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Thor Mining has a broad portfolio of assets in tungsten, molybdenum, copper, and other metals

Consultants upped tungsten, molybdenum and copper estimates at Molyhil

Management has long track record of mining industry experience

Kapunda copper project looks amenable to in-situ extraction

Financing talks for Molyhil ongoing

What does Thor Mining do?
Thor Mining PLC (ASX:THR)(LON:THR) specialises in exploration and the development of base metals resources in Australia and the USA.

Its run by Mick Billing, a seasoned mining industry professional who has more than 40 years experience in resources and the resources finance business and who boasts extensive time at Western Mining on his CV.

What does Thor Mining own?
The key asset is the Molyhil tungsten and molybdenum project, which lies 220 kilometres east of Alice Springs.

The Molyhil deposit occurs in two adjacent skarn bodies that contain outcropping molybdenite and scheelite mineralisation. Since mid-2004 it has been the subject of systematic testwork comprising geophysical exploration, diamond and reverse circulation dri..

  • Consultants upped tungsten, molybdenum and copper estimates at Molyhil

  • Management has long track record of mining industry experience

  • Kapunda copper project looks amenable to in-situ extraction

  • Financing talks for Molyhil ongoing

What does Thor Mining do?

Thor Mining PLC (ASX:THR)(LON:THR) specialises in exploration and the development of base metals resources in Australia and the USA.

Its run by Mick Billing, a seasoned mining industry professional who has more than 40 years experience in resources and the resources finance business and who boasts extensive time at Western Mining on his CV.

What does Thor Mining own?

The key asset is the Molyhil tungsten and molybdenum project, which lies 220 kilometres east of Alice Springs.

The Molyhil deposit occurs in two adjacent skarn bodies that contain outcropping molybdenite and scheelite mineralisation. Since mid-2004 it has been the subject of systematic testwork comprising geophysical exploration, diamond and reverse circulation drilling programmes, surface and underground bulk sampling, metallurgical testwork and a geotechnical study.

A feasibility study revealed in August 2018 that the project is technically and economically viable, has a seven-year life, with strong financial returns and rapid capital payback.

In October, mining consultants RPM Global raised by 1.5% the total indicated and inferred estimate to 13,300 tonnes of tungsten trioxide, 6,800 tonnes of molybdenum, and 2,200 tonnes of copper.

Thor has also recently demonstrated the existence of a significant new tungsten deposit adjacent to Molyhil at the Bonya Samarkand prospect. The Bonya tenement is held jointly with Arafura Resources (ASX:ARU).

At the Desert Scheelite deposit on the Pilot Mountain project in Nevada, Thor now boasts a resource of 10.7mln tonnes of ore grading 0.26% WO3 (tungsten), with additional silver, zinc and copper.

In March, Thor agreed to to spin out its copper interests into a new vehicle, Enviro Copper, where it will take up to a 30% stake.

Enviro has rights for up to 75% of both the Kapunda copper project and the Moonta copper project.

Both projects are amenable to in-situ leaching (ISR).

"The developments in our ISR copper investments show tremendous promise as we look towards a, potentially quite large, ISR focussed copper business".

Chairman Mick Billing confident of continued progreRead More – Source

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Australia

Kangaroo Island Plantation Timbers invites bird lovers to assist with annual survey

Kangaroo Island Plantation Timbers Ltd (ASX:KPT) invites bird lovers to help out with the annual Birds in Plantations survey next month on Kangaroo Island in conjunction with Birdlife Australia.

Last year was the first time that bird surveys had been conducted in the companys plantations and there were 38 different bird species observed.

Birds were most abundant and diverse in the remnant vegetation on plantation properties.

KPT owns 25,000 hectares of land on Kangaroo Island, of which about 7,000 hectares is remnant vegetation.

Volunteers sought
In the 2018 Birds in Plantations survey, 22 volunteer surveyors completed more than 85 surveys across 37 different properties or control sites in KPT plantations.

This year the survey will be held on November 9 and 10, with volunteers able to complete surveys in the week before and after if they cannot commit to the weekend.

Building a picture of bird health
KPTs director of Community Engagement Shauna Black said the volunteers were cruc..

Kangaroo Island Plantation Timbers Ltd (ASX:KPT) invites bird lovers to help out with the annual Birds in Plantations survey next month on Kangaroo Island in conjunction with Birdlife Australia.

Last year was the first time that bird surveys had been conducted in the companys plantations and there were 38 different bird species observed.

Birds were most abundant and diverse in the remnant vegetation on plantation properties.

KPT owns 25,000 hectares of land on Kangaroo Island, of which about 7,000 hectares is remnant vegetation.

Volunteers sought

In the 2018 Birds in Plantations survey, 22 volunteer surveyors completed more than 85 surveys across 37 different properties or control sites in KPT plantations.

This year the survey will be held on November 9 and 10, with volunteers able to complete surveys in the week before and after if they cannot commit to the weekend.

Building a picture of bird health

KPTs director of Community Engagement Shauna Black said the volunteers were crucial to the success of the survey.

“You can do it in your own time and well provide fuel vouchers and safety equipment.

“Wed like to do it every year so we can build up a resource and a picture of bird health in our plantations, as part of our Forestry Stewardship Council certification.”

For more information Read More – Source

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Imugene welcomes receipt of US Department of Defense grant for City of Hope cancer researchers

Imugene Limited (ASX:IMU) has revealed that City of Hope researchers Yanghee Woo, MD and Yuman Fong, MD have received a $564,173 US Department of Defense Grant for the oncolytic virotherapy CF33 in gastric cancer.

Background
The CF33 oncolytic virus was developed at City of Hope, a world-renowned independent research and treatment centre for cancer, diabetes and other life-threatening diseases based in California.

Imugenes proposal to license CF33 from City of Hope is awaiting satisfaction of customary conditions precedent and shareholder approval at the Extraordinary General Meeting (EGM) to be held on November 18, 2019.

Focus on gastric cancer
The grant focuses on the area of stomach (gastric) cancer (GC), a disease that disproportionately affects US military service members, veterans, and their beneficiaries who have increased exposure to hazardous environmental risk factors, such as H. pylori, Epstein-Barr viral infections, radiation, and tobacco smoking.

Peritoneal carcinomato..

Imugene Limited (ASX:IMU) has revealed that City of Hope researchers Yanghee Woo, MD and Yuman Fong, MD have received a $564,173 US Department of Defense Grant for the oncolytic virotherapy CF33 in gastric cancer.

Background

The CF33 oncolytic virus was developed at City of Hope, a world-renowned independent research and treatment centre for cancer, diabetes and other life-threatening diseases based in California.

Imugenes proposal to license CF33 from City of Hope is awaiting satisfaction of customary conditions precedent and shareholder approval at the Extraordinary General Meeting (EGM) to be held on November 18, 2019.

Focus on gastric cancer

The grant focuses on the area of stomach (gastric) cancer (GC), a disease that disproportionately affects US military service members, veterans, and their beneficiaries who have increased exposure to hazardous environmental risk factors, such as H. pylori, Epstein-Barr viral infections, radiation, and tobacco smoking.

Peritoneal carcinomatosis (PC) is a fatal evolution of GC for which there is no effective treatment.

Across military families and the general population, over 60% of all patients with GC will develop peritoneal disease as the most common manifestation of recurrence or metastatic presentation.

The progression of primary GC to PC is facilitated by the unique peritoneal tumour microenvironment, where metastatic peritoneal seeding requires evasion of anti-tumour immunity and maintenance of a highly immunosuppressive microenvironment.

The researchers rationalize that a combined approach using Imugenes proposed license for novel oncolytic virus CF33 armed to express an anti-PD-L1 antibody as immune moRead More – Source

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Australia

Ironbark Zinc in trading halt ahead of capital raising news

Ironbark Zinc Ltd (ASX:IBG) has capital raising news pending and has been granted a trading halt by the ASX.

The halt will remain in place until the start of normal trading on Friday, October 25, 2019, or when an announcement is made to the market, whichever occurs earliest.

IBG's securities last traded at 1.7 cents, down from 2.1 cents in mid-September.

New managing director
In September the company appointed experienced commercial and corporate executive Michael Jardine to the role of managing director.

Jardines previous experience included director for Atrum Coal Ltd (ASX:ATU) and Pegasus Metals Ltd, which is now Scorpion Minerals Ltd (ASX:SCN).

He is currently a non-executive director of TNT Mines Ltd (ASX:TIN) as well as Read More – Source

Ironbark Zinc Ltd (ASX:IBG) has capital raising news pending and has been granted a trading halt by the ASX.

The halt will remain in place until the start of normal trading on Friday, October 25, 2019, or when an announcement is made to the market, whichever occurs earliest.

IBG's securities last traded at 1.7 cents, down from 2.1 cents in mid-September.

New managing director

In September the company appointed experienced commercial and corporate executive Michael Jardine to the role of managing director.

Jardines previous experience included director for Atrum Coal Ltd (ASX:ATU) and Pegasus Metals Ltd, which is now Scorpion Minerals Ltd (ASX:SCN).

He is currently a non-executive director of TNT Mines Ltd (ASX:TIN) as well as Read More – Source

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