Directorate Change

RNS Number : 3626I

Thor Mining PLC

11 March 2010

 

THOR MINING PLC

Appointment of Director

Dated: 11 March 2010

The Directors of Thor Mining PLC ("Thor" or the "Company") (AIM, ASX: THR) the exploration company focussed on gold and base metal projects and advancing tungsten-molybdenum projects in the Northern Territory of Australia, are pleased to announce the appointment of Trevor Ireland as a Non-Executive Director of Thor

Mr Trevor Ireland career credits include the discovery of two of the Northern Territory's producing gold mines, namely The Granites and Northern Territory's largest gold mine, Callie.

Mr Ireland's experience and capabilities will be invaluable to the Company as the Thor has embarked on an expanded exploration and acquisition strategy focused initially on Western Australia with an emphasis on new mainstream resources commodities opportunities in addition to Thor's historic portfolio of projects in the Northern Territory.

The appointment is the second major initiative for Thor this year under its new growth strategy. The Company earlier this month announced its maiden expansion into gold - and with it, its first move into Western Australia - with the proposed acquisition of the greenfields Dundas gold exploration project near Norseman, southeast of Kalgoorlie.

Thor is also committed to developing its Molyhil tungsten/molybdenum project in the Northern Territory as metal prices improve.

Mr Ireland is a geologist with more than 40 years experience in minerals exploration and corporate management. He has been involved both as a Manager and as a Company Director with mineral discoveries, economic evaluations and new mine developments covering gold, nickel, uranium and bauxite deposits in Australia and in several African countries. He is particularly associated with the discovery and development of The Granites and Callie gold mines in the Tanami region of the Northern Territory by North Flinders Mines Ltd. He served as a Director and Exploration Manager - Europe & Africa for Normandy La Source SAS, overseeing the evaluation of Ahafo and Akeyem gold orebodies in Ghana, and Tasiast gold in Mauritania, all of which have subsequently reached development or operating status. More recently, he was Managing Director of Australasia Gold Ltd which he led from inception through an IPO and listing on the ASX, with exploration projects in South Australia, the Northern Territory and New Zealand. He is currently a consultant to a number of resources companies operating in these and other areas.

Full name:  Trevor John Ireland aged 62

Current Directorships IRELAND RESOURCE MANAGEMENT PTY LTD

Former Directorships AUSTRALASIA GOLD LTD THE AUSTRALIAN LAND COMPANY PTY LTD OTAGO GOLD LTD RESOURCE EQUITY DEVELOPMENT LTD NUSTAR MINING CORPORATION LTD AUSTRALASIA GOLD (SA) PTY LTD

There are no further details to be disclosed under rule 17 schedule 2 paragraph (g) of the AIM Rules in relation to Trevor John Ireland.

Enquiries:

Mick Billing	+ 61 (0)414 741 007	Thor Mining PLC	Executive Chairman
Laurie Ackroyd	[phone]	Thor Mining PLC	CFO/Company Secretary
John Simpson	+ 44 (0)20 7776 6550	Daniel Stewart & Co. plc	Nominated Adviser

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.

 

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