THORF - Thor Energy signs deal for much lower impact environmentally friendly exploration program
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Thor Energy PLC (AIM:THR, OTCQB:THORF,ASX:THR) Managing Director Nicole Galloway Warland speaks to ThomasWarner from Proactive after the uranium and energy metals-focusedexploration company announced a collaboration with Fleet SpaceTechnology to conduct Ambient Noise Tomography (ANT) surveys over ThorEnergy's Alfred East project area.
The partnership promises to provide real-time data with minimalenvironmental impact, reducing the need for extensive drilling. Shesays the deal allows for a The genesis of this partnership came fromthe success of an ANT survey conducted by Fleet Space Technology overThor Energy's Alfred West project. Galloway Warland explains thatthe results were impressive enough to prompt a deepening of therelationship, and Fleet Space Technology have made an equityinvestment of £250,000 in Thor Energy as part of the deal justannounced.
In the coming weeks, Thor Energy and Fleet Space willdeploy geodes that communicate with satellites, commencing the ANTsurveys over the northern portion of the project. Subsequent dataintegration, aided by machine learning and AI, will yield a revised 3Dgeological model. Galloway Warland also gives an overview of ThorEnergy's other current work, highlighting the recent granting ofdrilling permits for its Wedding Bell and Radium Mountain drillingprogrammes in Colorado.
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