Project Highlights
• Field sampling is completed from historical mines around the Wedding Bell and Radium Mountain.
• A total of 21 samples collected include four outcrop samples and 16 samples from historic mining dumps, all of which appear to host uranium and, five outcrop samples which appear to host vanadium.
• Samples have been delivered to the assay laboratory, with results expected to be available later this month.
• Inspection of each of the three project sites have revealed no competing interests or issues likely to prevent future mine development.
• Investigations have revealed that there are no regulatory or environmental issues which would cast doubt on the transaction.
• The mineral claims are all in good standing.
• Project data search has revealed abundant geological and mine production data from
multiple sources.
Mineralised Samples
Our Colorado based team have moved quickly and completed a sampling program from the historical mines around Wedding Bell and Radium Mountain mines, along with other field due diligence activities. Additional historical records of mining and drilling activity in each project area are being acquired, and these will be evaluated as a priority.” “We are very pleased with, what appears to be high grade samples, look forward to the assay results, along with the results of the balance of this due diligence work and will provide further updates on progress as they become available.
- Managing Director Mick Billing
ABOUT THE
USA URANIUM - VANADIUM PROJECTS
LATEST
NEWS
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.