The directors of Thor Energy Plc (AIM, ASX: THR, OTCQB: THORF) are pleased to announce the commencement of Ambient Noise Tomography (“ANT”) geophysical surveys, in partnership Fleet Space Technologies, at the Alford East Copper-REE Project in South Australia.
- Low-impact, ANT surveys are now underway at the Alford East copper-gold Project using EXOSPHERE BY FLEET® technology.
- The ANT surveys are designed to delineate the low-velocity, weathered ‘troughs’ that host the oxide copper-REE mineralisation within the Alford Copper Belt. They will be completed over the next few weeks.
- As part of the collaborative partnership between Thor and Fleet, Fleet will integrate the ANT results with Thor’s 3D geological model using Artificial Intelligence (“AI”) and Machine Learning (“ML”) to generate a new model for drill targeting higher-grade oxide copper-gold mineralisation (ASX/AIM: 4 September 23).
- Future drilling will be concentrated on these targets, characterised by low seismic velocity, to intersect higher-grade oxide copper-gold mineralisation hosted in units conducive to the possibility of In-Situ Recovery (“ISR”)
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ALFORD COPPER PROJECTS
The acquisition phase of the low-impact, ANT surveys are now complete and clearly delineate low-velocity, weathered ‘troughs’ that host the oxide copper-gold- REE mineralisation within the Alford Copper Belt
Thor will acquire a further 29% interest in the Alford East Copper Oxide Project, covering portions of EL6255 and EL6529, taking Thor’s interest to 80%
Thor Energy Plc is pleased to provide investors a chance to view the presentation titled “New Green Economy: Uranium Focus”, delivered by Nicole Galloway Warland, Managing Director on the 2nd of November 2023.
Low-impact, ANT surveys are now underway at the Alford East copper-gold Project using EXOSPHERE BY FLEET® technology
The South Australian Government has approved the first stage of in-ground work on the Kapunda copper In-Situ Recovery (“ISR”) project, South Australia.
A new partnership between Thor Energy and Fleet Space Technologies will accelerate mineral exploration using Fleet’s EXOSHERE BY FLEET® technology