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Thor Mining ( (GB:THR) ) has provided an update.
Thor Energy PLC has announced a significant independent assessment of prospective resources for natural hydrogen and helium at its HY-Range project in South Australia. The results, which exceed company expectations, position Thor Energy in a prime location within Australia’s hydrogen and helium hotspot. With an 80.2% net interest in the RSEL 802 license, the company plans to accelerate exploration efforts to unlock the project’s full potential. This development marks a substantial milestone for Thor Energy, reinforcing its strategic focus on natural hydrogen and helium exploration and positioning it strongly for future growth in this emerging sector.
More about Thor Mining
Thor Energy Plc is a company focused on uranium, energy metals, and recently, hydrogen and helium, which are crucial in the transition to a clean energy economy.
YTD Price Performance: -17.86%
Average Trading Volume: 553,156
Technical Sentiment Signal: Strong Buy
Current Market Cap: £5.77M
For detailed information about THR stock, go to TipRanks’ Stock Analysis page.