Thor Mining PLC - Australia-focused exploration and development company - Identifies three priority targets for drilling at wholly-owned uranium-vanadium Wedding Bell & Radium Mountain project in Colorado. Says drilling at Wedding Bell project to start in May.
"With uranium prices at current levels, we are pleased to be in a position to commence drilling at our Colorado uranium-vanadium project once permitting is complete. Based on the historic mining in the region and our due diligence, we are excited to be testing this prospective area which is known to host high-grade uranium deposits," says Chair Mick Billing.
Current stock price: 0.87 pence; up 6.0% on Thursday
Year-to-date change: up 8.6%
By Greg Roxburgh; gregroxburgh@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Thor Energy (THR)