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Thor Mining encouraged by Spring Hill results

By BFN News | 09:51 AM | Monday 17 September, 2012


The Board of Thor Mining reports that further assay results have now been received from the 2012 Spring Hill drill program at its Spring Hill Gold Project south of Darwin in Australia's Northern Territory. The results for these two holes indicate depth extension in the order of 100m to the gold mineralising system for the Hong Kong lode. Resource estimation modelling will follow final assays to determine the grade distribution within the lode. Commenting, Mr Mick Billing, Executive Chairman of Thor Mining, said, "This is an encouraging extension to the known mineralisation at Spring Hill. While we do not have all the assays from the program and therefore cannot speculate on any possible resource extensions, it is encouraging to confirm the extensions to the mineralised system." At 9:51am: (LON:THR) share price was -0.25p at 1.1p Story provided by StockMarketWire.com

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