– UK, London – Thor Energy plc (LON: THR / ASX: THR / OTC: THORF) announced that current Non-Executive Clayton is transitioning to the role of Executive Chairman with immediate effect.
In addition, Nicole Galloway Warland has decided to retire from the Board with immediate effect.
About Thor Energy Plc
The Company is predominantly focused on uranium and energy metals that are crucial in the shift to a ‘green’ energy economy. Thor has several highly prospective projects that give shareholders exposure to uranium, vanadium, copper, tungsten, lithium, nickel, and gold, located in the favorable mining jurisdictions of Australia and the USA.
Thor holds 100% interest in three uranium and vanadium projects (Wedding Bell, Radium Mountain, and Vanadium King) in the Uravan Belt region of Colorado and Utah, with historical high-grade uranium and vanadium drilling and production results.
At Alford East in South Australia, Thor has earned an 80% interest in oxide copper deposits considered amenable to extraction via In-Situ Recovery techniques. In January 2021, Thor announced an Inferred Mineral Resource Estimate.
Thor also holds a 26.3% interest in a private Australian copper development company EnviroCopper Limited, which Kapunda copper mine, and the Alford West copper project, both situated in South Australia, and both considered amenable to recovery by way of ISR. Alligator Energy recently invested A$0.9M for a 7.8% interest in ECL with the right to gain a 50.1% interest by investing a further A$10.1m over four years.
Thor holds 75% interest (with Investigator Resources 25%) in the advanced Molyhil tungsten project, including measured, indicated, and inferred resources, in the Northern Territory of Australia, which was awarded Major Project Status by the Northern Territory government in July 2020.
Thor owns 100% of the Ragged Range Project, comprising 92 km of exploration licenses with highly encouraging early-stage gold and nickel results in the Pilbara region of Western Australia.
For more: https://thorenergyplc.com/
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