Thor Energy Share News (THR)

Thor Energy reports solid Colorado drilling results

(Sharecast News) - Thor Energy announced the successful completion of its reverse circulation drilling programme on Monday, revealing promising downhole uranium gamma results at the Wedding Bell and Radium Mountain Projects in the Uravan Mineral Belt of southwest Colorado.

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Thor Energy completes drilling programme at Wedding Bell project

(Alliance News) - Thor Energy PLC on Wednesday said that it has completed a reverse circulation drilling programme at its fully-owned Wedding Bell and Radium Mountain projects, which are located in the Uravan Mineral Belt in southwest Colorado.

IN BRIEF: Thor Energy shares surge on "significant" uranium find

Thor Energy PLC - US and Australia-focused mineral exploration company - Says drilling has revealed significant uranium mineralisation at its Wedding Bell and Radium Mountain projects in southwest Colorado. Reports up to 3,186 parts per million or 0.32% uranium at the Rim Rock mine along a strike of historic mined-out areas. Says 16 drillholes now complete at the Rim Rock and Section 23 prospects, with uranium mineralisation intercepted in all of them. Drilling will continue at Rim Rock before commencing at the Groundhog prospect. Thor Energy expects the drilling programme to conclude later this month.

IN BRIEF: Thor Energy says Investigator Resources starts Molyhil drill

Thor Energy PLC - London-based, US and Australia-focused mineral exploration company - Says Investigator Resources Ltd starts drilling at Molyhil tungsten project in northern Australia. Thor holds 100% stake in Molyhil. Last year, it executed an AUD8 million, or GBP4.2 million, farm-in and funding agreement with IVR to accelerate exploration at Molyhil.

TRADING UPDATES: Actual Experience appoints administrators

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Thor Energy ups stake in Alford East project to 80pc

(Sharecast News) - Thor Energy increased its stake in the Alford East Copper Oxide Project to 80% on Friday, following the completion of the stage two expenditure obligations.

IN BRIEF: Thor Energy increases stake in Alford East project to 80%

Thor Energy PLC - London-based, US and Australia-focused mineral exploration company - Increases Alford East copper oxide project interest to 80% from after acquiring a further 29% interest from Spencer Metals Pty Ltd. Says Spencer received consideration of AUD250,000, or GBP131,854, in the form of around 9.3 million fully paid Thor shares issued on Friday at AUD0.027 per share. Managing Director Nicole Gallaway says: "As exploration accelerates at our Alford East Copper-REE project in collaboration with Fleet Space Technology, Thor is excited to have completed its stage 2 earn-in resulting in an 80% interest in this highly prospective project. This demonstrates our confidence in the Alford East project and the value we believe it can bring to the company."

IN BRIEF: Thor Energy starts uranium drilling at Colorado projects

Thor Energy PLC - London-based, US and Australia-focused mineral exploration company - Announces commencement of drilling at its 100%-owned Wedding Bell and Radium Mountain projects. Both are located in the Uravan mineral belt in southwest Colorado. Thor says the 4,000 metre drilling programme will target uranium mineralisation along strike of the Rim Rock and Groundhog mines and focus on testing for airborne anomalies. Company will conduct downhole gamma surveys throughout the programme. Drilling is expected to take four to six weeks with completion in late November, with sample analysis results expected in December or January. Says current uranium spot price is USD73 per pound.

Thor Energy surveying underway at Alford East using Fleet Space tech

(Alliance News) - Thor Energy PLC on Tuesday said its mineral exploration partnership with Fleet Space Technologies Pty Ltd has started at the Alford East copper project in South Australia with surveying underway.

EARNINGS: Supply@Me loss narrows; notes strong pipeline

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News:

TRADING UPDATES: Thor Energy fundraise to support drilling activities

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

IN BRIEF: Thor Energy halts Sydney trades due to planned capital raise

Thor Energy PLC - London-based uranium and vanadium explorer - Says trading of its shares on the Australian Securities Exchange in Sydney has been halted, effective Monday. This is in accordance with ASX listing rules due to its plans to raise capital towards funding its exploration activities, particularly towards its "priority" uranium assets. Says the trading of shares on AIM in London is unaffected. The ASX trading halt will remain in place until the earlier of Wednesday or a further release by the company, Thor Energy says.

Thor Energy hails government approval for testing at copper project

(Alliance News) - Thor Energy PLC on Wednesday celebrated after the South Australian government approved the first stage of in-groundwork at Kapunda, the firm's in-situ recovery project.

Thor Energy partners with Fleet Space for mineral exploration

(Alliance News) - Thor Energy PLC on Monday said it will collaborate with Fleet Space Technologies Pty Ltd to carry out ambient noise tomography surveys at the Alford East Copper-REE project in southern Australia.