This is the presentation Mick Billing, Executive Chairman, of Thor Mining, presented to investors who attended the Share Talk investors show held in London on the 29th March 2019.
The Board of Thor Mining Plc (“Thor”) (AIM, ASX: THR) is pleased to announce successful recovery of gold from samples of the Kapunda Copper ISR copper project in South Australia.
The results are from research activities on Kapunda samples by the CSIRO as part of the CRC-P* project funded by the Australian Commonwealth government for the Kapunda project owned by Environmental Copper Recovery Pty Ltd (ECR) in which Thor is acquiring a 60% interest and in respect of which potential strategic developments were announced on 5 March 2019.
Mick Billing, Executive Chairman, commented: “This is an unexpected bonus for the Kapunda project, and potentially a very significant project enhancement.”
“There is not sufficient drilling assay information to allow a gold resource to be added to the previously published copper resource, however the information we have suggests the presence of gold relatively evenly across much of the Kapunda deposit.”
“The directors of ECR and the directors of Thor are reviewing options in light of this new and potentially strategically critical information, and will provide further updates in the near term”
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