- Thor Mining said it had identified potentially economic level of gold in samples collected from its Pilot Mountain in Nevada.

Highlights included gold assays of 0.29 grams per tonne in an initial feed, and 0.33 grams per tonne in combined tailings.

'This is a significant step forward for our project,' executive chairman Mick Billing said.

'The locked cycle testwork has demonstrated production of a high grade scheelite concentrate with good recoveries".

"We are following up the gold potential via extraction of sample pulps from previous testwork which will be re-assayed for gold.'

At 1:50pm: [LON:THR] Thor Mining PLC share price was +0.03p at 0.85p

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