16th Apr 2019 13:28
LONDON (Alliance News) - Thor Mining PLC on Tuesday said that drilling at the Bonya tungsten deposits in the northern territory of Australia, has now commenced.
Thor holds a 40% stake in the project, in a joint venture with Arafura Resources Ltd, which retains the remaining 60%.
The drilling program includes 2,500 metres of Reverse Circulatio drilling over certain deposits and 200 metres of trench sampling across each the Marrakesh and Tashkent deposits.
The whole program is expected to take two weeks to complete.
Thor Mining shares were trading up 3.6% at 0.72 pence each on Tuesday afternoon.
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