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DRILLING SUCCESS AT PILOT MOUNTAIN PROJECT
DRILLING SUCCESS AT PILOT MOUNTAIN PROJECT.
About this update from Thor Energy Plc
[{"type":"text","content":"\n \nRNS Number : 9269S Thor Mining PLC 06 October 2017 \n\n \n6 October 2017\n \nTHOR MINING PLC\nDRILLING SUCCESS AT PILOT MOUNTAIN TUNGSTEN PROJECT - NEVADA USA\nFurther to the announcement of 19 September 2017, the Board of Thor Mining Plc (\"Thor\" or the \"Company\") (AIM, ASX: THR), is pleased to advise that it has received positive laboratory assays from the recent drilling program at the Company's wholly owned Pilot Mountain tungsten project in Nevada, USA.\nHighlights:\nDesert Scheelite\n· A second lode 20 metres to the north of the existing Desert Scheelite lode is confirmed.\n· A down dip extension to mineralisation of 60 metres is also confirmed.\nGood Hope\n· The 28 metre-wide zone of copper, zinc and tungsten mineralisation intersected near surface confirmed from laboratory assays,\n· Drill intersections 70 metres to the west of previous drilling at Good Hope have added significantly to the known strike length of this deposit.\nMr Mick Billing, Executive Chairman of Thor:\n\"I am very pleased to announce, what are for the Thor Mining board and operational team, exciting drill assay results from both Desert Scheelite and Good Hope.\n\"We have long suspected, from geophysical studies, that additional mineralised lodes exist at Desert Scheelite, and it is very rewarding to have this validated. This is a very strong target for drill testing along the entire strike length of the existing resource with potential, if successful, to add substantially to the resource inventory'\n\"Additionally, the high grade and near surface mineralisation at Good Hope transforms this into a deposit with genuine potential\"\n\"During recent meetings at the International Tungsten Industry Association conference in Moscow we have received positive feedback from a number of parties commenting on the results of our exploration work, and quality of the asset, at the Company's Pilot Mountain project.\"\n \n \nDesert Scheelite\nSignificant Assays¹:\n· 17DSDD02: 23.3m @ 0.21% WO3 from 198m and 15.2m @0.25% WO3 from 253.3m\n¹Refer to Table 1 for complete intercept summary.\nDrill hole 17DSDD-02 intersected two mineralised zones; the upper intersecti...