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THB - Thunderbird Resources

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The VAL share price continues to slowly creep up. This from the last Quarterly Activities Report:

The June Quarter will see the completion of the data interpretation of the airborne survey including potential new targets and the planned commencement of on groundwork at Hook Lake. Desktop studies including the review of historical data will be undertaken on the Peruvian Copper Projects and the Canadian Uranium Projects.
Click to expand...

Not a huge amount of activity this quarter so the price action is most likely due to the increasing interest in the uranium sector.
 
Valor resources announced Yeaterday;

V a l o r R e s o u r c e s L i m i t e d VAL

HIGH-GRADE URANIUM-RARE EARTH-SILVER-LEAD RESULTS
FROM HOOK LAKE FIELD PROGRAM H IG H L IG H T S

 Sampling results from the Hook Lake (Zone S) prospect returns:
 59.2% U3O8, 499g/t Ag, 5.05% TREO, 14.4% Pb (Float)
 TREO includes 11,797ppm Nd2O3 + Pr6O11 and 1,825ppm Dy2O3
 57.4% U308, 507g/t Ag, 3.68% TREO, 14.5% Pb (Rock Chip)
 TREO includes 8,562ppm Nd2O3 + Pr6O11and 1,676ppm Dy2O3
 46.1% U3O8, 435g/t Ag, 2.88% TREO, 8.8% Pb (Rock Chip)
 TREO includes 7,054ppm Nd2O3 + Pr6O11 and 1,139ppm Dy2O3
 6.92% U3O8, 0.81% TREO, 2% Pb (Rock Chip)
 6.42% U3O8, 1.17% TREO, 1.8% Pb (Rock Chip)

 Anomalous rock chip results also returned from West Way prospect with up to 0.64%
U3O8 and Molybdenum assays of 3.4% and 1.9%
 Project wide review of rare earth and molybdenum potential currently being undertaken
 Follow up field program planned to finalise and prioritise targets ready for drill testing
 
Expected to rise this morning after Tuesdays news, bringing the buyers in but hasn't moved a inch siting on 1.2c. Estimated fair Value is 1.4c today. Chasing 52 wk nigh of 1.8c. Market Cap 35m. I guess not enough clarity..
 
Starting to move in consolation, the buyers are still inform. Up 27% today today to 1.4c. Fair value 1.5c for the day?

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I call this one a hot digger because its prospects appear Interesting and sound promising for the future. With two projects ongoing. Val consolidating its price at the moment sitting on a high influx in Volume these past few days since Tuesday when announced some of their findings. Done a bit of digging, into this one and find it quite substantial, as it compounds into some thing good. Some links that help explain there fortune and excellent, survey and sampling results, conclude Valor as very promising indeed;

www.proactiveinvestors.com.au

Valor Resources highlights high-grade copper and silver results from Peru

Valor Resources Ltd's (ASX:VAL) George Bauk talks Proactive's Andrew Scott through multiple significant channel and rock chip sample results from its...
www.proactiveinvestors.com.au

www.proactiveinvestors.com.au

Valor Resources upbeat as samples return up to 6.13% uranium and 61.7% copper in Canada

Deep Dive - Valor Resources Ltd
www.proactiveinvestors.com.au
 
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Val Certainly not exhausted, jump this morning to 2.2c, giving me high expectations for the week. Mining Uranium in Canada...

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Uranium Goldie takes a nose dive. URA Global X Uranium ETF. Take down yesterday and again today, hoping it can hold up and Uranium to bounce back. A well congested stock with a lot of backers, is Uranium crashing....
 
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On April 9th, 2024, Valor Resources Limited (VAL) changed its name and ASX code to Thunderbird Resources Limited (THB).
 
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