Resource estimation work has commenced on the Moonta copper project in South Australia.
Thor Mining PLC (LON:THR)(ASX:THR) holds a significant interest in Moonta through a complicated structure involving an interest in Enviro Copper LTD, which is earning into the property from Andromeda Metals.
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Mining consultancy Mining Plus has been engaged to prepare a resource estimate on several of the deposits at Moonta, considered amenable to in situ recovery.
Numerous drill holes into Moonta deposits over several decades provide the basis for resource estimation.