WATCH: Learn more about how Thor Energy (ASX/AIM: THR) is using Ambient Noise Tomography surveys to delineate copper mineralisation at the Alford East Project with this Exploration Update featuring Jason Hodge from Fleet Space Technologies.
Highlights
▪ The acquisition phase of the low-impact, ANT surveys are now complete at the Alford East copper-gold-REE Project, using EXOSPHERE BY FLEET® technology
▪ Preliminary ANT models clearly delineate low-velocity, weathered ‘troughs’ that host the oxide copper-gold- REE mineralisation within the Alford Copper Belt
▪ Fleet is currently reviewing the ANT data, integrating the ANT results with Thor’s 3D geological model using Artificial Intelligence (“AI”) and Machine Learning (“ML”) and generating an improved geological model for drill targeting extensions to the troughs that host higher-grade oxide copper-gold mineralisation (ASX/AIM: 4 September 23)
Thor is very pleased with the progress made by Fleet Space Technologies, with the completion of the ANT surveys in a timely and efficient manner, and their preliminary models defining the low-velocity troughs.
As part of the collaboration, Fleet is modelling the data using Thor’s 3D geological model, resulting in a revised geological model to support drill targeting of higher-grade copper and REE mineralisation along strike of our mineral resource estimate and in new zones of the Alford Copper Belt.
We look forward to keeping the market updated as the modelling and interpretation results continue to come in.
We look forward to keeping shareholders updated on the Alford East project, including progress on the ANT Surveys.
NEXT STEPS
2. Target generation from the final 3D Model (November – December 2023)
3. Drill preparations and drilling (Q1 2024)
ABOUT THE
ALFORD COPPER PROJECTS
LATEST
NEWS
Drilling Commences at Alford West Copper ISR Project
The drilling program comprises three water bores for hydrogeological baseline assessment, and subsequent push-pull and tracer testing as part of the first phase of In-Situ Recovery (“ISR”) Site Environmental Lixiviant Trials.
Equity Placing to Accelerate Uranium and Copper Exploration
With the addition of these funds the Company is now in a position to plan for the next phases of exploration at its’ USA and South Australian projects.
Paydirt Article (May 2024)
Thor Energy Plc is pleased to have been featured in the latest issue of Paydirt Magazine.
New 3D Model Highlights Structural Controls on Copper Mineralisation at Alford
The 3D ANT Modelling has provided significant lithological and structural insights. Combining this information with Thor’s dataset has led to an exciting new 3D Model of the Alford East Copper-REE Project, South Australia.
Alligator Energy Invests into South Australian In-Situ Recovery Copper
Thor Energy Plc is pleased to announce a strategic investment by Alligator Energy Limited into EnviroCopper Ltd (“ECL”) to further develop In- Situ Recovery (“ISR”) copper projects. Thor currently holds a 30% equity interest in ECL.
Copper Recoveries Advance In-Situ Recovery Assessment at Alford East Copper-REE Project
Thor Energy Plc is pleased to announce positive metallurgical copper recovery results, advancing Thor’s In-Situ recovery assessment of the Alford East Copper-REE Project, South Australia.