THR 0.00% 1.4¢ thor energy plc

Ann: Quarterly Activities and Cash Flow Report, page-5

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  1. 120 Posts.
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    Wow I've only just seen this, but great news to be honest! Finally some movement in the right direction.

    Good Hope looking good for Tungsten and Copper, especially with Tungsten prices going up at the moment!

    " • Significant tungsten price increase. • Successful drilling campaign. • High grade mineralisation intersected at Good Hope "

    Assays looking promising:
    " 17GHRC01: 26.6m @ 0.21% WO3, 1.2% Zn, 1.0% Cu from 0.8 metres downhole
    • 17GHRC02: 12.2m @ 0.12% WO3 from 57.8m and 3m @ 0.37% WO3 within 8.4m @ 0.59% Cu from 80.8m "

    Also I love that they are moving away from spending big bucks on exploration and towards commercialisation.

    "High cost exploration is no longer a key activity"
    "Transition from exploration mode to commercialisation activities of scoping, feasibility, and partner search."

    GLTAH
 
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