RCS - Thor Mining PLC - Investor Presentation

Thor EnergyAnnouncement

16/02/2021 07:00

RNS Number : 1842P
  
Thor Mining PLC
  
16 February 2021
  
 

16 February 2021
THOR MINING PLC
INVESTOR PRESENTATION
 
The directors of Thor Mining Plc ("Thor") (AIM, ASX: THR) are pleased to advise that an updated Investor Presentation is available on the Thor website, and may be accessed via the following link:
www.thormining.com/sites/thormining/media/pdf/interviews/thr-feb21-pres.pdf 
 
Enquiries:






Mick Billing


+61 (8) 7324 1935


Thor Mining PLC


Executive Chairman








Ray Ridge


+61 (8) 7324 1935


Thor Mining PLC


CFO/Company Secretary








Colin Aaronson / George Grainger


+44 (0) 207 383 5100


Grant Thornton UK LLP 


Nominated Adviser








Nick Emerson
 


+44 (0) 1483 413 500


SI Capital Ltd


Broker























 
 
About Thor Mining PLC
Thor Mining PLC (AIM, ASX: THR) is a resources company quoted on the AIM Market of the London Stock Exchange and on ASX in Australia.
At the 100% owned Ragged Range Project in the Pilbara region of Western Australia, Thor has exciting early stage results for which gold and nickel drilling is planned."
At Alford East in South Australia, Thor is earning an 80% interest in copper deposits considered amenable to extraction via Insitu Recovery techniques (ISR)
Thor also holds a 30% interest in Australian copper development company EnviroCopper Limited, which in turn holds rights to earn up to a 75% interest in the mineral rights and claims over the resource on the portion of the historic Kapunda copper mine in South Australia recoverable by way of in situ recovery⁴. Thor also holds rights to earn a 75% interest in portion of the Alford West copper project also in South Australia, and is also considered amenable to recovery by way of in situ recovery⁵.
"Thor holds mineral claims in the US states of Colorado and Utah with historical high grade uranium and vanadium drilling and production results."
Thor holds 100% of the advanced Molyhil tungsten project in the Northern Territory of Australia, for which an updated feasibility study in August 2018¹ suggested attractive returns.
Adjacent Molyhil, at Bonya, Thor holds a 40% interest in deposits of tungsten, copper, and vanadium, including Inferred resource estimates for the Bonya copper deposit, and the White Violet and Samarkand tungsten deposits².
Thor holds 100% of the Pilot Mountain tungsten project in Nevada USA which has a JORC 2012 Indicated and Inferred Resources Estimate³ on 2 of the 4 known deposits.
Notes
¹ Refer ASX and AIM announcement of 23 August 2018
² Refer ASX and AIM announcement of 26 November 2018, and 29 January 2020
³ Refer AIM announcement of 13 December 2018 and ASX announcement of 14 December 2018
⁴ Refer AIM announcement of 10 February 2016 and ASX announcement of 12 February 2018
⁵ Refer ASX and AIM announcement of 15 August 2019

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