Thor Mining PLC (LON:THR) has kicked off a new drill campaign at the wholly-owned Pilot Mountain tungsten project, in Nevada, where it is aiming to confirm and expand resources.
The programme comprises four reverse circulation drill holes and two diamond drill holes, designed to follow up previous good results from the Good Hope deposit as well as test high-grade mineralisation in the Desert Scheelite resource (back in 2012).
"The Pilot Mountain drilling program at Good Hope and Desert Scheelite demonstrates our strong belief that Pilot Mountain will become a very significant multi commodity deposit,” said Mick Billing, executive chairman.
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“We are particularly encouraged by the recent tungsten price improvement showing tightness in the market, during what is normally a period of seasonal weakness.
"The program is expected to cost no more than US$250,000 and is scheduled to last two to three weeks with assay results due several weeks after."