TIDMTHR

Thor Energy PLC

03 May 2023

RNS Reach

3 May 2023

Thor Energy Plc

("Thor" or the "Company")

RIU Sydney Conference Attendance

The directors of Thor Energy Plc ("Thor") (AIM, ASX: THR, OTCQB: THORF) are pleased to announce that the Company will be attending the RIU Sydney Resources Round-up conference from Tuesday, 9 May to Thursday, 11 May 2023 at the Hyatt Regency, Sydney.

Nicole Galloway Warland, Managing Director, will also be providing a live company presentation at the conference at 2:40 pm local time on 9 May 2023.

RIU Sydney Resources Round-up is Sydney's leading corporate mining investment forum, with brokers and investors from Australia attending to hear directly from companies about the progress that has been made and their strategy for the upcoming year.

For those who cannot attend the conference, the presentation will be live on the Company's website on 10 May 2023: https://thorenergyplc.com/investor-centre/

If you are attending the conference and would like to organise a meeting with a member of the management team, please email: thor@yellowjerseypr.com

For further information, please contact:

 
 Thor Energy 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 and    Tel: +44 (0) 207 
  Joint Broker)                                220 1666 
 Antonio Bossi / Darshan Patel 
 SI Capital Limited (Joint Broker)            Tel: +44 (0) 1483 
                                               413 500 
 Nick Emerson 
 Yellow Jersey (Financial PR)                 thor@yellowjerseypr.com 
 Sarah Hollins / Shivantha Thambirajah /      Tel: +44 (0) 20 
  Bessie Elliot                                3004 9512 
 

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

About Thor Energy Plc

The Company is focused on uranium and energy metals that are crucial in the shift to a 'green' energy economy. Thor has a number of highly prospective projects that give shareholders exposure to uranium, nickel, copper, lithium and gold. Our projects are located in Australia and the USA.

Thor holds 100% interest in three uranium and vanadium projects (Wedding Bell, Radium Mountain and Vanadium King) in the Uravan Belt Colorado and Utah, USA with historical high-grade uranium and vanadium drilling and production results.

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 oxide copper deposits considered amenable to extraction via In Situ Recovery techniques (ISR). In January 2021, Thor announced an Inferred Mineral Resource Estimate(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% 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 A$8m Farm-in and Funding Agreement with Investigator Resources Limited (ASX: IVR) to accelerate exploration at the Molyhil Project on 24 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) https://thorenergyplc.com/investor-updates/maiden-copper-gold-mineral-resource-estimate-alford-east-copper-gold-isr-project/

(2) www.thorenergyplc.com/sites/thormining/media/pdf/asx-announcements/20172018/20180222-clarification-kapunda-copper-resource-estimate.pdf

(3) www.thorenergyplc.com/sites/thormining/media/aim-report/20190815-initial-copper-resource-estimate---moonta-project---rns---london-stock-exchange.pdf

(4) https://thorenergyplc.com/investor-updates/molyhil-project-mineral-resource-estimate-updated/

(5) www.thorenergyplc.com/sites/thormining/media/pdf/asx-announcements/20200129-mineral-resource-estimates---bonya-tungsten--copper.pdf

(6) https://thorenergyplc.com/wp-content/uploads/2022/11/20221124-8M-Farm-in-Funding-Agreement.pdf

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May 03, 2023 02:00 ET (06:00 GMT)

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