TIDMTHR
RNS Number : 1020Y
Thor Mining PLC
04 September 2020
4 September 2020
THOR MINING PLC
MANAGEMENT CHANGES - APPOINTMENT OF EXPLORATION MANAGER
The directors of Thor Mining Plc ("Thor") (AIM, ASX: THR) advise
that executive director, and exploration manager Richard Bradey has
provided notice of his impending retirement, effective from 29
October 2020.
The directors also advise the appointment of Ms Nicole Galloway
Warland as Exploration Manager, commencing from 1(st) October
2019.
Ms Galloway Warland, who graduated from the University of
Technology, Sydney with a BSc (Hons) 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, Eastern Europe, and 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..
Nicole is an active member of the geological fraternity, with
Directorship on the Federal Council of the Australian Institute of
Geoscientists (AIG) and Chairs the annual South Australian
Exploration and Mining Conference (SAEMC).
Mick Billing, Executive Chairman of Thor Mining, commented:
"We would like to thank Richard for his contribution over a
period of more than nine years with Thor. His contribution has been
very valuable, and his commitment has been highly commendable."
"On behalf of the board, I would like to welcome Nicole Galloway
Warland to the Thor team. Her background and enthusiasm for the
role are impressive, and we look forward to her contribution."
"Thor Mining is entering a very exciting new phase with the
recent outstanding results at Ragged Range which require energetic
follow-up, and we believe that the background & skills of
Nicole, make her well suited for this challenge."
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
Enquiries:
Mick Billing +61 (8) 7324 Thor Mining PLC Executive Chairman
1935
Ray Ridge +61 (8) 7324 Thor Mining PLC CFO/Company Secretary
1935
Samantha Harrison/Niall +44 (0) 207 Grant Thornton Nominated Adviser
McDonald 383 5100 UK LLP
Nick Emerson +44 (0) 1483 SI Capital Ltd Broker
413 500
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 is also acquiring up to a 30% interest 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 in South Australia recoverable by way of in situ
recovery , and also holds rights to earn a 75% interest in portion
of the Moonta Copper project also in South Australia, and is
considered amenable to recovery by way of in situ recovery .
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.
The Company also has exciting gold interests at Ragged Range in
the Pilbara region of Western Australia.
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 ASX and AIM announcement of 15 August 2019
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