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THR Thor Energy Plc

1.30
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Thor Energy Plc LSE:THR London Ordinary Share GB00BRJ52319 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.30 1.20 1.40 1.30 1.30 1.30 35,028 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 0 -520k -0.0019 -6.84 3.62M

Thor Mining PLC Investor Presentation

28/05/2019 7:02am

RNS Non-Regulatory


TIDMTHR

Thor Mining PLC

28 May 2019

28 May 2019

THOR MINING PLC

Investor Presentation

The Board of Thor Mining Plc ("Thor" or the "Company") (AIM, ASX: THR), is pleased to advise that an updated presentation for shareholders has been uploaded to the Company's website.

The presentation may be viewed through the following link:

http://www.thormining.com/-/thor/lib/docs/interviews/Thor%20Mining%20201905.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/        +44 (0) 207 383    Grant Thornton UK   Nominated Adviser 
 Richard Tonthat/       5100               LLP 
 Ben Roberts 
Nick Emerson           +44 (0) 1483 413   SI Capital Ltd      Joint Broker 
                        500 
David Hignell          +44 (0)20 3861     SP Angel Corporate  Joint Broker 
 /Rob Rees              6625               Finance LLP 
Tim Blythe/ Camilla    +44 (0) 207 138    Blytheweigh         Financial PR 
 Horsfall               3222 
 

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

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.

Thor holds 100% of the advanced Molyhil tungsten project in the Northern Territory of Australia, for which an updated feasibility study in August 2018(1) suggested attractive returns.

Adjacent Molyhil, at Bonya, Thor holds a 40% interest in deposits of tungsten, copper, and vanadium, including an Inferred resource for the Bonya copper deposit(2).

Thor also holds 100% of the Pilot Mountain tungsten project in Nevada USA which has a JORC 2012 Indicated and Inferred Resources Estimate(3) on 2 of the 4 known 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.

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 resource(3) on the portion of the historic Kapunda copper mine in South Australia recoverable by way of in situ recovery.

Thor has an interest in Hawkstone Mining Limited, an Australian ASX listed company with a 100% Interest in a Lithium project in Arizona, USA.

   Finally, Thor also holds a production royalty entitlement from the Spring Hill Gold project   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 gold produced from the Spring Hill tenements where the gold produced is sold for amounts over A$1,500 per ounce.

Notes

(1) Refer ASX and AIM announcement of 23 August 2018

(2) Refer ASX and AIM announcement of 26 November 2018

(3) Refer AIM announcement of 13 December 2018 and ASX announcement of 14 December 2018

Refer AIM announcement of 10 February 2016 and ASX announcement of 12 February 2018

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.

END

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(END) Dow Jones Newswires

May 28, 2019 02:02 ET (06:02 GMT)

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