RNS Hotlist with Zak Mir: THR, SRC, CASP & UFO via Vox Markets

Thor Mining (THR) provided initial drill results from Kelly’s Ridge Prospect, Ragged Range, located in the Eastern Pilbara, Western Australia.

Author @ZaksTradersCafe

The company said the intercept of 4m @ 12.2g/t Au is an exceptional result under Kelly’s Ridge, especially given the depth of the 194m downhole, showing excellent grade continuity from the surface. This confirms the potential of the site as indicated by historical drilling. Thor anticipates more positive news to be shared with the market in due course.

SigmaRoc (SRC), the quarried materials group, announced it has obtained a UK patent on its Alfabloc Mark II retaining wall systems. With the acquisition of Poundfield Products Limited in 2017, SigmaRoc also acquired a series of patents covering walling systems suitable for the construction, agriculture, sea defence and military applications.

Caspian Sunrise (CASP) updated the market on operations, the creation of a new oil trading division and the declaration of the Company’s maiden dividend. The company said it remains encouraged by the strong oil shows from Deep Well 802. Following an extensive cementing exercise it is now preparing to drill a side-track from a depth of 2,416 meters to a depth of 3,900 meters to target the first interval of interest from which the oil encountered to date has flowed. If successful and based on current timings it expects to test the well before the end of the year.

Alien Metals (UFO), a global minerals exploration and development Company, announced that its wholly owned subsidiary, Iron Ore Company of Australia Pty Ltd has entered into a MOU to enter in an Agreement for the sharing of bunker allocation at the Pilbara Ports Authority’s Utah Point export facility with Element 25 Ltd in relation to the Company’s Hancock iron ore project located in the Pilbara, Western Australia. UFO said the execution of this MOU with E25 is an important step towards unlocking the export capacity required for Hancock.

Author @ZaksTradersCafe

Disclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates. Terms of Website Use All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned

Weekly Newsletter

Sign up to receive exclusive stock market content in your inbox, once a week.

We don’t spam! Read our privacy policy for more info.