Australia
Thor Mining has a broad portfolio of assets in tungsten, molybdenum, copper, and other metals
Consultants upped tungsten, molybdenum and copper estimates at Molyhil
Management has long track record of mining industry experience
Kapunda copper project looks amenable to in-situ extraction
Financing talks for Molyhil ongoing
What does Thor Mining do?
Thor Mining PLC (ASX:THR)(LON:THR) specialises in exploration and the development of base metals resources in Australia and the USA.
Its run by Mick Billing, a seasoned mining industry professional who has more than 40 years experience in resources and the resources finance business and who boasts extensive time at Western Mining on his CV.
What does Thor Mining own?
The key asset is the Molyhil tungsten and molybdenum project, which lies 220 kilometres east of Alice Springs.
The Molyhil deposit occurs in two adjacent skarn bodies that contain outcropping molybdenite and scheelite mineralisation. Since mid-2004 it has been the subject of systematic testwork comprising geophysical exploration, diamond and reverse circulation dri..
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