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IN BRIEF: Thor Energy finds high-grade uranium intercepts at Groundog
Thor Energy PLC - US and Australia-focused mineral exploration company - Announces high-grade uranium intercepts at Groundhog prospect at the Wedding Bell and Radium Mountain projects,in southwest Colorado. Says the reverse circulation drill programme comprised of 23 shallow holes totaling 2,737 metres. Downhole gamma readings indicated up to 6,885 parts per million of uranium.
Managing Director Nicole Galloway Warland says: "These results confirm our expectations that we would achieve shallow high-grade uranium from the drilling program, highlighting the significant potential and exciting growth opportunities of our Wedding Bell and Radium Mountain uranium projects.
"A sample submission will be sent to the Australian Laboratory Services, in Vancouver, for physical uranium and vanadium assays results. We look forward to updating the market in due course."
Current stock price: 1.69 pence, up 8.7%
12-month change: down 55%
By Sabrina Penty, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.
Latest THR News
- WINNERS & LOSERS: Gelion agrees to collaboration; Sabien receives fees
1 day ago - TRADING UPDATES: Goldstone acquires 50% stake in gold explorer Mincorp
17 Mar 2026 - EARNINGS AND TRADING: DSW takes Iran war hit; System1's record revenue
16 Mar 2026 - Thor Energy shares jump after interim report
16 Mar 2026 - Thor Energy granted two hydrogen exploration applications in Australia
20 Feb 2026 - New Thor venture awarded two South Australia exploration licences
20 Feb 2026 - TRADING UPDATES: Pulsar Helium says US labs verify helium-3 at Topaz
19 Jan 2026 - LONDON MARKET MIDDAY: Stocks sink after Trump renews tariff threats
19 Jan 2026
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(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported...
Thor Energy News
WINNERS & LOSERS: Gelion agrees to collaboration; Sabien receives fees
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday.
TRADING UPDATES: Goldstone acquires 50% stake in gold explorer Mincorp
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
EARNINGS AND TRADING: DSW takes Iran war hit; System1's record revenue
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported...
Thor Energy shares jump after interim report
(Sharecast News) - Shares in Thor Energy spiked higher on Monday after the mining company expressed confidence after the recent restructure of its por...
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(Alliance News) - Thor Energy PLC on Friday said it was jointly awarded two exploration licence applications in Southeastern Australia, along with its...
New Thor venture awarded two South Australia exploration licences
(Sharecast News) - Thor Energy announced on Friday that it has been awarded two new Regulated Substance Exploration Licence Applications in South Aust...
TRADING UPDATES: Pulsar Helium says US labs verify helium-3 at Topaz
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
LONDON MARKET MIDDAY: Stocks sink after Trump renews tariff threats
(Alliance News) - Stock prices in London were lower at midday on Monday, though the defensively weighted FTSE 100 did not fall as much as peers, as le...
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