The initial 10 drill holes at the Thor Project were completed for a total of 5,019 feet (1,530 metres) within
Exp area 1 (Figures 1 & 4). Typical economically viable ISR grade and GT cut‐offs are: 0.02% (200ppm)
U3O8 and 0.2GT ‐‐ i.e., 10 ft (3 m) @ .02% (200ppm) U3O8. The 10 initial hole results were (Table 1):
5 of 10 holes met both grade and GT cutoff with an average of 0.99GT
Of the remaining 5 holes 3 met grade cutoff but not GT, 1 had trace mineralisation & 1 was barren
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