyhil mine project in Australia’s Northern Territory.

Keep reading... Show less

Thor Acquires Interests in Tenements Near Molyhil

Thor Mining (ASX:THR, LSE:THR) has received ministerial approval to acquire tungsten, copper and vanadium tenements adjacent to the company’s Molyhil tungsten project in Australia’s Northern Territory.

Through the agreement, Thor is acquiring a 40-percent interest in exploration license EL29701 and a 100-percent interest in exploration license EL29599; the former hosts 13 outcropping tungsten deposits, the Bonya copper deposit and the Jervois vanadium/titanium deposit. Meanwhile, the latter license is considered prospective for copper mineralization.

Keep reading... Show less

Thor Mining Updates DFS for Molyhil Tungsten Project

Australia-focused resource explorer and producer Thor Mining (ASX:THR,LSE:THR) has upgraded the life of mine for its Molyhil tungsten project from one to seven years.

The project, which is located in the Northern Territory of Australia, will also provide much needed economic stimulus for the area, with projections topping AU$100 million of net value and an additional AU$500 million over the course of the mine’s life.

Keep reading... Show less

Top News

Related News