Block Admission Application

Thor Mining PLC
23 February 2007



THOR MINING PLC

Block Admission Application

Dated: 23 February 2007



Thor Mining PLC ('Thor' or the 'Company') the specialist metals company
currently focussed on advancing tungsten-molybdenum and uranium projects in the
Northern Territory of Australia has made an application to the London Stock
Exchange for a block admission to trading on AIM on 28 February 2007 of
25,750,000 ordinary shares of 0.3p per share in the capital of the Company (the
'Block Admission'), circa twenty percent of the Company's current issued
ordinary shares.



On 22 September 2006 67,445,833 Warrants were admitted to trading on AIM. The
Warrants which each confer the right to subscribe for one ordinary shares at 8p
per share are exercisable at any time up to 15 June 2009. The Block Admission
consists of ordinary shares to be issued on the exercise of the Warrants that
the Company aggregates and issue on a monthly basis under the terms of the
Warrant Instrument. These shares will rank pari passu with the existing issued
ordinary shares.



Following the announcement on 16 February 2007 that 55,519 Warrants had been
exercised, there are 67,390,214 Warrants to be exercised. The Company will
notify the public through an RNS announcement the information required in
Schedule Eight of the AIM Rules immediately following 30 June and 31 December in
each year. The next notification will be for the period 1 January 2007 to 30
June 2007.



Enquiries:


John Barr     00 61 418 912 885   Thor Mining PLC             Executive Chairman
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



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
            The company news service from the London Stock Exchange