Further drilling update

Thor Mining PLC
09 May 2007

                               THOR MINING PLC

                      FURTHER DRILLING RESULTS FOR MOLYHIL


Dated: 9 May 2007


Thor Mining PLC ('the Company' or 'Thor') AIM, ASX: 'THR', the specialist metals
company focused on advancing tungsten-molybdenum and uranium projects in the
Northern Territory of Australia, announces further significant results from the
recently completed program of reverse circulation ('RC') drilling at its
100%-owned Molyhil Tungsten-Molybdenum Project ('Molyhil') in the Northern
Territory.



All results from the recent round of drilling have been received with the
exception of drill holes 07MHRC007 and 07MHRC011. The drilling program was
completed in March 2007 with 25 RC holes drilled for 2,586m.



Further high grade results (see table 1) have now been received from the program
of infill RC drilling.



Table 1 - Molyhil RC drilling Results (>0.10%)


      Hole ID          Width       From        To      Grade % MoS2                   Grade %
                        (m)                                          Grade % WO3     MoS2 + WO3
07MHRC001               NSR
07MHRC002               NSR
07MHRC003               NSR
07MHRC004                1          28         29          0.13         3.62           3.75
                         2          31         33          1.29         0.11           1.40
*07MHRC005               2          70         72         <0.10         0.48           0.48
                         1          76         77         <0.10         0.17           0.17
                         1          77         78          0.76         <0.10          0.76
                         1          96         97          0.21         0.22           0.43
*07MHRC006               2          67         69         <0.10         0.48           0.48
                         1          73         74          0.11         0.16           0.27
                         1          74         75          0.79         <0.10          0.79
                         1          93         94          0.21         0.22           0.43
07MHRC007               SNR
07MHRC008                6          34         40          0.48         <0.10          0.48
                         4          42         46          0.37         0.32           0.68
07MHRC009               14          9          23          0.17         3.23           3.40
07MHRC010               19          53         72          0.43         2.52           2.96
                         7          74         81          0.28         0.33           0.61
07MHRC011               SNR
07MHRC012               19          34         53          0.35         1.44           1.79
                         6          61         67          0.20         0.13           0.33
*07MHRC013               2          78         80          1.07         <0.10          1.07
                         5          93         98         <0.10         0.48           0.48
                         3         108         111        <0.10         0.37           0.37
                         3         112         115         0.42         <0.10          0.42
                        10         117         127         0.43         0.52           0.95
                         1         131         132         0.42         0.26           0.68
*07MHRC014               1         108         109         0.73         1.19           1.91
                        10         111         121         0.61         1.04           1.65
07MHRC015                5          22         27          0.27         0.46           0.73
                        11          29         40          0.18         0.82           1.00
                         6          40         46          0.19         <0.10          0.19
07MHRC016                6          27         33          0.41         <0.10          0.41
                        11          33         44          0.18         0.54           0.72
*07MHRC017              11          62         73          0.96         <0.10          0.96
                         1          77         78         <0.10         0.20           0.20
                         4          82         86          0.12         <0.10          0.12
                         1         123         124         2.03         4.33           6.36
*07MHRC018               1          50         51          1.63         8.92           10.55
                         3          73         76         <0.10         0.13           0.13
                         3          77         80          0.32         0.14           0.46
                         2          83         85          0.58         0.43           1.01
                         3         113         116         0.34         0.41           0.75
07MHRC019                3          93         96         <0.10         0.47           0.47
07MHRC020                1          87         88         <0.10         1.00           1.00
                         3          93         96          0.64         0.24           0.89
                         6         105         111         0.92         <0.10          0.92
*07MHRC021               7         113         120         0.15         0.20           0.35
                         2         126         128         0.18         0.30           0.48
*07MHRC022               7         114         121         0.69         0.48           1.17
                         2         124         126         0.81         <0.10          0.81
                         1         132         133        <0.10         0.16           0.16
                         2         138         140         0.43         0.66           1.09
                         1         146         147         0.37         <0.10          0.37
                         1         154         155         0.56         <0.10          0.56
07MHRC023               NSR
07MHRC024                2          22         24          0.28         2.80           3.08
                         2          39         41          0.62         0.64           1.26
                         8          46         54         <0.10         1.13           1.13
07MHRC025                3         104         107         0.50         <0.10          0.50
                         3         109         112         0.23         0.29           0.52
                         2         132         134        <0.10         1.02           1.02



NSR - No significant Results

SNR - Sample not received

* - Results reported previously



These results are from samples that were prioritised to expedite the assay
process. Samples from this program are being sent to an independent laboratory
for check assaying due to their high grade nature.



The results from this check sampling program will need to be received before the
recalculation of the current resource and ultimately the reserve.



A total of 16, of the 25 hole program, were designed to focus on the indicated
and inferred parts of the Yacht Club resource. Of these 16 holes, 13 holes
intersected mineralisation with 9 holes returning assays with a combined MoS2 +
WO3 grades in excess of 1%. Should check sampling verify these results, this
further confirms the potential to achieve a rapid capital payback as documented
in the Molyhil Definitive Feasibility Study.



JORC Compliance



The information in this report that relates to exploration results, mineral
resources or ore reserves is based on information compiled by John Young, who is
a Member of The Australasian Institute of Mining and Metallurgy. John Young is a
director of Thor Mining PLC.  John Young has sufficient experience which is
relevant to the style of mineralisation and type of deposit under consideration
and to the activity which he is undertaking to qualify as a Competent Person as
defined in the 2004 Edition of the 'Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves'.  John Young consents
to the inclusion in the report of the matters based on his information in the
form and context in which it appears.



Enquiries:


John Young          + 61 (0)419 954 020  Thor Mining PLC                 Chief Executive Officer

John Simpson        020 7512 0191        ARM Corporate Finance Ltd       Nominated Adviser

Leesa Peters        020 7429 6600        Conduit PR Limited              Public Relations
        or
Jos Simson          020 7429 6603

Nicholas Read       + 61 (0) 8 9388 1474 Read Corporate                  Public Relations/Australia




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