Business
QUARTERLY REPORT JANUARY TO MARCH 2020
QUARTERLY REPORT JANUARY TO MARCH 2020.
About this update from Thor Energy Plc
[{"type":"text","content":"\n \n \n RNS Number : 4666L\n Thor Mining PLC\n 30 April 2020\n \n \n \n \n 30 April 2020\n \n THOR MINING PLC\n (\"THOR\" OR THE \"COMPANY\")\n \n QUARTERLY REPORT JANUARY TO MARCH 2020\n \n \n \n \n \n Highlights\n \n \n \n \n Outlook for June Quarter 2020\n \n \n \n \n \n \n \n \n \n COPPER\n \n \n \n \n \n \n \n \n \n Kapunda, SA Australia\n \n \n · \n Successful borehole pump testing\n \n \n · \n Tracer testing demonstrated connectivity between holes necessary for successful ISR activities.\n \n \n · \n High tenor copper (preliminary) from pump test drilling.\n \n \n \n \n \n TUNGSTEN & MULTI COMMODITIES\n \n \n \n \n \n \n \n · \n Large scale column leach work.\n \n \n · \n Trial groundwater ion exchange work to separate dissolved copper from other metals. \n \n \n · \n Electrowinning (EW) testwork.\n \n \n · \n Bench scale copper cementation testwork.\n \n \n · \n Preparation work for field recovery trials.\n \n \n \n \n \n \n \n \n \n Molyhil, NT Australia\n \n \n · \n Marketing activities around potential project finance and off-take agreements for both tungsten and molybdenum concentrates.\n \n \n · \n Drilling success at Bonya results in maiden resource estimates.\n \n \n \n \n \n \n \n \n \n \n · \n Discussions with Australian government agencies mandated to assist Australian critical minerals projects.\n \n \n · \n Continued discussions with potential Molyhil project financiers and off-take partners.\n \n \n \n \n \n \n \n \n \n Pilot Mountain, Nevada USA\n \n \n · \n Ongoing discussions with various US parties aimed at securing specific investment to progress this project.\n \n \n \n \n \n \n \n \n \n \n · \n Continuing discussions with US parties to secure project investment.\n \n \n \n \n \n \n \n \n \n \n \n \n GOLD & OTHER COMMODITIES \n \n \n \n \n \n \n \n \n \n \n \n \n \n · \n Ground reconnaissance survey over Pilbara tenements provided very encouraging gold, nickel & chromium results.\n \n \n · \n Execution of agreements with traditional owners of Hamersley licences\n \n \n \n \n · \n Secure grant of Hamersley tenements\n \n \n · \n Subject to relaxation of COVID-19 restrictions, follow-up ground reconnaissance work over areas of gold, nickel, & chromium prospectivity.\n \n \n \n \n \n \n \n \n \n \n \...