Business
Quarterly Activities Report for 31 March 2013
Quarterly Activities Report for 31 March 2013.
About this update from Thor Energy Plc
[{"type":"text","content":"\n \nRNS Number : 2473C Thor Mining PLC 12 April 2013 \n \n\nTHOR MINING PLC\n \nQUARTERLY ACTIVITIES REPORT \nPERIOD ENDING 31 MARCH 2013\n \nDated: 12 April 2013\n \nThe Directors of Thor Mining PLC (\"Thor\" or the \"Company\") (AIM, ASX: THR) the Australian gold, tungsten and molybdenum explorer and developer, today lodge the following March 2013 quarterly report. It is scheduled for release on 15th April 2013 with the Australian Securities Exchange (ASX) as required by the listing rules of ASX.\n \nQUARTERLY REPORT OCTOBER TO MARCH 2013\n \n\n\n\n\nHighlights\n\n\nOutlook for June 2013 Quarter\n\n\n\n\n \nTUNGSTEN & MOLYBDENUM\nMolyhil NT\n· Regulatory approvals activities.\n· Marketing & financing discussions continued with interested parties in North America & Europe.\n· Ongoing metallurgical work enhancing concentrate specification & potential financial outcomes.\n· Brownfields targets identified and reconnaissance commenced.\n \n\n\n \n \n \n· Ongoing marketing & financing activities.\n· Ongoing enhancement program to lower costs and improve economic outcomes.\n· Exploration - review and test nearby prospects.\n \n\n\n\n\n \nGOLD\nSpring Hill NT\n· 51% ownership transfer completed.\n· Toll treatment MOU with Crocodile Gold.\n· New drill targets identified nearby.\n \n\n\n \n \n \n· Continued evaluation of potential for profitable production.\n· Annual wet season interruption to field activities.\n \n\n\n\n\n \nDundas WA\n· On site geochemical sampling for nickel potential.\n \n \n \n\n\n \n \n· Follow up on site geochemical sampling for nickel potential.\n· Preparation for air core and RC drilling.\n \n\n\n\n\n \nMOLYHIL TUNGSTEN-MOLYBDENUM PROJECT (NT) (100% THOR)\nMarch quarter activities were devoted to continuing negotia...