Said there where improvements to previous BFS and here they exactly are
SIGNIFICANT IMPROVEMENT IN PROJECTED TUNGSTEN RECOVERY
AT MOLYHIL (NT) PROJECT
A substantial 12% improvement in projected metallurgical recovery of tungsten for the Molyhil tungsten and molybdenum project (“Molyhil”) in the Northern Territory, has been announced by Directors of Thor Mining PLC (“Thor” or the “Company”) (AIM, ASX: THR, THRO).
Highlights
• Tungsten recovery now estimated at 75% compared with previous estimate of 67%
• Improvement derived from adding a flotation step to the tungsten recovery process after gravity separation
• Projected revenues at Molyhil improved by a further A$7.0 million p.a. over the life of the mine.
• Cost per metric tonne unit (“mtu”) of tungsten produced reduced to US$109 after molybdenum bi-product credit
• Economics of the Molyhil project significantly enhanced.
Highlights
. Overall tonnage increased by 25% to 4.7 million tonnes to 220m depth;
. Contained tungsten increased by 10% to >13,100 tonnes WO3 ;
. Contained molybdenum increased by 46% to >10,400 tonnes MoS.; and
. Very high, near surface tungsten grades provide confidence in early payback of project capital.
Next steps at Molyhil
. Capital and operating cost changes, to reflect recently announced process
now previous
Total resource (tonnes) 4,710,00 3,750,000 25% increase
Contained WO. (tonnes)1 13,100 12,000 10% increase
Contained MoS2 (tonnes)2 10,400 7,125 46% increase
Cut-off grade (%Mo + %WO3) 0.1%
NIL
Vertical Limit of resource
220 metres
265 metres
Resource open at depth=
- Forums
- ASX - By Stock
- hilights and improvements on dfs
THR
thor energy plc
Add to My Watchlist
10.0%
!
0.9¢

Said there where improvements to previous BFS and here they...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $6.397M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $5.849K | 637.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1280720 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 126927 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1280720 | 0.009 |
8 | 1709333 | 0.008 |
6 | 1643979 | 0.007 |
5 | 1006833 | 0.006 |
2 | 577727 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 126927 | 4 |
0.011 | 6231 | 1 |
0.012 | 1643871 | 6 |
0.013 | 400000 | 1 |
0.014 | 255000 | 1 |
Last trade - 13.48pm 26/06/2025 (20 minute delay) ? |
Featured News
THR (ASX) Chart |
The Watchlist
3DA
AMAERO LTD
Hank Holland, Chairman & CEO
Hank Holland
Chairman & CEO
Previous Video
Next Video
SPONSORED BY The Market Online