Thor Energy PLC - US and Australia-focused mineral exploration company - At the Alford east copper - rare earth element project in South Australia, says new 3D model shows deeply weathered troughs in areas of unaltered metamorphic were found associated with zones of faulting, deep oxidation and intrusives as depth. Notably, the ambient noise tomography surveys confirm the significance of the prominent north-northeast structure associate with copper oxide mineralisation. "The combined resultant 3D model provides targeted criteria for extensions to existing mineralisation and potential for new discoveries of oxide copper-rare earth element mineralisation," Thor Energy says.
Current stock price: 1.42 pence, closed 2.1% lower on Wednesday in London
12-month change: down 56%
By Tom Budszus, Alliance News slot editor
Comments and questions to newsroom@alliancenews.com
Copyright 2024 Alliance News Ltd. All Rights Reserved.
Thor Energy (THR)