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INVESTOR UPDATE

Uranium Drilling Results, Wedding Bell and Radium Mountain, USA

READ THE FULL ASX ANNOUNCEMENT
The directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR, OTCQB: THORF) are pleased to provide uranium drilling results from the recently completed drilling program at the Company’s 100%-owned Wedding Bell and Radium Mountain Projects, Colorado, USA.

Project Highlights:

• Initial drilling confirms the extensive lateral continuity and high uranium prospectivity of the Wedding Bell and Radium Mountain Projects.

• Key grade intersections include:

Groundhog 

• 2.1m @ 0.036% eU3O8 from 85m (22WBRA012A), including 0.3m @ 0.14% eU3O8
• 1.2m @ 0.034% eU3O8 from 78m (22WBRA013), including 0.5m @ 0.5% eU3O8

Rim Rock
• 0.3m @ 0.072% eU3O8 from 59.7m (22WBRA014)

Section 23

• 0.5m @ 0.051% eU3O8 from 102.6m (22WBRA002)
• 0.6m @ 0.021% eU3O8 from 92.4 m (22WBRA011), and
• 0.5m @ 0.03% eU3O8 from 100m

(eU3O8 denotes that the uranium grade has been determined by downhole gamma logging.)

Photo 1: Downhole gamma logging by Jet West

"As the first company to access and drill test this highly prospective area, the intersection of uranium bearing reduced sandstones at the newly tested Section 23 prospect is exciting to see, as is the continuity of high-grades along strike of historic workings at both at Rim Rock and Groundhog.

We look forward to updating shareholders further on these promising USA assets."

- Managing Director Nicole Galloway Warland
READ THE FULL ASX ANNOUNCEMENT

ABOUT THE

USA URANIUM - VANADIUM PROJECTS

Thor Mining holds a 100% interest in three uranium-vanadium projects in the highly prospective Uravan Mining Belt on the border of Utah and Colorado. The Wedding Bell Project and the Radium Mountain Project are both in Colorado and comprise of 199 mineral claims over areas of historical high grade uranium and vanadium production. The Vanadium King Project in south-east Utah comprises of 100 mineral claims, approximately 40km north of the town of Moab.
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LATEST

NEWS

Uranium Drilling Approvals Granted

August 17, 2023

All approvals have been granted for drilling at the Wedding Bell and
Radium Mountain Projects, located in the historic uranium-vanadium mining district within the Uravan
Mineral Belt, southwest Colorado, USA

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Uranium Targets Identified

July 26, 2023

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Global Mining Review Article – The Power Of Uranium

July 15, 2023

In this Global Mining Review article Nicole Galloway Warland, Managing Director, Thor Energy Plc, explores the current challenges facing nuclear fuel supply, and how the complex combination of supply and demand factors mean that Uranium miners operating in friendly juristictions are certain to benefit.

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Investor Presentation – RIU Sydney 2023

May 8, 2023

Thor Energy Plc is pleased to provide investors a chance to view the presentation titled “New Green Economy: Exploring for Uranium
and Energy Metals”, delivered by Nicole Galloway Warland, Managing Director, at Resources Round Up in Sydney 2023.

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Technical Presentation – Geohug (May 2023)

May 8, 2023

Watch MD Nicole Galloway Warland presentation about the fascinating world of uranium/vanadium exploration and Thor Energy’s Projects in the Uravan Mineral Belt in the USA, where uranium-vanadium mining has produced over 85 million lbs of U3O8 and 660 million lbs of V2O5 over the past century.

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