THR - Thor Energy reveals validating high-grade results from uranium drilling program
(NewsDirect)
Thor Energy PLC (AIM:THR, OTCQB:THORF,ASX:THR) Managing Director Nicole Galloway-Warland speaks to ThomasWarner at the Proactive London studio after the uranium and energymetals-focused exploration company released uranium results from itslatest drilling at the Groundhog prospect at the Wedding Bell andRadium Mountain projects in Colorado.
Galloway-Warland describes the results as both exciting andvalidating for the project, noting recent strength in uranium spotprices. She goes on to highlight the discovery of 2.7% uranium fromdownhole gamma at their sites, emphasising the potential of theseshallow, high-grade areas. Looking ahead, the company has sent assaysto Canada for further analysis and is expecting results by January.These will not only provide more information on uranium but also onvanadium.
Thor Energy's future plans include designing aninfill and extension program, with the intention of resuming drillingearly next year. Warland reflects positively on the year for ThorEnergy, describing it as a period of consolidation and planning,capped off by a successful drilling program.
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