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THORF / Thor Mining Molyhil tungsten project farm-out will allow it to focus on areas where WH Ireland sees "potential for value creation"

Thor Mining Molyhil tungsten project farm-out will allow it to focus on areas where WH Ireland sees
Thor Mining PLC's (AIM:THR, OTC:THORF, ASX:THR) recent farm-out deal for its Molyhil tungsten project and the sale of its adjacent Bonya tenement, both of which are in Northern Territory, Australia, will allow the firm to focus on areas where analysts at WH Ireland "see the potential for value creation". On Wednesday, Thor announced that its wholly owned subsidiary Molyhil Mining Pty Ltd had 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 of the neighbouring Bonya tenement in which it has a 40% interest. Read More
Posted: Nov 24 2022, 05:25
Author Name: Proactive Investors
Views: 110626

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