Thor Mining
Thor Mining PLC, AIM, ASX: 'THR' is a minerals exploration and development company focused on exploring and developing specialty metals projects. The flagship project is the Molyhil Tungsten-Molybdenum Project. Since mid 2004 Molyhil has been the subject of systematic test work comprised of geophysical exploration, a diamond and RC drilling programme, surface and underground bulk sampling, metallurgical test work and a geotechnical study.
Subsequent to the completion of the updated resource statement, and the Scoping Study, Thor completed a Definitive Feasibility Study in November 2006 which confirmed that the project is technically and economically viable, with strong financial returns and rapid capital payback. Thor has also acquired a number of project areas in the Northern Territory of Australia with prospectivity for uranium mineralisation.
Another Thor Mining Director Acquires Shares in the Company
Thor Mining, the mineral exploration and development company with interests in tungsten, molybdenum and uranium projects in the Northern Territory of Australia, have announced another director of the company has acquired shares.
Norm Gardner, a non-executive director, purchased 469,961 shares at 4.85cents (Australian) taking his total holding to 0.5% of the Company, or 733,941 shares. Thor Mining's Chairman, Mick Billing also recently dipped his toes in the market and acquired shares in the Company, as did his wife.
Norm Gardner and Mick Billing both joined the board of Thor Mining after Western Desert Resources acquired at 16.7% interest in Thor. Register here for more articles on Thor Mining
Other Thor Mining articles
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12/08/08 Thor Mining - seven projects and on the prowl for more
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12/01/08 Another big step forward for Thor Mining and Molyhil
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29/11/07 Thor Mining: hammering out a tungsten-molybdenum mine
Other Thor Mining news
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22/08/08 Thor Mining adds Chief Operating Officer
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30/04/08 Western Desert takes a chunk of Thor Mining
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13/03/08 Thor Mining secures off-take for Molyhil Project
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06/03/08 Thor Mining receives encouraging results from uranium projects
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01/02/08 Thor Mining in advanced off-take negotiations
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