Thor Mining has completed and issued the preliminary findings of the exploration drilling programme at the Molyhil Tungsten Project, which were to test for additional tungsten mineralisation satellite.
- Traces of tungsten (37 & 30 parts per million ("ppm")) were recorded by on site XRF analyses from two holes (16MAC013 & 16MAC014) at Cattle Track immediately to the northwest of the existing Molyhil resource.
- Broad zones of magnetite skarn similar to the Molyhil deposit host rock were intersected at both Think Big and Gap Track.
- Continuous magnetite skarn was intersected at Think Big in hole 16MRAB056 for 18 metres into bedrock. Preliminary XRF analyses included 6m at 11% iron("Fe") and 1.2% titanium("Ti") from 1.5m depth and 7.5m at 9%Fe and 1.2%Ti from 10.5m.