The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
A Paul Johnson company. He was a director of Thor & was pushing Pilot Mountain, so he knows the history of the resource. Be interesting to see what comes of it.
Encouraging High Grade Copper & Gold
Project highlights:
? An exceptional high grade copper intercept over a wide interval:
21AED005 72.7m @ 1.0% Cu and 0.19g/t Au from 6.3m, including
18.2m @ 2.0% Cu and 0.34g/t Au from 15.8m
? As announced last week, other significant copper-gold intercepts include:
21AED001 32.9m @ 0.4% Cu and 0.31g/t Au from 81.5m, and
5m @ 0.5% Cu and 1.02g/t Au from 102m (previously reported
THR:ASX Announcement 25 August 2021)
21AED002 59.9m @ 0.31% Cu from 21.9m (previously reported THR:ASX
Announcement 25 August 2021)
? Significant pXRF copper readings (to be confirmed by laboratory assays) including:
21AED004 50m @ 0.45% Cu from 6m (pXRF) (Previously reported THR:ASX
Announcement 25 August 2021)
? Remaining assays expected over the coming weeks.
Nicole Galloway Warland, Managing Director of Thor Mining, commented:
“The newly discovered broad zone of high copper and gold grades from near surface in
21AED005, combined with the significant intercepts in 21AED001 and 21AED002 takes
this oxide mineralised system to a new level, reporting values well above the Mineral
Resource Estimate grades.
The confirmed uplift in copper and gold grades along the controlling NNE structure
continues to excite and exceed Thor’s expectations. We look forward to testing this
structure in areas open along strike, to the north and south.
Pump testing scheduled for start of September will further advance the In-Situ Recovery
(ISR) ‘proof of concept’ hydrometallurgical assessment.
Exciting times ahead as we await final assay results from this drilling campaign and
commence the ISR for copper and gold baseline studies.”
Latest interview in Mining Weekly https://twitter.com/ThorMining/status/1430681460315496451?s=19
My buy showing as a sell.
Busy for months coming up for Thor.
https://twitter.com/theminingmaven/status/1423602918616354819?s=19
Ray Ridge is also on their board.
Sounding confident on up coming assay results from Alford East.
https://twitter.com/GallowayWarland/status/1414910475465203713?s=19
Why?
Latest tweet from Nicole explaining drilling program at Alford East.
https://twitter.com/ThorMining/status/1404704008799928323?s=19
They did forewarn us that drilling was about to start in June. FOMO kicking in now I guess. Exciting times for long suffering Thor shareholders.
You're forgetting the drilling planned for Molyhil too MP. ;-)
Another good rise today on the OTCQB, currently up 46%.
Up 118% on OTCQB https://uk.finance.yahoo.com/quote/THORF?p=THORF&.tsrc=fin-srch
Paddy's tweet says drilling will start next month. https://twitter.com/paddygall1/status/1398189503391612931?s=19
There should be at least one more RNS this week to confirm drilling has commenced at Ragged Range & the results of the sampling work they did earlier to confirm where they were going to drill. But hey this is Thor anything can happen.
Stirling Prospect is part of Ragged Range which is 100% owned by Thor, so not sure why Pilbara Goldfields are named on the co funding agreement.
Did some digging (pardon the pun)
The WA co funding award looks like its gone to Pilbara Goldfields Pty (think they are a subsidiary of Thor) #32 on the list of Successful Applicants Co-funded exploration drilling R23, 2021-22 successful applicants & Co-funded exploration drilling R23, 2021-22 locations map of WA . http://dmp.wa.gov.au/Geological-Survey/EIS-Government-co-funded-1433.aspx
And this is how you do it. https://twitter.com/Glintpay/status/1395669446421794816?s=19
I see Glint are doing some crowd funding. Is this why Tally are holding back?
https://twitter.com/Glintpay/status/1395396667667582976?s=19
I think there's been a gradual change of the board over the last year or so which had got to be a good thing. You have Artemis as a major shareholder, so don't think they would be happy with the status quo. Let's see how it pans out over the next 3 months. Those Black & Deckers are long gone imo.