Thor Mining To Re-Assay Drilling Samples From Pilot Mountain For Gold

(Alliance News) - Thor Mining PLC said Tuesday it will re-assay for gold the samples taken from ...

Alliance News 25 June, 2019 | 3:08PM
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(Alliance News) - Thor Mining PLC said Tuesday it will re-assay for gold the samples taken from drilling at its Pilot Mountain project in Nevada, US.

The fresh assay at Pilot Mountain - which is wholly-own by Thor - follows gold assays received by Thor from the Desert Scheelite deposit using the metallurgical testwork results from drill samples.

The re-assay will see up to 1,200 samples from 27 drill holes taken between 2012 and 2017.

"This is potentially a very exciting phase for our 100% owned Pilot Mountain project," Thor Executive Chair Mick Billing said.

"In the event that gold appears with any consistency in the Pilot Mountain deposits, we may have a step change of substance for this project," Billing added.

Shares in Thor were 1.2% lower at 0.84 pence in London on Tuesday.

By Ahren Lester;

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Thor Mining PLC 0.33 GBX 0.00 -

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