HIGHLIGHTS
Significant REE drill intercepts (>500ppm TREO1) include:
21AED005:
• 36.7m @ 1568ppm (0.16%) TREO & 1.2% Cu from 6.3m,
o including 11.8m @ 2095 ppm (0.21%) TREO and 1.2% Cu from 10m, and
• 11m @ 2088ppm (0.21%) TREO and 0.8% Cu from 47m,
o including 2m @ 5042ppm (0.5%) TREO from 47m
21AED002:
• 11.6m @ 1699ppm (0.17% ) TREO and 0.26% Cu from 30.4m
o including 6.1m @ 2262ppm (0.22%) TREO from 34.0m
21AED001:
• 16.8m @ 1721ppm (0.17%) TREO and 0.5% Cu from 91.4m
21AED006:
• 29m @ 959ppm (0.1%) TREO from 20m, and
• 6.1m @ 1171ppm (0.12%) TREO and 0.1% Cu from 81m,
o including 1.7m @ 3139ppm (0.31%) TRE0 from 84.3m
21AED004:
• 13.1m @ 1366ppm (0.14%) TREO and 0.5% Cu from 42.8m,
o including 1.4m @ 2274ppm (0.23%) TREO from 35m
21AED007:
•15m @ 961ppm (0.1%) and 0.12% Cu from 13m
o including 1.0m @ 2213ppm (0.22%) TREO from 19m
• A REE review has revealed that eight out of nine of the 2021 diamond drill holes intersected wide zones of highly enriched REE’s in kaolin altered, copper rich oxide zones of IOCG style mineralisation.
• Mineralisation is open over a ~5km trend as none of the remaining historical drilling at Alford East, to the best of the companies knowledge, has ever been assayed for REE’s.
I am absolutely delighted to report these thick zones of shallow, high-grade REE intercepts, found to be associated with oxide copper-gold mineralisation at the Alford East Project.
This batch of results compares very favourably in terms of depth, thickness and grade to its peer group in the fledgling Australian REE sector.
Importantly, this discovery has significant potential to be a large deposit based on the ~5km lateral extent of the north-south trending, structurally controlled troughs hosting IOCG mineralisation. It is promising that aside from the nine 2021 diamond drill holes reported today, none of the other historic drilling at Alford East is known to have ever been assayed for REE content.
Priority drill programme design is underway in conjunction with detailed geochemical reviews of the historic drilling, along with further studies on the nature of the REE mineralisation encountered to date.
WATCH: Managing Director Nicole Galloway Warland talk to Thomas Warner from Proactive about the latest news, including the potential high-grade rare earth (REE) discovery at Alford East Copper Gold Project which she describes as a “potential gamechanger.”
ABOUT THE
ALFORD COPPER PROJECTS
LATEST
NEWS
Key Environmental Approvals Granted At Kapunda Copper ISR Project
The South Australian Government has approved the first stage of in-ground work on the Kapunda copper In-Situ Recovery (“ISR”) project, South Australia.
Fleet Space Technologies Collaboration at Alford Copper-REE Project
A new partnership between Thor Energy and Fleet Space Technologies will accelerate mineral exploration using Fleet’s EXOSHERE BY FLEET® technology
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.
High-grade Rare Earth Discovery at Alford East Project, South Australia
A REE review has revealed that eight out of nine of the 2021 diamond drill holes intersected wide zones of highly enriched REE’s in Kaolin altered, copper rich oxide zones of IOCG style mineralisation.
Geophysics Delineates Structures that host Copper-Gold Mineralisation at Alford West Copper-Gold Project
An Ambient Noise Tomography (ANT) survey is underway at the Alford West copper-gold Project using ExoSphere by Fleet Space.
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.