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Thor Energy Accelerates Hydrogen and Helium Exploration After Strategic Licence Acquisition

5:55am on Monday 2nd of June, 2025 AEST Energy
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Thor Energy Accelerates Hydrogen and Helium Exploration After Strategic Licence Acquisition

5:55am on Monday 2nd of June, 2025 AEST
Key Points
  • Acquisition of Go Exploration Pty Ltd completed, securing RSEL 802 licence in South Australia
  • Independent RISC Advisory assessment reveals significant prospective natural hydrogen and helium resources
  • Board approves accelerated passive exploration ahead of drilling plans
  • Net cash outflows of $239,000 for the quarter ending March 2025 with $1.92 million cash balance
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