LONDON: Metals One Plc (AIM: MET1) said Friday it has secured exclusive rights to acquire a 75% stake in two U.S.-based companies holding uranium and vanadium claims in Utah and Colorado, expanding its strategic footprint in America’s critical minerals sector. The claims—Vanadium King, Radium Mountain, and Wedding Bell—are located in the Uravan Mining Belt and…
ADELAIDE: Thor Energy plc announced Monday that its subsidiary, Go Exploration Pty Ltd, has accepted an offer from the South Australian Department for Energy and Mining for three Gas Storage Exploration Licenses (GSELs 804, 805 and 806). The licenses, strategically located near Adelaide, provide exclusive rights to explore underground gas storage potential across more than…
LONDON: Thor Energy Plc (AIM, ASX: THR, OTCQB: THORF) has entered into a binding acquisition agreement to acquire 80.2% of the issued share capital of Go Exploration Pty Ltd, an Australian-based natural hydrogen and helium explorer. The acquisition will be satisfied by issuing 466,462,584 new ordinary shares in Thor Energy, with 70% of these shares…
LONDON: Thor Energy Plc, a mineral exploration company, has teamed up with Fleet Space Technologies, a space technology company, to use its EXOSPHERE BY FLEET® technology to survey the Alford East Copper-REE Project in South Australia. The technology uses Ambient Noise Tomography (ANT) to scan the ground for low velocity zones that host oxide copper-REE…