FURTHER HIGH GRADE LITHIUM RESULTS AT BIG SANDY
HAWKSTONE MINING LIMITED
The Board of Thor Mining Plc (“Thor”) (AIM, ASX: THR) is pleased to advise further drilling results at the Big Sandy Deposit in Arizona USA by Hawkstone Mining Limited (“Hawkstone”) (ASX: HWK).
Hawkstone has released results from a further 12 holes of its 37-hole Phase 2 diamond drill programme at its Big Sandy Lithium-Clay Project, located in Arizona USA on 23 May 2019, and on 27 June 2019.
Further results are expected in the coming weeks.
Hawkstone Managing Director Paul Lloyd comments “The assay results from these latest 7 diamond holes demonstrate the significant potential of the Big Sandy project and we look forward to updating the market further regarding assay results pending from the next 8 diamond drill holes as they become available.”
Thor holds 7,421,875 ordinary shares in Hawkstone (representing 1.075% of its issued share capital), the 100% owner of the Big Sandy project.
The latest Hawkstone announcement, of 27 June 2019, may be found on the ASX website via the following link:
Previous announcements may be found via the following links:
Information about Hawkstone and its Big Sandy project can be found at Hawkstone’s website, http://hawkstonemining.com.au/.
Mr Mick Billing, Executive Chairman, commented:
“We welcome this additional positive news from the Big Sandy drilling program noting that the program is continuing with more news scheduled in the coming weeks.”
“We look forward to the balance of the drilling results as the program continues to improve the prospects for Big Sandy and the value of our Hawkstone investment.”
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
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