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Further Interim Tungsten & Copper Results - Bonya
Further Interim Tungsten & Copper Results - Bonya.
About this update from Thor Energy Plc
[{"type":"text","content":"\n \nRNS Number : 1867Y Thor Mining PLC 07 May 2019 \n\n7 May 2019\n \nHIGH GRADE INTERIM TUNGSTEN AND COPPER RESULTS \nSAMARKAND DEPOSIT - BONYA\n \nThe Board of Thor Mining Plc (\"Thor\") (AIM, ASX: THR) is pleased to announce further positive interim results from drilling at the Bonya tungsten deposits, adjacent Molyhil, in the Northern Territory of Australia.\nThe Bonya project is held in joint venture with Arafura Resources Limited (ASX: \"ARU\"), with both parties contributing to the cost of the program in proportion to their project equity (THR 40% : ARU 60%).\nRemaining interim results for Samarkand prospect are now available via portable X-ray fluorescence (\"XRF\") determination. These results should be considered preliminary and subject to confirmation in subsequent laboratory assay. Laboratory assays results may vary from those obtained from XRF.\nTungsten Highlights from Samarkand drilling include:\n· 15 metres @ 0.44% WO₃ from 19 metres from drill hole 19RC026;\n· 8 metres @ 0.36% WO₃ from 38 metres from drill hole 19RC028; \n· 11 metres @ 0.61% WO₃ from 64 metres, including 2 metres @ 0.21% Cu from 69 metres from drill hole 19RC030;\nCopper drill intersection highlights include:\n· 5 metres @ 0.5% Cu from 9 metres including 2m @ 0.22% WO3 from drill hole 19RC029;\n· 12 metres @ 0.69% Cu from 22 metres from drill hole 19RC030;\n· 6m @ 0.97% Cu from 38 metres from drill hole 19RC032\nSignificant drill intercepts are tabulated in full below.\n \nMick Billing, Executive Chairman, commented: \"More very good XRF tungsten results along with exciting copper readings from the Samarkand deposit at Bonya.\"\n\"The proposed Molyhil processing facility is designed to extract copper as well as tungsten and molybdenum so any primary copper at Bonya can be extracted at minimal additional cost.\"\n \"We look forward to the full laboratory assays from this drill program, along with results from the trench sampling from Marrakech and Tashkent, all expected during May.\" \n \nInvestors wishing to review a diagram outlining the deposits at Bonya may view this on the Company's website via the following link:\nhttp://thormining.com/-/thor/lib/images/maps/15-001-1B%20Bonya%20Exploration%20Targets.jpg\n \nFurther ...