Project Highlights
- Maiden 2000m drilling program has commenced at the priority Rim Rock, Groundhog and Section 23 prospects within the Wedding Bell and Radium Mountain Projects.
- Drilling will target the prospective ‘Salt Wash’ horizon of sandstone-hosted uranium and vanadium mineralisation at shallow depths (~ 80m) for total drilling up to 2000m.
- Drilling at Rim Rock and Groundhog Prospects is designed to test extensions to high-grade uranium and vanadium mineralisation sampled within and around historic workings of up to 1.25% Uranium (U3O8) and 3.47% Vanadium (V2O5) (THOR ASX, AIM: 21 July 2020).
- A fenceline of drillholes at Section 23 Prospect will be the first holes drilled into this highly prospective area.
- The Wedding Bell and Radium Mountain Prospects are easy to access and close to excellent infrastructure
“Commencement of drilling at the Wedding Bell Project is a significant milestone for Thor. We look forward to testing these shallow, high-grade targets, especially Section 23, where Thor will be the first company to access and drill test this highly prospective area. Short to long term fundaments for nuclear energy are the best in over 50 years, with demand increasing due to climate change carbon emission initiatives, electrification, responses to the global energy crisis exacerbated in Europe by the Russian invasion, and advancements in small modular reactors (SMR). As uranium prices rise and the US looks to secure domestic uranium supply, Thor is in an excellent position to advance this promising US asset.”
ABOUT THE
USA URANIUM - VANADIUM PROJECTS
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High-Resolution Airborne Magnetic & Radiometric Surveys Commence
Detailed airborne magnetic and radiometric surveys have commenced over the Company’s 100% owned uranium and vanadium projects – Wedding Bell, Radium Mountain and Vanadium King, situated within the Uravan Mineral Belt in Colorado and Utah, USA
Investor Presentation – RIU Sydney 2023
Thor Energy Plc is pleased to provide investors a chance to view the presentation titled “New Green Economy: Exploring for Uranium
and Energy Metals”, delivered by Nicole Galloway Warland, Managing Director, at Resources Round Up in Sydney 2023.
Technical Presentation – Geohug (May 2023)
Watch MD Nicole Galloway Warland presentation about the fascinating world of uranium/vanadium exploration and Thor Energy’s Projects in the Uravan Mineral Belt in the USA, where uranium-vanadium mining has produced over 85 million lbs of U3O8 and 660 million lbs of V2O5 over the past century.