17 May 2011
THOR MINING PLC
GENERAL MEETING RESULTS
And
UPDATE ON MOLYHIL
The Directors of Thor Mining PLC ("Thor" or the "Company") (AIM, ASX: THR) the exploration company focused on gold and base metal projects and advancing tungsten-molybdenum projects in the Northern Territory of Australia, are pleased to announce that all Resolutions proposed at the General Meeting of the Company held on Thursday 17 May 2012 in London, were duly passed without amendment.
Commenting, on latest developments, Mick Billling, Thor's Executive Chairman said:
"We are now close to having the findings of the Definitive Feasibility Study on Molyhil, with the ore reserve expected in the next few weeks and the mining report shortly thereafter. What is already clear now, however, is that at the prevailing price for Tungsten, Molyhill has the potential for an early payback of the capital required for its development"
A copy of the Notice of General Meeting, detailing the resolutions, is available from the Company's website at www.thormining.com
Enquiries:
Mick Billing |
+61 (8) 7324 1935
|
Thor Mining PLC |
Executive Chairman |
Allan Burchard |
+61 (8) 7324 1935
|
Thor Mining PLC |
CFO/Company Secretary |
Gerry Beaney David Hignell |
+44 (0) 207 383 5100
|
Grant Thornton Corporate Finance |
Nominated Adviser |
Nick Emerson Renato Rufus |
+44 (0) 1483 413500 |
Simple Investments |
Broker |
Alex Walters |
+44 (0) 7771 713608 |
Cadogan PR |
Financial PR |
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.