TIDMTHR
RNS Number : 0007W
Thor Mining PLC
20 April 2021
20 April 2021
THOR MINING PLC
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, Mick Billing will relinquish the role of Chief
Executive Officer, remaining as Executive 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, 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 a
Directorship on the Federal Council of the Australian Institute of
Geoscientists (AIG) and Chairs the annual South Australian
Exploration and Mining Conference (SAEMC). She is a Fellow of the
Gemmology Association of Australia ("GAA") and has a diploma in
Gemmology from the GAA.
Mick Billing, Executive Chairman of Thor Mining, commented:
"On behalf of the board, I would like to congratulate Nicole
Galloway Warland on her promotion to the position of Managing
Director. Her performance, commitment, and enthusiasm as
Exploration Manager has been outstanding, and we believe she is
more than ready for the additional challenges of her new role."
"Thor Mining has a diverse portfolio of high-quality projects in
commodities such as copper, uranium and gold that are highly
favoured by the market at the current time. These projects are now
entering a very busy period of exploration activity and we look
forward to the contribution of Nicole and her team."
Nicole Marie Galloway Warland (nee Nicole Marie Galloway, aged
53) does not own any shares in the Company and has confirmed that
there is no further information to be disclosed pursuant to
paragraph (g) of Schedule 2 of the AIM Rules.
A list of Ms Galloway Warland's current directorships and
partnerships together with those held within the last five years is
set out below:
Current appointments: Appointments within previous
5 years:
Australian Institute of South Australian Chamber of Mines
Geoscientists and Energy
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Nile Exploration Pty Ltd
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The information contained within this announcement is deemed to
constitute inside information as stipulated under the UK Market
Abuse Regulation. Upon the publication of this announcement, this
inside information is now considered to be in the public
domain.
- Ends -
For further information on the Company, please visit
www.thormining.com or contact the following:
Thor Mining PLC
Mick Billing, Executive Chairman Tel: +61 (8) 7324 1935
Ray Ridge, CFO / Company Secretary Tel: +61 (8) 7324 1935
WH Ireland Limited (Nominated Adviser Tel: +44 (0) 207 220
and Joint Broker) 1666
Jessica Cave / Darshan Patel
Jasper Berry (Corporate Broking)
SI Capital Limited (Joint Broker) Tel: +44 (0) 1483 413
500
Nick Emerson
Yellow Jersey (Financial PR) thor@yellowjerseypr.com
Sarah Hollins / Henry Wilkinson Tel: +44 (0) 20 3004
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 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.
At Alford East in South Australia, Thor is earning an 80%
interest in copper deposits considered amenable to extraction via
Insitu 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 indicated and inferred resources , in the Northern
Territory of Australia, which was awarded Major Project Status by
the Northern Territory government in July 2020.
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 holds 100% of the Pilot Mountain tungsten project in
Nevada, USA which has a JORC 2012 Indicated and Inferred Resources
Estimate on 2 of the 4 known deposits.
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/20191011-molyhil-mineral-resource-estimate-enhanced.pdf
(5)
www.thormining.com/sites/thormining/media/pdf/asx-announcements/20200129-mineral-resource-estimates---bonya-tungsten--copper.pdf
www.thormining.com/sites/thormining/media/pdf/asx-announcements/20162017/20170522-tungsten-resource-increase.pdf
www.thormining.com/sites/thormining/media/pdf/asx-announcements/20182019/20181214-pilot-mountain-resource-update.pdf
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