Today Thor announces that its wholly owned subsidiary Molyhil Mining Pty Ltd has signed a Heads of Agreement (HOA) with ASX-listed Investigator Resources Limited (IVR) to fund the accelerated exploration of Thor's 100%-owned Molyhil tenements, in the Northern Territory, and the sale the neighbouring Bonya tenement in which it has a 40% interest. Molyhil is an advanced tungsten-molybdenum project.
24 Nov 2022
WH ireland: Thor Mining (THR) - $8M Farm-in Funding Agreement to Accelerate Molyhil Project, Northern Territory
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WH ireland: Thor Mining (THR) - $8M Farm-in Funding Agreement to Accelerate Molyhil Project, Northern Territory
Thor Energy Plc (THR:LON) | 1.2 0 0.0% | Mkt Cap: 3.48m
- Published:
24 Nov 2022 -
Author:
Paul Smith | David Seers -
Pages:
4
Today Thor announces that its wholly owned subsidiary Molyhil Mining Pty Ltd has signed a Heads of Agreement (HOA) with ASX-listed Investigator Resources Limited (IVR) to fund the accelerated exploration of Thor's 100%-owned Molyhil tenements, in the Northern Territory, and the sale the neighbouring Bonya tenement in which it has a 40% interest. Molyhil is an advanced tungsten-molybdenum project.