- The proposed drilling program at the priority Rim Rock, Groundhog and Section 23 prospects will commence once a suitable drill rig has been sourced(Figure 2).
- Drilling will targettheprospective ‘Saltwash’ horizon of sandstone-hosted uranium and vanadium mineralisation at shallow depth.
- Field sampling by Thor has returned assay results of high-grade uranium (up to 1.25%U3O8) and vanadium (up to 3.47% V2O5) (THOR ASX, AIM:21 July 2020).
USA URANIUM - VANADIUM PROJECTS
The directors of Thor Mining are pleased to announce a successful capital raise of A$2.65m to fund exploration activities at the Company’s project interests, with particular emphasis on the uranium exploration licences in Colorado and Utah in the United States.
Thor Mining (ASX:THR) Non-Executive Director, Mark McGeough, discusses the company’s uranium exploration in the USA at the Broker Briefing and PAC Partners Uranium Forum.