Thor Energy Share News (THR)

Thor Energy Information

Buy THR Shares
Add THR to Watchlist
Add THR to Alert

Share Price Information for Thor Energy (THR)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 1.05

Bid: 1.00

Ask: 1.10

Change: 0.00 (0.00%)

Spread: 0.10 (10.00%)

Open: 0.00

High: 0.00

Low: 0.00

Prev. Close: 1.05

Last checked at -

Thor Mining nears sale completion of Australian gold project

Thu, 09th Feb 2017 08:33

(ShareCast News) - Thor Mining is one payment away from completing the sale of its Australian gold project to PC Gold as it begins conducting drilling programmes at other projects.Following PC Gold's exploration and evaluation of the Spring Hill gold project, its funding partner has now committed to the acquisition, which is expected to complete later in February.Last February, Thor said it would sell the Spring Hill gold project for AU$3.5m, of which AU$1.5m remains for the residual 40% stake in the project which will be later this month.The deal also includes royalties of AU$6 per ounce of gold produced from the Spring Hill tenements where the gold produced is sold for up to AU$1,500 per ounce, and AU$14 per ounce of gold produced where the gold produced is sold for over AU$1,500 per ounce.The AIM-listed company also said that preparations for the scheduled Pilot Mountain drilling programme are complete, and the program will start as soon as weather conditions permit, as unusually heavy snowfall has temporarily held up the start of the programme.Executive chairman Mick Billing said: "The expected final consideration is due this month and this will allow us to conduct some aggressive exploration programs, commencing with the Pilot Mountain drilling program, and to be followed also in the first half of 2017 with drilling at the Dundas gold project".Shares in Thor Mining were up 14.8% to 0.689p at 1024 GMT.

More News

16 Aug 2023 15:47

UK shareholder meetings calendar - next 7 days

Thursday 17 August
Harvest Minerals Ltd	AGM
Quantum Exponential Group PLC	AGM
Windward Ltd	AGM
Yourgene Health PLC	GM and court meeting re takeover by Novacyt
Friday 18 August
Adams PLC	AGM
ME Group International PLC	GM re proposed share buyback
Oxford BioDynamics PLC	GM re placing
Pathfinder Minerals PLC	GM re disposal of the subsidiary
Monday 21 August
Calculus VCT PLC	AGM
Home REIT PLC	GM re changes to the investment policy
Tuesday 22 August
Cake Box Holdings PLC	AGM
ReNeuron Group PLC	AGM
RUA Life Sciences PLC	AGM
Smoove PLC	AGM
STM Group PLC	AGM
Wednesday 23 August
Brandshield Systems PLC	AGM
James Latham PLC	AGM
LifeSafe Holdings PLC	GM re shareholder circular
Momentum Multi-Asset Value Trust PLC	GM re appointment of the liquidators
Sovereign Metals Ltd	GM re share placement options
Thor Energy PLC	GM re proposed share consolidation

Copyright 2023 Alliance News Ltd. All Rights Reserved.

4 Aug 2023 11:25

IN BRIEF: Thor Energy proposes share consolidation to reduce shares

Thor Energy PLC - uranium and vanadium explorer - Calls general meeting on August 23 to seek shareholder approval for a new share consolidation of one share for every 10 existing shares; to issue and allot shares to Spencer Metals Pty Ltd following its acquisition of a 29% interest in a portion of exploration licenses; and an issue of performance shares to directors. Thor Energy says it has a large number of shares on issue, at a disproportionate number relative to its peers.

4 Aug 2023 10:41

AIM WINNERS & LOSERS: Ilika up as inks 10-year manufacturing licence

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

1 Aug 2023 19:45

TRADING UPDATES: Spectral does not expect delay to Rosecliff deal

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

27 Jul 2023 18:22

TRADING UPDATES: Pod Point cuts outlook; CVS Group buys in Australia

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

31 May 2023 14:19

IN BRIEF: Thor Energy initiates surveys to identify mineralisation

Thor Energy PLC - London-based uranium and vanadium explorer - Says airborne magnetic, radiometric surveys begin in its wholly owned uranium and vanadium projects within the Uravan mineral belt in Colorado and Utah, US. The surveys are at Wedding Bell, Radium Mountain and Vanadium King, and are being carried out to identify potential extensions of mineralisation. Expects work to continue for the next six weeks.

26 Apr 2023 19:33

TRADING UPDATES: Thor Energy reports significant drill intercepts

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

26 Apr 2023 13:14

Thor Energy reports positive results from Alford East review

(Sharecast News) - Thor Energy announced new rare earth element (REE) drill results from a review of the previously-announced 2021 copper and gold drilling at the Alford East Project in South Australia on Tuesday.

24 Apr 2023 10:45

Thor Energy confirms vanadium mineralisation at Colorado projects

(Alliance News) - Thor Energy PLC said on Monday assays from its Wedding Bell and Radium Mountain uranium and vanadium projects validate downhole gamma readings for uranium and confirm broader vanadium mineralisation.

24 Apr 2023 09:50

AIM WINNERS & LOSERS: Karelian rises as exploration programmes begin

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

17 Apr 2023 19:43

TRADING UPDATES: BATM reports Edgility progress, Rambler starts sale

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

17 Apr 2023 11:14

Thor Energy upbeat on EnviroCopper survey results

(Sharecast News) - Thor Energy announced on Monday that its 30%-owned subsidiary EnviroCopper (ECL) has completed an ambient noise tomography (ANT) survey at the Alford West Project in South Australia, with successful results.

14 Mar 2023 17:39

EARNINGS SUMMARY: Eagle Eye profit up; Litigation Capital optimistic

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

2 Mar 2023 17:26

Thor Energy says advanced survey technique in use at Alford West

(Alliance News) - Thor Energy PLC on Thursday said its 30% owned portfolio company EnviroCopper Ltd has commenced an advanced geophysical survey technique at the Alford West project in South Australia.

2 Mar 2023 13:22

Thor subsidiary starts using innovative geophysical technique

(Sharecast News) - Thor Energy announced on Thursday that its 30%-owned subsidiary EnviroCopper had begun working on an innovative geophysical technique at the Alford West Project in South Australia.

Latest Share Chat

Thor Energy Share News (THR)

Share Price Information for Thor Energy (THR)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Thor Mining nears sale completion of Australian gold project

Login to your account

Quickpicks are a member only feature

Login to your account