$THR.ASX Setting up
THOR MINING PLC
Thor Mining Plc (THR) is a minerals exploration and development company focused on tungsten, molybdenum and gold projects in Australia.
THOR MINING PLC
Thor Mining Plc (THR) is a minerals exploration and development company focused on tungsten, molybdenum and gold projects in Australia.
Trade active:
Thor Mining PLC (AIM, ASX: THR) is a resources company quoted on the AIM Market of the London Stock Exchange and on ASX in Australia.Thor holds 100% of the advanced Molyhil tungsten project in the Northern Territory of Australia, for which an updated feasibility study in August 2018¹ suggested attractive returns.Adjacent Molyhil, at Bonya, Thor holds a 40% interest in deposits of tungsten, copper, and vanadium, including an Inferred resource for the Bonya copper deposit².Thor is also acquiring up to a 30% interest Australian copper development company Enviro Copper Limited ,which in turn holds rights to earn up to a 75% interest in the mineral right sand claims over the resource on the portion of the historic Kapunda copper mine in South Australia recoverable by way of in situ recovery⁴, and also holds rights to earn a 75% interest in portion of the Moonta Copper project also in South Australia, and is considered a menableto recovery by way of insiture covery⁵.Thor also holds 100% of the Pilot Mountain tungsten project in Nevada USA which has a JORC 2012 Indicated and Inferred Resources Estimate³ on 2 of the 4 known deposits.The US Department of the Interior has confirmed that tungsten, the primary resource mineral at Pilot Mountain, has been included in the final list of Critical Minerals2018.The Company also has exciting gold interests at Ragged Range in the Pilbara region of Western Australia.
Trade active:
Nice Breakout , Next target 2c
Comment:
nice breakout today for $THR
Trade closed: target reached:
first target reached
Trade active:
Breakout restest done it should start moving higher
Trade closed: target reached:
all target hit