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Corporate Presentation Update

20 Sep 2017 07:00

RNS Number : 2067R
Thor Mining PLC
20 September 2017
 

 

20 September 2017

THOR MINING PLC

Corporate Presentation Update

The Board of Thor Mining Plc ("Thor" or the "Company") (AIM, ASX: THR), advises that the Company has updated its corporate presentation which can be found on the Company's website: http://www.thormining.com/-/thor/lib/docs/interviews/Thor%20Minng%20201709.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

Elliot Hance

 +44 (0) 207382 8300

Beaufort Securities Limited

Joint Broker

Nick Emerson / Andy Thacker

+44 (0) 1483 413 500

SI Capital Ltd

Joint Broker

Tim Blythe/ Camilla Horsfall

+44 (0) 207 138 3222

Blytheweigh

Financial PR

 

About Thor Mining PLC

Thor Mining PLC is a resources company quoted on the AIM Market of the London Stock Exchange and on ASX in Australia.

Thor holds 100% of the advanced Molyhil tungsten project in the Northern Territory of Australia, for which an updated feasibility study in 2015¹ suggested attractive returns. Thor also holds 100% of the Pilot Mountain tungsten project in Nevada USA which has a JORC 2012 Indicated Resources Estimate² on 1 of the 4 known deposits.

Thor is also acquiring up to a 60% interest Australian copper development company Environmental Copper Recovery SA Pty Ltd, which in turn holds rights to earn up to a 75% interest in the mineral rights and claims over the portion of the historic Kapunda copper mine in South Australia recoverable by way of in situ recovery.

Thor also holds a production royalty entitlement from the Spring Hill Gold project³ of:

· A$6 per ounce of gold produced from the Spring Hill tenements where the gold produced is sold for up to A$1,500 per ounce; and

· A$14 per ounce of gold⁴ produced from the Spring Hill tenements where the gold produced is sold for amounts over A$1,500 per ounce.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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