Investigator Resources Ltd (AU:IVR) has released an update.
Investigator Resources Limited has completed an upgraded Mineral Resource Estimate for the Molyhil Tungsten-Molybdenum-Copper Deposit, revealing significant improvements in resource confidence and increases in both tonnage and tungsten grade within the Measured Resource Category. The Molyhil Project’s status as a Major Project in the Northern Territory has been renewed, promising expedited development towards production. Following a successful drilling program and historic data validation, a joint venture with Thor Energy is anticipated, with Investigator Resources acquiring a 25% interest in the project.
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