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Thor Energy Accelerates Hydrogen and Helium Exploration After Strategic Licence Acquisition
5:55am on Monday 2nd of June, 2025 AEST
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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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THOR ENERGY PLC (ASX:THR)
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