After a 75% jump to $0.056 today in intra-day trading, from $0.032 on Monday 6 December, Thor Mining (ASX: THR) has received an ASX price and volume query.
The company said there is no material information that has not been announced to the market, but did state:
'The current high market price for gold and the previously announced encouragement from exploration activities at the Dundas Gold Project, in the Albany Fraser Belt near Norseman, in Western Australia.'
And, 'The continued strengthening of the quoted international price for tungsten which may have a positive impact on the economics of the Molyhil Molybdenum/Tungsten project in Northern Territory.'
In intra-day afternoon trade, Thor shares last traded at $0.053, or 29% higher on the day.