Project Highlights:
• Initial drilling confirms the extensive lateral continuity and high uranium prospectivity of the Wedding Bell and Radium Mountain Projects.
• Key grade intersections include:
Groundhog
• 2.1m @ 0.036% eU3O8 from 85m (22WBRA012A), including 0.3m @ 0.14% eU3O8
• 1.2m @ 0.034% eU3O8 from 78m (22WBRA013), including 0.5m @ 0.5% eU3O8
Rim Rock
• 0.3m @ 0.072% eU3O8 from 59.7m (22WBRA014)
Section 23
• 0.5m @ 0.051% eU3O8 from 102.6m (22WBRA002)
• 0.6m @ 0.021% eU3O8 from 92.4 m (22WBRA011), and
• 0.5m @ 0.03% eU3O8 from 100m
(eU3O8 denotes that the uranium grade has been determined by downhole gamma logging.)
Photo 1: Downhole gamma logging by Jet West
"As the first company to access and drill test this highly prospective area, the intersection of uranium bearing reduced sandstones at the newly tested Section 23 prospect is exciting to see, as is the continuity of high-grades along strike of historic workings at both at Rim Rock and Groundhog.
We look forward to updating shareholders further on these promising USA assets."
ABOUT THE
USA URANIUM - VANADIUM PROJECTS
LATEST
NEWS
Uranium Drilling Commences at Wedding Bell Project
Drilling has commenced at Groundhog Prospect, on the Company’s 100% owned Wedding Bell Project, located in the uranium-vanadium
mining district of the Uravan Mineral Belt, southwest Colorado, USA.
Drill Preparations Underway At Wedding Bell Uranium Project
On-ground drill site preparations are now underway for our 2024 drilling programs at Rim Rock and Groundhog mine areas, with drilling scheduled to commence in early October
Uranium Drill Approvals Granted, Wedding Bell and Radium Mountain Projects, USA
All approvals and permits have been granted to commence follow-up drilling at Wedding Bell and Radium Mountain projects including Rim Rock and Groundhog Prospects
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.
RIU – Investor Presentation (May 2024)
Thor Energy Plc is pleased to provide investors with a chance to view the presentation slides from the Investor Presentation titled “Uranium Focus”, prepared by MD Nicole Galloway Warland, for the RIU Conference in Sydney.
High Grade Uranium and Vanadium Assays – Wedding Bell and Radium Mountain Projects, USA
Assays return up to 3,0348 ppm (3.0%) V2O5 vanadium pentoxide, with uranium assay grades up to 6,250ppm (0.63%) U3O8, consistent with the high-grade downhole gamma uranium results