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Thor Energy starts first airborne survey in 50 years over US prospects

Published 31/05/2023, 08:44
Thor Energy starts first airborne survey in 50 years over US prospects

Proactive Investors - Thor Energy PLC (LON:THRL) has started detailed airborne magnetic and radiometric surveys over its US uranium and vanadium projects - Wedding Bell, Radium Mountain and Vanadium King.

It is the first airborne survey since the late 1970s over the region and the first ever high-resolution survey conducted over Thor's project areas, the junior said.

Data from the surveys will identify prospects in untested areas within the three projects and any potential extensions to known mineralisation.

The work is expected to continue to produce results over the next six weeks.

Nicole Galloway Warland, Thor Energy’s managing director commented: “The data set will expedite our exploration programs, with any significant anomalies to be 'ground checked' and prioritised for drill testing.

"Drill permitting is underway for our next round of drilling at Wedding Bell, following up on our 2022 drilling results."

Read more on Proactive Investors UK

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