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THR - Thor Energy

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Have jumped back in today.
Had exited on the big bar day late October.
Don't forget, Thor is dual listed on the AIM also.

 
Mickymouse said:
Curious ...
What's your latest intake on this stock? Its more than doubled since your last post. Checked the volume today 80 mil? What's going on there?
Click to expand...
Still holding a residual holding from it popping to 0.04 or so months ago.
My broker shows 4 million traded today? (ASX) Not sure if it traded more on Chi -X ?

Not really following to be honest. Have taken silly profits from it so left some in as a free carry on the hope it goes stupendous one day
Cheers.
 
Quite a bit of movement today on low relative volumes.
Supply fairly tight. Interesting.
Do you have any thoughts @Mickeymouse ?

I particularly like Thor for the double prong of Uranium and Gold interests.
Gold price should maintain and rise and uranium is hot again.
Happy to hold on a long term basis, and see where it's at every 6 months or so.
 
I like the base, Been going side ways since it's last gap up in Oct/nov... maybe will have a leg up soon but wouldn't mind waiting to have a few days up first. In October most recent support level .015
 
frugal.rock said:
I particularly like Thor for the double prong of Uranium and Gold interests.
Gold price should maintain and rise and uranium is hot again.
Happy to hold on a long term basis, and see where it's at every 6 months or so.
Click to expand...
Interesting movements and volumes, no?
Intraday spike today up to 0.025

 
With some recent volatility have chosen Thor for June comp.
Probably a bit early based off drilling starting?
Still holding.

From 21/5/21 announcement;
"Potential to grow the Alford East copper-gold Mineral Resource Estimate remains along strike and at depth (Figures 2).
Historic aircore and reverse circulation drilling within the project area stopped within the
mineralised oxide copper-gold zones with only limited deeper diamond holes continuing through the oxide copper mineralization.
A 2,000m diamond drilling program is scheduled to commence late May, designed to
follow up on the depth extent of the oxide mineralisation, adjacent to these mineralised diamond holes.
In addition, drill holes will be placed along strike of the eight identified mineralised zones to confirm strike extent and continuity of the mineralization"

 
Announcement today.

NORTHERN TERRITORY GOVERNMENT FUNDING $110,000
Molyhil Tungsten-Molybdenum Project, Northern Territory

The directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR, OTCQB: THORF) are pleased to announce the successful application of the Molyhil Project as part of Round 14 Geophysics and Drilling Collaborations (GDC) program.

Project highlights:
▪ Thor Mining awarded A$110,000 from the Northern Territory Government as part of the Resourcing the Territory, Geophysics and Drilling Collaborations (GDC) program,

▪ Thor’s Molyhil Project was one of eighteen successful projects to receive funding in Round 14 of the exploration initiative,

▪ These funds will be applied towards drill testing recently identified magnetic targets adjacent to the mineralisation at Molyhil tungsten-molybdenum
deposit,

▪ Diamond drilling program to commence September Quarter 2021.

Nicole Galloway Warland, Managing Director of Thor Mining, commented:
“This is another fabulous result for Thor and its shareholders.
The successful grant is a
strong validation by the Northern Territory Geological Survey of the prospectivity of the magnetic targets identified at Molyhil.
We acknowledge and thank the Northern Territory Geological Survey and the NT Government for this positive exploration initiative.
This is the third successful government grant Thor has received this year, towards co-
funding of our upcoming 2021 drilling programs: three grants for three different projects
in three different states.

June will be a busy month with drilling commencing at Alford East Project, SA next week,
followed shortly thereafter at our USA Uranium Project and Ragged Range gold Project.
WA”
 
DRILLING COMMENCES
Alford East Copper-Gold ISR Project, South Australia

The directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR, OTCQB: THORF) are pleased to announce the commencement of drilling at Alford East Copper-Gold Project, SA.

Project highlights:
▪ 2000m diamond drilling program has commenced,

▪ This drilling program focuses on depth extension and structural delineation of the northern mineralised domains of the Alford East copper-gold deposit (Figure 1),

▪ Thor Mining awarded A$300,000 from the South Australia Government under the Accelerated Discovery Initiative (ADI) which will be partially used for resource drilling,

▪ Core and water samples will be collected for hydrometallurgical test work as part of the In Situ Recovery (ISR) assessment process.


I took a screenshot of current month comp, because as they say, "take a photo, it will last longer..." ?

 
Announcement yesterday.

HIGH GRADE COPPER
DRILLING RESULTS

Alford East Copper-Gold ISR Project, South Australia

The directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR, OTCQB: THORF) are very pleased
to advise of further significant copper and gold intercepts from the recently completed initial diamond drilling program at the Alford East Copper-Gold Project, SA.

Project highlights:
▪ An exceptional high grade copper intercept over a wide interval:
21AED005 72.7m @ 1.0% Cu and 0.19g/t Au from 6.3m, including
18.2m @ 2.0% Cu and 0.34g/t Au from 15.8m

▪ As announced last week, other significant copper-gold intercepts include:
21AED001 32.9m @ 0.4% Cu and 0.31g/t Au from 81.5m, and
5m @ 0.5% Cu and 1.02g/t Au from 102m (previously reported
THR:ASX Announcement 25 August 2021)

21AED002 59.9m @ 0.31% Cu from 21.9m (previously reported THR:ASX Announcement 25 August 2021)

▪ Significant pXRF copper readings (to be confirmed by laboratory assays) including:
21AED004 50m @ 0.45% Cu from 6m (pXRF) (Previously reported THR:ASX
Announcement 25 August 2021)

▪ Remaining assays expected over the coming weeks.


Still hodling.
 
frugal.rock said:
Announcement yesterday.

HIGH GRADE COPPER
DRILLING RESULTS



Still hodling.
Click to expand...

Presentation out this am and they've pointed out their uranium/vanadium prospect in the US. Probably one of the very few companies with a slight sniff of yellow cake not to have reacted. Haven't looked into it at all. Should I Mr Rock?

 
Sam
Same here mate noticed this yesterday after the investor presentation and jumped on THROA at 1.2c for some extra leverage. Seeing Frugal here gives me extra confidence! With so many SOI I usually steer clear of these companies but after reading up on what Thor are doing there appears to be minimal downside risk from this level, and now that the volume arrived hopefully it can push through a few old resistance levels in the next few weeks. Those Copper hits on there own were quite mouth watering.
 
kennas said:
Haven't looked into it at all. Should I Mr Rock?
Click to expand...
I think that might always be a good idea Mr Kenna?
From way back, Bannerman and Thor were stocks I was trading under the uranium umbrella.

Most speccies I buy aren't by the chart, I do a little FA digging.
However, I often miss anything on financials, and nearly every week I find myself removing a ticker or 2 from the ~150 stocks in watchlists as they are on zero, gone, taken over, whatever.
Risk and trade management can not be understated.

Good luck with your trade/s or investment.
 
Over 45m of Tungsten-Molybdenum-Copper Mineralisation Intercepted
Molyhil Project,
Northern Territory

The directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR, OTCQB: THORF) are pleased to announce that the second hole in the diamond drilling program (21MHD002) intercepted scheelite, molybdenite and chalcopyrite mineralisation within a magnetite skarn, at the
Molyhil tungsten-molybdenum-copper Project in the Northern Territory.

Project highlights:
▪ 21MHDD002 intercepted over 45m of disseminated scheelite-molybdenite- chalcopyrite mineralisation in a massive magnetite-rich skarn.

▪ Drilling confirmsthat the newly identified magnetic target to the south of the Molyhil deposit is a continuation (possibly offset) of the Molyhil deposit tungsten-molybdenum-copper mineralisation.

▪ Based on the success of the second drillhole, a third hole is now underway, designed to target the projection of the 21MHDD002 mineralisation down plunge.
 
On January 23rd, 2023, Thor Mining PLC changed its name to Thor Energy PLC.
 
THR @ 0.045c +15.38% about to begin uranium drilling (scheduled in September so due to commence any day now) .. cheapest uranium junior yet to move (have a copper project too) .. dyor

P.S. Uranium price at a decade high as we speak
 
Telamelo said:
THR @ 0.045c +15.38% about to begin uranium drilling (scheduled in September so due to commence any day now) .. cheapest uranium junior yet to move (have a copper project too) .. dyor

P.S. Uranium price at a decade high as we speak
Click to expand...
technical chart analysis looks bullish (very good volume & momentum today)

 
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