New assay results, including assays of more than 10 grams/tonne gold (Au), have been received from the 2013 Spring Hill Reverse Circulation drill program at Thor Mining PLC’s (“Thor”) (AIM, ASX:THR) Spring Hill gold project south of Darwin in Australia’s Northern Territory.
Highlights include:
- SHRC238 6metres(m) at 5.6 grams/tonne (g/t) gold from 15m
Including: 3m at 10.9g/t from 15m
- SHRC250 6m at 6.8g/t from 15m
Including: 4m at 10.1g/t Au from 16m
- SHRC244 28m at 1.18g/t Au from 3m
Including: 1m at 2.5g/t Au from 10m, 1m at 2.7g/t Au from 12m, 1m at 2.2g/t Au from 15m, and 2m at 2.3g/t Au from 18m.
In addition, 11 holes of the 19 hole program, intersected mineralisation within 50 metres of surface at grades consistent with what the Company has come to expect from Spring Hill - suggesting that the planned near-term oxide mining inventory, announced in June 2013, may be extended.
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