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Lol !
There are rare earths at Kapunda. It's all standard stuff from Thor.
Some of the metals discovered by Billing & co over the past 10 years that have led to nout.
Tungsten , molybdenum, copper , gold , vanadium , uranium, , nickel , etc.. now you can add rare earths... If this rises a little the placing flippers will be getting out to let the mugs in .
The Bishop makes no comment!
the bashers,will be quiet today..imo
The bashers will be looking for some other excuses
A good day indeed, I am pleased by the recent news ref the kaolin as well as the rare earth surprise because they are bonus materials that will contribute to the profitability of the site. I bought here as a gold and copper play, the uranium, rare earth and kaolin are interesting and possibly quite profitable sidelines.
'the bashers,will be quiet today..imo'
So hard not to 'bash' but at the same time difficult to really make anything of todays news, yes it is a positive though.
I still want to hit my entry price around 1p and consider my options, more positive news flow required.
https://twitter.com/GallowayWarland/status/1651143594189922305?s=20
If its ionic mineralization then 1% is high grade.
Dyor
Well, you're certainly right about something bsg4-that is difficult to read. But thanks anyway. Anyone else have any comment on my question? At least the SP has perked up a bit here which is more than can be said for the ASX price.
Deposit Tonnes (Mt)TREO(%)TREO(Kt)COG(%TREO)Category Status Target By-prods Type Ref
Mountain Pass 16.7 7.98 1333 5.0 OR P REO C 1
Mt Weld 9.7 11.7 1135 4.0, 7.0 OR P REO CS 2
Mt Weld 23.9 7.9 1888 2.5 MIF P REO CS 2
Bayan Obo 48 6 2880 ? ME P REO Nb C 3
Mianning 17 3 510 ? ME P REO C 3
S China IO Clays 10? 0.05-0.210? ? ME P HREO IO 3
Kangkankunde 2.52 4.2 107 3.5 F E REO C 4
Nolans 47 2.6 1222 1.0 MIF FS REO P2O5 U3O8 C 5
Charley Ck 805 0.029 235 $Value IF E REO A 6
Nechalacho Basal 109 1.59 1735 $Value MI FS REO Zr, Nb, Ta A 21
Nechalacho Basal 160 1.38 2212 $Value F FS REO Zr, Nb, Ta A 21
Hoidas Lake 2.56 2.4 61 1.5 MI E, PEA REO P2O5 AP 8
Kvanefjeld 956 1.08 10325 150 ppm
U3O8
IF FS U3O8 REO & Zn ALK 9
Cummins Range 4.90 1.74 85 1.0 F E REO P2O5 U3O8 C 10
Milo 187 0.061 114 0.03 F E REO 11
Ngualla 195 2.26 4407 1.0 MIF FS REO C 12
Ngualla 20.7 4.54 940 3.0 OR FS REO C 7
Ngualla 21.6 4.54 981 3.0 MIF FS REO C 7
Steenkampskraall 0.67 14.0 94 1.0 MIF PEA REO I/MV 14
Eco Ridge 59.3 0.16 95 $Value IF FS U3O8 REO CON 15
Bear Lodge 13.4 3.23 433 1.5 MI PEA REO AI 16
Sorry, very difficult to read but these are all way higher than <1%.
News like this will get it back over 1p just wait until a major knocks on their door.
NGW says " high grade", bsg4 says "not that great". What's the truth? Is this really good news or more of the same from THR?
Anymore placings and we will be worthless. There is always hope.....
1.5% cut off for REE. So their results not that great, room for improvement.
Lucky, that should allow them to get another placing away.
https://www.proactiveinvestors.co.uk/companies/news/1013287/thor-energy-identifies-high-grade-rare-earths-at-alford-east-1013287.html
the bashers,will be quiet today..imo
Not too far from a city, not too deep, abundant rare earth elements, kaolin plus a bit of copper!
Happy Days!
Nicole Galloway Warland, Managing Director of Thor Energy, commented:
"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."
@Scorpio2
I said it elsewhere we picked the wrong name, we should be Thor Drilling!
Https://www.proactiveinvestors.com.au/companies/news/1013003/thor-energy-confirms-significant-vanadium-and-uranium-at-wedding-bell-and-radium-mountain-1013003.html
Maybe time some majors will be taking an interest
Nothing has happened to the 'historical drilling'. That's the whole point.
Placing , salaries, drill, placing , salaries, drill , placing , salaries, drill, placing, salaries, drill, placing, salaries, drill ,
That's the whole point of Thor. That's why it exists.
'Hi P1D old age, ineptitude'
Easyp2 would have worked better.
Yes THR has moved into an even more high stakes speculative play than ever, what can fail?
Hi P1D old age, ineptitude and a change of email address resulted in the new account and name tag!
I am inclined to throw some serious money at Cameco/CCJ because they are a significant producer of uranium and jointly own Westinghouse so they also have a processing side to the business. THR, I got carried away by one of the RNS and dabbled foolishly.
What has happened to all the historical drilling we did under the Billing era, can’t be bothered to look back over all the rns’s! Was it for Pilot Mountain which we gave away?
I don't have any confidence in any story here. It seems in the past they've bought any old claim for peanuts and raised and drilled there. Probably knowing there's nothing worthwhile there. But who knows, they could be lucky. I doubt it though. IMO. Lifestyle company.