Thor Mining Eyes Trump-inspired Increase in Tungsten Demand to Kicks Off Drilling Campaign

Thor Mining PLC has kicked off a drilling campaign designed to expand the tungsten resource at its Pilot Mountain tungsten project in Nevada.

The Pilot Mountain Project comprises four tungsten deposits: Desert Scheelite, Gunmetal, Garnet and Good Hope.

All are close to each other and have been subjected to small-scale mining activities at various times during the 20th century.

Thor plans to drill eight holes. Two of these will target an extension of the Desert Scheelite intersection, and the others will seek to validate selected 1970's Union Carbide Corporation drill intersections from the Garnet deposit.

"We have dual objectives for the drilling campaign at Pilot Mountain. The first of these is to add to the overall project resource inventory by twinning some historical holes at the Garnet deposit which, if successful, should allow the preparation of a mineral resource estimate for this deposit,” explained Mick Billing, Thor's executive chairman.

"The second & potentially very exciting objective is to test for potential extension of high grade mineralisation at the eastern end of the Desert Scheelite resource, which, if successful, could result in the re-classification of that deposit as a significant tungsten and copper deposit," Billing declared.

Billing said President Trump's intention to boost spending on infrastructure in the US bodes well for demand for tungsten, “and with no current tungsten mining operations in the country, Pilot Mountain may be well placed to fill part of that demand."

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