Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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I asked Enviro Copper if they had been asked to work on the Uranium project. They say its more expensive and not really their business model. They are fully focused on Copper ISR. Cheaper & more environmentally friendly.
I asked Nicole about Co funding for Ragged Range drilling which was mentioned in her Rooster Talk earlier this month.
Below is Nicole's reply via twitter.
"Yes Thor was successful with our WA Ragged Range drilling grant. Grant of $160,000."
https://twitter.com/GallowayWarland/status/1395306685011435527?s=20
Trek. Good post.
I think Nicole said in her interview the ISR technique already been in use for Uranium if i remember correctly.
Time to load up here now i think. Mcap not going to stay low at £16m forever with 3 hot commodities projects getting underway with lot more news to come.
5eights
Gervais Heddle getting his feet under the desk ?
Is he joing Thor ?
Sorry, I might have missed that news.
@ trek.... thanks for that posting. I was a little vague on ISR, but that video was very simple and easy to understand. Really helped.
Gut reaction tells me it’s a no brainer for future mining techniques.
Do you know or aware if they are able to collect just as much of the “said” metals as they would in more traditional methods? It “sounds” too good and easy despite proven hence my thoughts on retrieval comparatives.
A strong endorsement on the ISR copper project! There's a lot of value here...
No great shakes but a pointer in the right direction. SP reacts on figures or suitors ready to maximise any legitimate positive mineral findings. $300k in real business terms is a drop in the ocean. But, forever truly thankful.
Imo it’s not the end game here for THR in terms of grants/govt support.
The A$300k grant is a decent lump for one company. It works out to around 200k for each of the 22 companies but we got 50% more. Imo that is because the govt are keen to trial the new technology because it has higher recovery rates than traditional mining methods and a much lower environmental footprint. It also provides a faster route to market = faster tax revenues.
If Thor’s trial is successful it will become a paradigm for others.
If you haven’t familiarised yourself with ISR it’s worth going through this presentation. Note the chemicals are also FDA approved!
https://www.enviroleach.com/conventional
Trek
Yes and just wait until the Summer when Gervaise Heddle gets his feet back under the desk again !!
:))
NM
1.20 - 1.40 could be here soon.
Excellent news today. Already got over 400,000 tonnes of copper with lot more to come.
Ragged range and Uranium/ Vanadium drilling to commence also. THOR active on 3 key projects with all commodity prices on the rise.
This is significantly Undervalued at this low Mcap.
1.20 - 1.40 could be here soon.
Excellent news today. Already got over 400,000 tonnes of copper with lot more to come.
Ragged range and Uranium/ Vanadium drilling to commence also. THOR active on 3 key projects with all commodity prices on the rise.
This is significantly Undervalued at this low Mcap
Agreed chub...
End of day should see Thor with a healthy support of the penny if not 1.05 with sights on price being up at 1.10. Looking ahead to encroach the 1.2 regions
The charts from what I see are shouting this out irrelevant of the very welcome news today so all the better for it.
ooooooooh
Great news. This should send the SP over 1p again
It all helps and that's a big lump of land !!
https://www.thormining.com/sites/thormining/media/maps/21-001-4-ae-mre-%E2%80%93-location.jpg
Nicole Galloway Warland, Managing Director of Thor Mining, commented:
"This is a fabulous result for Thor and its shareholders as it validates the high-quality Alford East Project. The successful grant is a strong endorsement of the technical merits of the project by the South Australian Government.
The Alford East Project is an exciting opportunity for Thor shareholders at a time of record copper prices.
The $300,000 funding will significantly expediate our exploration and development program for the Alford East ISR Project, with diamond drilling commencing shortly with the objective to increase the resource size and commence hydrometallurgical studies.
We acknowledge and thank the Department of Energy and Mining (DEM) and the SA Government for this positive exploration initiative."
Up 21.1%
Yep.Gold up at 1883 as I type,THR sp down.
H
True, But there are lot who are millionaires in Crypto.
Its sad to watch when you know how some folks will be feeling today
Crypto is Crashed Today all traders will now look for good companies, money will flow here as it's getting attention.