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28 March 2019
By ERWIN CHLANDA
NT miner Thor, which owns owns the Molyhil tungsten and molybdenum project north-east of Alice Springs, has announced it has raised $742,000 and bought Pilbara Goldfields and Hamersley Metals.
They hold interests in two granted licences and seven licence applications at various stages of advancement.
Thor Executive Chairman Mick Billing says Thor is now “mine construction ready”and engaged in a “commercialisation process to secure project level finance.
“The company is seeing the maturity of its Molyhil project as we move toward the mine construction and production phases,” says Mr Billing.
PHOTO: Thor’s Molyhil site.