Major project status for NT tungsten and molybdenum mine

Thor Mining Company’s flagship Molyhil tungsten and molybdenum project in Central Australia has joined the list of Territory Government major status projects.

The NT News is reporting that Thor’s executive chairman Mick Billing said the development ready, open pit mine, 220km north east of Alice is still subject to finance.

"We have most of the approvals we need. While the government is not putting any money into this, it is a significant milestone to receive major status recognition from the Territory Government.'' Mr Billing said.

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