Thor Mining Plc (ASX:THR, LON:THR) Chairman and CEO Mick Billing outlines the company’s plans to take control of the Spring Hill Gold Project.
The company has just inked a deal to buy the 49 per cent equity interest of the Spring Hill Gold Project it does not already own from Western Desert Resources Limited
(ASX:WDR).
Mr Billing outlines the terms of the agreement, what needs to occur before the deal is done and when the transaction is expected it close.
The Spring Hill Gold Project is located in the Northern Territory and Mr Billing lists what is most compelling about the project and why Thor Morning has decided to move to full ownership.
The interview concludes with an update on the Molyhil Tungsten Mine in the Northern Territory including the latest developments.
