TIDMTHR
RNS Number : 6758L
Thor Mining PLC
04 January 2023
4 January 2023
Thor Mining PLC
("Thor" or the "Company")
Result of General Meeting
The directors of Thor Mining Plc ("Thor") (AIM, ASX: THR, OTCQB:
THORF) announce that at a General Meeting ("GM") held earlier
today, all resolutions were passed.
All resolutions were passed, with the poll results as
follows:
Resolution For Against Withheld
1 160,813,091 35,791,663 2,876,991
------------ ----------- ----------
2 159,461,698 38,074,611 1,945,436
------------ ----------- ----------
3 114,188,705 38,160,447 1,027,816
------------ ----------- ----------
4 113,272,894 39,158,704 945,370
------------ ----------- ----------
5 137,141,668 38,825,041 2,195,036
------------ ----------- ----------
6 176,451,344 20,442,229 2,588,172
------------ ----------- ----------
378,571,451 Options (the subject matter of resolutions 4 and 5)
are expected to be issued on 5 January 2023, with ASX quotation
expected on 6 January 2023 (ASX: THROD).
Resolution 6 authorises Thor's Directors to change the Company's
name to Thor Energy Plc. The Company's Directors expect to formally
approve and action the name change within the next month. An update
will be provided at that time.
For further information, please contact:
Thor Mining PLC
Nicole Galloway Warland, Managing Director Tel: +61 (8) 7324
Ray Ridge, CFO / Company Secretary 1935
Tel: +61 (8) 7324
1935
WH Ireland Limited (Nominated Adviser Tel: +44 (0) 207
and Joint Broker) 220 1666
Antonio Bossi / Darshan Patel / Megan
Liddell
SI Capital Limited (Joint Broker) Tel: +44 (0) 1483
413 500
Nick Emerson
Yellow Jersey (Financial PR) thor@yellowjerseypr.com
Sarah Hollins / Henry Wilkinson / Bessie Tel: +44 (0) 20 3004
Elliot 9512
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; 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 focused on advancing its USA Uranium assets and
progressing its gold, copper and nickel Ragged Range Project,
WA.
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.
At Alford East in South Australia, Thor is earning an 80%
interest in copper deposits considered amenable to extraction via
In Situ Recovery techniques (ISR). In January 2021, Thor announced
an Inferred Mineral Resource Estimate of 177,000 tonnes contained
copper & 71,000 oz gold(1).
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 and the
Alford West copper project, both situated in South Australia, and
both considered amenable to recovery by way of ISR.(2)(,) (3)
Thor holds 100% interest in two private companies with 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,
including measured, indicated and inferred resources , in the
Northern Territory of Australia, which was awarded Major Project
Status by the Northern Territory government in July 2020. Thor
executed a $8m Farm-in and Funding Agreement with Investigator
Resources Limited (ASX: IVR) to accelerate exploration at the
Molyhil Project, on 24(th) November 2022.(6)
Adjacent to 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 deposits. Thor's interest in the
Bonya tenement EL29701 is planned to be divested as part of the
Farm-in and Funding Agreement with Investigator Resources Limited.
(6)
Notes
(1)
www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210127-maiden-copper.gold-estimate-alford-east-sa.pdf
(2)
www.thormining.com/sites/thormining/media/pdf/asx-announcements/20172018/20180222-clarification-kapunda-copper-resource-estimate.pdf
(3)
www.thormining.com/sites/thormining/media/aim-report/20190815-initial-copper-resource-estimate---moonta-project---rns---london-stock-exchange.pdf
(4)
www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210408-molyhil-mineral-resource-estimate-updated.pdf
(5)
www.thormining.com/sites/thormining/media/pdf/asx-announcements/20200129-mineral-resource-estimates---bonya-tungsten--copper.pdf
(6)
www.thormining.com/wp-content/uploads/2022/11/20221124-8M-Farm-in-Funding-Agreement.pdf
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END
ROMBIMBTMTBMBAJ
(END) Dow Jones Newswires
January 04, 2023 06:18 ET (11:18 GMT)
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