Thor Energy PLC (ASX: $THR) has released its updated 3D Geological Model for the Alford East Copper - Rare Earth Element (REE) Project in South Australia. The model incorporates the Ambient Noise Tomography (ANT) surveys conducted by Fleet Space Technologies, providing valuable insights into the lithological and structural setting of the project area.
The Managing Director of Thor Energy PLC, Nicole Galloway Warland, expressed, 'The 3D ANT Modelling has provided significant lithological and structural insights into the Alford East Project area. Combining this information with Thor's dataset has led to an exciting new 3D Model, with a newfound understanding of the Alford East structural setting and mineralisation controls. This has provided the Company with a refined targeted strategy, focusing future drilling on areas with potential high-grade oxide copper-gold and REE mineralisation.'
The updated 3D Geological Model, incorporating ANT surveys, has provided Thor Energy with a refined targeted strategy for future drilling, focusing on areas with potential high-grade oxide copper-gold and REE mineralisation. The model also offers greater insight into historical negative drill results, potentially leading to new discoveries. Thor Energy's Alford East Project covers the northern extension of the Alford Copper Belt, and the company has completed an Inferred Mineral Resource Estimate for the project. The ANT surveys conducted by Fleet Space Technologies have contributed to a clearer understanding of the structural setting of the project area, providing targeted criteria for primary copper and oxide mineralisation, and excellent opportunities for new discoveries.