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Annual General Meeting Presentation

30 Nov 2018 07:00

RNS Number : 9847I
Thor Mining PLC
30 November 2018
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30 November 2018

Β 

THOR MINING PLC

Annual General Meeting Presentation

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The Board of Thor Mining Plc ("Thor" or the "Company")Β (AIM, ASX: THR), is pleased toΒ advise that the presentation given to shareholders at the AnnualΒ General Meeting of the Company held on 28 NovemberΒ 2018Β is availableΒ on the Company's website.

The presentation may be viewed may be viewed through the following link:

http://www.thormining.com/-/thor/lib/docs/interviews/Thor%20AGM%20201811.pdf

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Enquiries:

Mick Billing

+61 (8) 7324 1935

Thor Mining PLC

ExecutiveΒ Chairman

Ray Ridge

+61 (8) 7324 1935

Thor Mining PLC

CFO/Company

Secretary

Colin Aaronson/

Richard Tonthat/ Ben Roberts

+44 (0) 207 383 5100

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Grant Thornton UK LLP

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Nominated Adviser

Nick Emerson

+44 (0) 1483 413 500

SI Capital Ltd

Joint Broker

David Hignell / Rob Rees / Isabella Pierre

+44Β (0)20 3861 6625Β 

Northland Capital Partners Limited

Joint Broker

Tim Blythe/ Camilla Horsfall

+44 (0) 207 138 3222

Blytheweigh

Financial PR

Updates on the Company's activities are regularly posted on Thor's websiteΒ www.thormining.com, which includes a facility to register to receive these updates by email, and on the Company's twitter page @ThorMining.

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AboutΒ ThorΒ MiningΒ PLC

ThorΒ MiningΒ PLCΒ (AIM,Β ASX:Β THR)Β isΒ aΒ resourcesΒ companyΒ quotedΒ onΒ theΒ AIMΒ MarketΒ ofΒ theΒ LondonΒ Stock Exchange andΒ onΒ ASXΒ in Australia.

ThorΒ holdsΒ 100%Β ofΒ the advancedΒ Molyhil tungsten project in the NorthernΒ Territory of Australia, forΒ which anΒ updated feasibility study inΒ August 2018ΒΉΒ suggestedΒ attractive returns.

ThorΒ alsoΒ holdsΒ 100%Β ofΒ theΒ PilotΒ MountainΒ tungstenΒ projectΒ inΒ NevadaΒ USAΒ whichΒ hasΒ aΒ JORCΒ 2012 Indicated andΒ InferredΒ Resources EstimateΒ²Β onΒ 2Β ofΒ theΒ 4 knownΒ deposits. The US Department of the Interior has confirmed that tungsten, the primary resource mineral at Pilot Mountain, has been included in the final list of Critical Minerals 2018.

ThorΒ isΒ alsoΒ acquiringΒ upΒ toΒ aΒ 60%Β interestΒ AustralianΒ copper developmentΒ companyΒ EnvironmentalΒ Copper RecoveryΒ SAΒ Pty Ltd,Β whichΒ inΒ turnΒ holdsΒ rightsΒ toΒ earnΒ upΒ toΒ aΒ 75%Β interestΒ inΒ theΒ mineralΒ rights andΒ claims overΒ the resourceΒ³ on the portionΒ of the historic KapundaΒ copperΒ mineΒ inΒ SouthΒ Australia recoverableΒ by way ofΒ in situ recovery.Β 

ThorΒ hasΒ anΒ interestΒ inΒ Hawkstone MiningΒ Limited,Β anΒ AustralianΒ ASX listed company withΒ aΒ 100%Β Interest inΒ a LithiumΒ projectΒ in Arizona, USA.

Finally, Thor also holds a production royalty entitlement from the Spring Hill Gold project⁴ of:

β€’ Β A$6Β perΒ ounceΒ ofΒ goldΒ producedΒ fromΒ theΒ SpringΒ HillΒ tenementsΒ whereΒ theΒ goldΒ producedΒ isΒ soldΒ forΒ up to A$1,500Β perΒ ounce;Β and

β€’ Β A$14Β perΒ ounceΒ ofΒ goldΒ producedΒ fromΒ theΒ SpringΒ HillΒ tenementsΒ whereΒ theΒ goldΒ producedΒ isΒ soldΒ for amountsΒ overΒ A$1,500Β perΒ ounce.

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Notes

Β· ΒΉΒ ReferΒ ASXΒ andΒ AIMΒ announcementΒ ofΒ 23Β AugustΒ 2018

Β· Β²Β ReferΒ AIMΒ announcementΒ ofΒ 22Β MayΒ 2017Β andΒ ASXΒ announcementΒ ofΒ 23Β MayΒ 2017

Β· Β³Β ReferΒ AIMΒ announcementΒ ofΒ 10Β FebruaryΒ 2016Β andΒ ASXΒ announcementΒ ofΒ 12Β FebruaryΒ 2018

· ⁴ Refer AIM announcement of 26 February 2016 and ASX announcement of 29 February 2017

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
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