Thor Energy kicks off airborne survey work in the US
June 08, 2023 at 06:27 am EDT
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Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) Managing Director Nicole Galloway Warland takes time out of her trip to meet investors in London to visit the Proactive London studio and speak with Thomas Warner.
She gives an update on the airborne survey work the company has recently begun at its US uranium projects, as well as touching on progress at Alford East in Australia. Thor recently announced a potential high-grade rare earth (REE) discovery within its licence at Alford East after a review of gold and copper drilling results.
She also touches upon the decision to rename the company earlier this year, saying that switching the name to Thor Energy from Thor Mining highlights the company's "strategy around uranium and energy metals, and the transition to green energy."
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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.