Thor Energy announces "potential gamechanger" at Alford East
April 28, 2023 at 03:03 am EDT
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Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) Managing Director Nicole Galloway Warland speaks to Thomas Warner from Proactive after announcing a potential high-grade rare earth (REE) discovery within its licence at Alford East after a review of gold and copper drilling results.
The discovery was made after reviewing data collected during a drilling program in 2021. Galloway Warland reiterates that her primary focus remains on its uranium projects in the US, but describes the RRE discovery as a "potential gamechanger."
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Proactive UK Ltd
+44 20 7989 0813
uk@proactiveinvestors.com
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Thor Energy PLC is a United Kingdom-based exploration company with a focus on uranium and energy metals. The Company's project consists of Ragged Range Gold Project, Alford Copper-Gold Projects, Molyhil Tungsten Project, and Uranium-Vanadium Project. The Company holds 100% interest in three uranium and vanadium projects (Wedding Bell, Radium Mountain and Vanadium King) in the Uravan Belt Colorado and Utah. The Ragged Range Project is located in the prospective Eastern Pilbara Craton, Western Australia. The Molyhil tungsten-molybdenum-copper deposit is located 220km north-east of Alice Springs (320km by road) within the prospective polymetallic province of the Proterozoic Eastern Arunta Block in the Northern Territory. The Alford East Copper-Gold Project is located on EL6529. The Company also holds 40% interest in deposits of tungsten, copper, and vanadium, including Inferred resource estimates for the Bonya copper deposit, and the White Violet and Samarkand tungsten deposits.