Thor Mining Plc ('Thor') (AIM, ASX: THR) and Arafura Resources Limited ('Arafura') (ASX: ARU) are pleased to advise that the final follow up laboratory assay results from the recent Bonya RC drill program confirm the previously reported interim portable XRF results (1st and 7th May 2019).

The project is held in joint venture between Arafura (60%) and Thor (40%) with Thor acting as manager.

Tungsten highlights from White Violet include; 27m @ 0.29% WO3 from 35m including 16m at 0.31% Cu from 43m and 7m @ 0.2% WO3 from 67m; White Violet hole 19RC020

12m @ 0.67% WO3 from 46m; 25m @ 0.39% WO3 from 63m and; 5m @ 0.1%WO3 from 96m; White Violet hole 19RC021

29m @ 0.70% WO3 from 81m; including 13m at 1.13% WO3 from 91m; White Violet hole 19RC022

Tungsten highlights from Samarkand include; 13m @ 0.48% WO3 from 19m; Samarkand hole 19RC026

8m @ 0.45% WO3 from 38m; Samarkand hole 19RC028

9m @ 0.74% WO3 from 64 m including 2m @ 0.2% Cu from 69m; Samarkand hole 19RC030

Copper intersections from Samarkand include

5m @ 0.36% Cu from 9m including 2m @ 0.23% WO3; Samarkand hole 19RC029

12m @ 0.77% Cu from 22m; Samarkand hole 19RC030

7m @ 1.23% Cu from 37m; Samarkand hole 19RC030

Mick Billing, Executive Chairman of Thor Mining, commented: 'It is exciting to have confirmation of very good tungsten results along with exciting copper readings from the White Violet and Samarkand deposits at Bonya.'

'These robust, near surface tungsten and copper mineralisation occurrences have significant growth potential and the joint venture will now target near term drilling to both test the extent of the deposits and facilitate reportable mineral resource estimates.

'The proposed Molyhil processing facility is designed to extract copper as well as tungsten and molybdenum so any primary copper at Bonya can potentially be extracted at minimal additional cost.'

'In the event that follow up drilling leads to the definition of mineral resource estimates, there is potential to add materially to both the life and financial outcomes at the Company's Molyhil project'

Gavin Lockyer, Managing Director of Arafura Resources, commented: 'We are pleased with the results of first pass exploration and the joint venture will now focus on planning and executing a subsequent phase of drilling to potentially deliver mineral resources at White Violet and Samarkand.'

A small program of costean (1-metre-deep trench) sampling was undertaken at the Tashkent and Marrakech deposits during the drill program. At Tashkent the costeans were situated midway between the drill sections to provide infill data to the drilling. Due to the narrow width and low tungsten grade, Tashkent is unlikely to subject of further exploration efforts in the near future. There were no significant intersections from the Marrakech deposit costeans however the potential scale of the deposit reported in historic reports deems the deposit worthy of further investigation at some future stage.

Source ENP Newswire

• [Editor:tianyawei]