We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Thor Energy Plc | LSE:THR | London | Ordinary Share | GB00BRJ52319 | ORD GBP0.001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.25 | 1.20 | 1.30 | 1.25 | 1.25 | 1.25 | 103,034 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Misc Nonmtl Minrls, Ex Fuels | 0 | -520k | -0.0019 | -6.58 | 3.48M |
TIDMTHR
RNS Number : 0302K
Thor Mining PLC
04 July 2017
4 July 2017
THOR MINING PLC
MOLYHIL TUNGSTEN PROJECT
GRANTING OF ADDITIONAL EXPLORATION LICENCE AREA
The Board of Thor Mining Plc ("Thor" or the "Company") (AIM, ASX: THR) is pleased to advise that the Company has been granted an additional exploration licence area ("EL31443") which secures additional ground along strike from the Molyhil tungsten deposit in the Northern Territory.
The application was lodged after the Company received highly encouraging results from a shallow drilling campaign in 2016 that was designed to test for satellite deposits in close proximity to the Company's existing Molyhil tungsten deposit. The additional exploration licence area secures prospective ground contiguous with the Gap Track prospect to the south of existing tenements (Figure 1).
The new licence area comprises 68 square kilometres of ground highly prospective for further Molyhil style skarn hosted tungsten deposits.
Mr Mick Billing, Executive Chairman, commented:
"The exploration results from the 2016 drilling program provided all the encouragement required to pick up this extra ground. Even moderate exploration success in this new exploration area is likely to have a dramatically positive effect on the Molyhil mine life and economic outcomes."
Enquiries:
Mick Billing +61 (8) 7324 Thor Mining Executive 1935 PLC Chairman Ray Ridge +61 (8) 7324 Thor Mining CFO/Company 1935 PLC Secretary Colin Aaronson/ +44 (0) 207 383 Grant Thornton Nominated Daniel Bush/ 5100 UK LLP Adviser Richard Tonthat Elliot Hance +44 (0) 207382 Beaufort Securities Joint Broker 8300 Limited Nick Emerson +44 (0) 1483 SI Capital Ltd Joint Broker / Andy Thacker 413 500 Tim Blythe/ +44 (0) 207 138 Blytheweigh Financial Camilla Horsfall 3222 PR
Updates on the Company's activities are regularly posted on Thor's website www.thormining.com, which includes a facility to register to receive these updates by email, and on the Company's twitter page @ThorMining.
Competent Person's Report
The information in this report that relates to exploration results is based on information compiled by Richard Bradey, who holds a BSc in applied geology and an MSc in natural resource management and who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Bradey is an employee of Thor Mining PLC. He has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Richard Bradey consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCOKQDPPBKKDOK
(END) Dow Jones Newswires
July 04, 2017 02:00 ET (06:00 GMT)
1 Year Thor Energy Chart |
1 Month Thor Energy Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions