Opes Prime in Receivership

Thor Mining PLC
04 April 2008


                                THOR MINING PLC

               AUSTRALIAN STOCKBROKERS OPES PRIME IN RECEIVERSHIP


Dated: 4 April 2008

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, today announces information in relation to the
Australian stockbrokers Opes Prime being placed into receivership and the impact
of that on the Thor securities.


A receiver and an administrator were appointed to the Opes Prime Group, Opes
Prime Stockbroking, Leveraged Capital and Hawkswood Investments, late on
Thursday 27 March 2008. Chris Campbell and Salvatore Algeri of Deloitte
Corporate Reorganisation Group have been appointed receivers of Opes, and
Ferrier Hodgson has been appointed administrator. Deloitte was appointed
receiver by a secured creditor of Opes, ANZ Banking Group Ltd.


The Directors of Thor disclose the following information based on enquiries made
by the company in regards to Opes Prime and relevant correspondence received on
3 April 2008.


The Directors were informed by Salvatore Algeri, Receiver and Manager on behalf
of Opes Prime that 6,389,869 ordinary shares of 0.3p each in the share capital
of the Company and 2,551,877 warrants were the subject of agreement(s) between
Opes Prime and its customer(s).


This represents 4.5% of the Company's issued ordinary shares and 3.9% of the
warrants. The Company is not in receipt now, nor has it ever received
substantial shareholding notices in relation to this holding.


The Company confirms that none of its Directors hold ordinary shares or warrants
in the Company through an account with Opes Prime.


Enquiries:


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

John Simpson     020 7512 0191         Blomfield 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



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.


                      This information is provided by RNS
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