Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) is gearing up for the next round of drilling at the company's 100%-owned Wedding Bell and Radium Mountain projects following positive results from the heliborne magnetic and radiometric surveys at both projects with strong uranium anomalies delineated and ground truthing underway.
Last week the company raised A$1m to help fund the programme.
Losses in the year to end June 2023 were £520,000 (£1.25m).