INVESTOR UPDATE

High-Resolution Airborne Magnetic & Radiometric Surveys Commence

Helicopter-borne Magnetic and Radiometric Survey over historical uranium workings at the Wedding Bell Project
Read the full ASX release
The directors of Thor Energy (AIM, ASX: THR, OTCQB: THORF) are pleased to announce the commencement of detailed airborne magnetic and radiometric surveys 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


HIGHLIGHTS

  • The aeromagnetic and radiometric data will advance exploration over untested areas within the three projects and identify any potential extensions to known mineralisation. The work is expected to continue to produce results over the next six weeks. 
  • Drill permitting has commenced for follow-up drilling from the successful 2022 Program, at Rim Rock, Groundhog and Section 23, Wedding Bell Project. 
  • This is the first airborne survey since the late 1970s over the region and the first high-resolution survey conducted over Thor’s project areas.

We are pleased to announce the commencement of these high-resolution aeromagnetic and radiometric surveys, across all three of Thor’s 100% owned uranium and vanadium projects. The data set will expedite our exploration programs, with anomalies to be “ground checked” and prioritised for drill testing. Drill permitting is underway for our next round of drilling at Wedding Bell, following up on our 2022 drilling results

Read the full ASX release

ABOUT THE

URANIUM-VANADIUM PROJECTS

Thor Energy holds a 100% interest in three uranium-vanadium projects in the highly prospective Uravan Mining Belt on the border of Utah and Colorado. The Wedding Bell Project and the Radium Mountain Project are both in Colorado and comprise of 199 mineral claims over areas of historical high grade uranium and vanadium production. The Vanadium King Project in south-east Utah comprises of 100 mineral claims, approximately 40km north of the town of Moab.

LATEST

NEWS

Uranium Drilling Approvals Granted

All approvals have been granted for drilling at the Wedding Bell and
Radium Mountain Projects, located in the historic uranium-vanadium mining district within the Uravan
Mineral Belt, southwest Colorado, USA

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Uranium Targets Identified

Thor Energy Plc is pleased to announce the positive results from the recently completed heliborne magnetic and radiometric surveys over the Company’s 100% owned uranium and vanadium projects.

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Global Mining Review Article – The Power Of Uranium

In this Global Mining Review article Nicole Galloway Warland, Managing Director, Thor Energy Plc, explores the current challenges facing nuclear fuel supply, and how the complex combination of supply and demand factors mean that Uranium miners operating in friendly juristictions are certain to benefit.

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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.

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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.

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