The directors of Thor Energy Plc (“Thor” or the “Company”) (AIM, ASX: THR, OTCQB: THORF) are pleased to announce the commencement of an advanced geophysical technique at the Alford West Project, South Australia, by 30% owned EnviroCopper Limited (“ECL”).
HIGHLIGHTS
- An Ambient Noise Tomography (ANT) survey is underway at the Alford West copper-gold Project using ExoSphere by Fleet Space.
- Lightweight battery-powered sensors measure naturally occurring seismic vibrations to detect variations in density of the underlying rock units. Subsequent drilling can then be focused on areas with low density contrast which have been shown to host oxidised copper mineralisation amenable to potential In-Situ Copper Recovery (“ISCR”).
- The use of the ExoSphere technology has the potential to significantly improve exploration efficiency in both time and cost, and lead to improved drill targeting. This will result in fewer drillholes, lower environmental impact and reduced time on the land.
- This innovative geophysical survey technique is partially funded (up to A$30,000) by the South Australian government Accelerated Discovery Grant awarded to ECL.
- Survey results are anticipated in late March 2023.
Photo Plate 1: Deploying sensors (Geodes) at Alford West, note the minimum surface disturbance.
We are pleased to announce the commencement of this low-impact ANT geophysics survey over the Alford West copper-gold Project.
This survey aims to create detailed subsurface maps which will assist targeting areas of potential oxide copper mineralisation within the Alford Copper Belt, hence reducing and focusing further drilling programs.
The use of the ExoSphere technology has enabled us to be more efficient in our exploration and we will start to see those benefits come to fruition in the upcoming months.
ABOUT THE
ALFORD COPPER PROJECTS
LATEST
NEWS
Investor Presentation – PDAC 2023
The directors of Thor Energy Plc are pleased to provide investors a chance to view the presentation titled “Powering The Future”, delivered by Nicole Galloway Warland, Managing Director, at PDAC 2023, the leading mineral exploration and mining convention in Canada.
Geophysics Commences at Alford West Copper Project
An Ambient Noise Tomography (ANT) survey is underway at the Alford West copper-gold Project using ExoSphere by Fleet Space.
Commencement of Copper Recovery Trials at Kapunda Copper ISR Project
Thor is pleased to advise that pump testing and a tracer test, followed by in-situ lixiviant trials have commenced at the Kapunda Copper ISR Project in SA
Technical Presentation – AusIMM Technical Lunch, Adelaide
Managing Director Nicole Galloway Warland gave this technical presentation focussing on the Alford Copper-gold projects at the AusIMM Technical Lunch in Adelaide.
Favourable Hydrogeology Results at Alford East Copper-Gold ISR Project
Thor has received favourable results from our initial pump test for preliminary hydrogeological assessment at the Alford East Copper-Gold Project
High grade copper drilling results at Alford East Copper-Gold ISR Project, South Australia
Thor has recieved further significant copper and gold intercepts from the recently completed initial diamond drilling program at the Alford East Copper-Gold Project, SA