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Thor Mining says mineralisation intersected

By BFN News | 09:31 AM | Tuesday 07 March, 2017

Thor Mining advises the intersection of 51m of mineralisation from the second drill hole designed to test for extensions to the Desert Scheelite deposit at the company's wholly owned Pilot Mountain tungsten project in Nevada. "While the initial planning for this program at Desert Scheelite included plans for only two holes, we are sufficiently encouraged by this result to immediately conduct a third drill hole to test for further extensions," said executive chairman Mick Billing. HIGHLIGHTS: - 51 metres of scheelite mineralisation, including 9 metres of visible sulphide mineralisation, including visible chalcopyrite, intersected 25 metres to the east and approximately 50 metres closer to surface from high grade Desert Scheelite intersection from DSDD015; - Drill hole designed to follow up the 2012 high grade intersection at DSDD015 (17.5m @ 5.7% Cu equivalent) which comprised; 13.9 metres (m) @ 0.89% tungsten trioxide (WO3) from 198m, and 17.5m @1.80% copper and 2.2% zinc from 196m; - Drill hole sample assays expected within several weeks; - Following this very encouraging result, a previously unplanned third hold hole has commenced targeting a further 25 metre extension of the Desert Scheelite deposit; - The first hole at Desert Scheelite terminated without intersecting any visible mineralisation, due to what appears to be a fault displacement above the targeted zone of mineralisation. At 9:31am: (LON:THR) Thor Mining PLC share price was -0.2p at 1.05p Story provided by

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