Thor Mining PLC‘s (LON:THR) (ASX:THR) Mick Billing tells Proactive London’s Andrew Scott drilling at the Bonya tungsten deposits adjacent to Molyhil, in the Northern Territory of Australia, could start towards the end of next week.
The Bonya project is held in a 40%/60% joint venture with Arafura Resources Limited (ASX:ARU), with both parties contributing to the cost of the program in proportion to their project equity.
Billing also updates on the acquisition of two gold and uranium focused companies in Australia – a move designed to expand its operations portfolio in the country.
Source Link www.proactiveinvestors.co.uk
