THR 5.88% 1.6¢ thor energy plc

THR's release of 20th June spoke of its uranium exploration as...

  1. 4,030 Posts.
    THR's release of 20th June spoke of its uranium exploration as follows:" A number of prospective zones have been intersected and the results from this initial work are expected to be received in late June".

    That should make it late next week. We should keep in mind that these will be only sampling drill results and that uranium grades are unlikely to be high. Uranium ore grades worldwide tend to range 0.03% to 1.5% uranium, but with U3O8 prices at over $A300,000 per tonne, even 0.01% uranium would be an economic cut off grade.Conix
 
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