MANAGING DIRECTOR APPOINTMENT
The directors of Thor Mining Plc ( Thor or the Company ) (AIM, ASX: THR, OTCQB: THORF) are pleased to announce the appointment of Ms
Nicole Galloway Warland, previously Exploration Manager, to the Board position of Managing Director with immediate effect.
Chairman,
Ms
Galloway Warland, who graduated from the University of Technology, Sydney with a BSc (Hons) Applied Geology, has had a career spanning more than 25 years in the mining & exploration industry, working across a broad range of jurisdictions and geological provinces in
Australia,
South America.
Her experience spans from grassroots exploration through to project evaluation, and both open cut and underground mining. Her commodity focus to date has principally been on gold, copper-gold, base metals, nickel, uranium, and lithium.
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The directors of Thor Mining Plc ( Thor or the Company ) (AIM, ASX: THR, OTCQB: THORF), the diversified resource company, are pleased to provide an update to the Mineral Resource Estimate of its 100% owned critical minerals tungsten asset, the Molyhil Project ( Molyhil ), in the Northern Territory of Australia. Highlights: § The Molyhil Mineral Resource Estimate now comprises Measured, Indicated, and Inferred Mineral Resources totalling 4.4 million tonnes at 0.27% WO
3 (Tungsten trioxide), 0.10% Mo (Molybdenum), 0.05% Cu (Copper) and 17.75% Fe (Iron) using a 0.07% WO
3 cut-off (Table A). § Concurrent 3D geological modelling identifies priority drill targets to increase resource. § New exploration targets identified near the existing resource.
About Thor Mining PLC Thor Mining PLC (AIM, ASX: THR; OTCQB: THORF) is a diversified resource company quoted on the AIM Market of the London Stock Exchange, ASX in Australia and OTCQB Market in the United States. The Company is advancing its diversified portfolio of precious, base, energy and strategic metal projects across USA and Australia. Its focus is on progressing its copper, gold, uranium and vanadium projects, while seeking investment/JV opportunities to develop its tungsten assets. Thor owns 100% of the Ragged Range Project, comprising 92 km
2 of exploration licences with highly encouraging early stage gold and nickel results in the Pilbara region of Western Australia, for which drilling is planned in the first half of 2021.
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