Updated: Apr 13
✦ Nicole Galloway Warland, Managing Director - Thor Mining Plc (ASX: THR) shares how this special diversified mineral exploration company is going green.
Thor Mining has three highly prospective projects - one of them could put them on the path to becoming a serious copper producer.
Noel Ong, CEO of Samso always keeps an eye out for a compelling story from the companies he talks to. His first encounter with Thor Mining was in February 2021 where he spoke to Nicole Galloway Warland about the company's take on being an ESG compliant copper-gold producer. She was the Exploration Manager then, and today she speaks to Noel as the company's Managing Director about the company's updates.
Noel felt the company's story had potential and now looking at what they have achieved, much work has been done on their projects and they are seeing some happy results as well.
Ms. Warland was talking then about how Ragged Range was going to surprise people. The potential of the area is limited only by the funding capacity of the company. And the results have indeed been surprising.
Discoveries can only be made if solid work is put into it, and the Pilbara is just showing its potential. Those working in the region will continue to unearth the hidden metal endowment that lies beneath this craton.
For Noel, it is also a relief when looking at the results of the Copper projects in South Australia. The projects are making great progress. In fact, the ISR potential of the Alford projects is going to make Thor Mining take the spotlight.
The ISR potential is important, and if it were made the company's main focus, their creation of a Green Copper story is highly achievable. For Noel, any company that wants to write a Green Metal story or a Green Mining story needs three naturally occurring infrastructure:
Green Minable Economical Resource
Governance / Jurisdiction
The happy news is, Thor Mining has all these three in place. The next step is to make it work.
To add on to the happy news, we mustn't forget the Molyhil project.
The recent discovery of a skarn source for the Tungsten and Molybdenum mineralisation may change the whole economics of the project. Coupled with a rising Molybdenum price in 2021, Thor Mining is set to see the odds in their favour.
Ultimately, as investors or just someone interested in the mining resources industry, we want companies to succeed. Noel has been with Thor Mining on its journey and has spoken to different thought leaders who have led the company up to its current position - with Ms. Warland and also the company´' previous Chairman, Mick Billing. It is a good feeling when Noel likes the potential of a company and can follow their story to see their work bear fruit.
Get the highlights on Thor Mining's Green Copper story here.
01:38 Ragged Range
02:54 Prospectivity of the Pilbara Craton.
05:30 The Nickel in Ragged Range.
06:54 Copper in South Australia and potential to being a Copper Producer.
08:19 ISR Use
08:55 How do you explain the Environmental Issues?
11:19 73m of 1% Cu is a significant number.
12:35 The Copper project in South Australia is heading towards development.
13:28 NO infrastructure will not be an issue.
13:44 Looking very much like a Green Copper Story.
15:17 Molyhil Project
17:46 Molybdenum is getting new uses and demand.
18:55 Is Molyhill bigger than first thought?
20:10 The Uranium and Vanadium project