RE: RNS7 Sep 2022 08:02
Nicole Galloway Warland, Managing Director of Thor Mining, commented:
"The Thor team has been busy on the ground at our Ragged Range Project, WA and in the US, at the Wedding Bell Uranium-Vanadium Project, as such we are keen to provide a brief exploration update.
"We are seeing an increase in the uranium price as it becomes clear that many countries, including the UK, USA and Japan, are revisiting nuclear power as a response to rising energy prices driven by the Ukraine war and as a 'green baseload energy' source to meet decarbonization goals. Thor is positioned well as we advance our uranium-vanadium projects and looking forward to the commencement of our upcoming drilling program."