TIDMTHR

Thor Energy PLC

30 November 2023

RNS Reach

30 November 2023

Thor Energy PLC

("Thor" or the "Company")

Conference Attendance

South Australian Exploration and Mining Conference

The directors of Thor Energy Plc ("Thor") (AIM, ASX: THR, OTCQB: THORF) are pleased to announce the Company's attendance at the South Australian Exploration and Mining Conference (SAEMC) on Friday, 1 December 2023.

The SAEMC is an annual, collaborative event that brings together both the exploration and mining industries in South Australia.

Nicole Galloway Warland, Managing Director at Thor Energy Plc, will be delivering a presentation in Session 1 at 9 am.

Following the conference, the investor deck will be available on the website here:

https://thorenergyplc.com/category/investor-presentation/

For any further information or to book a meeting with Nicole Galloway Warland, please email thor@yellowjerseypr.com.

The Board of Thor Energy Plc has approved this announcement and authorised its release.

For further information, please contact:

 
 Thor Energy PLC 
 Nicole Galloway Warland, Managing Director     Tel: +61 (8) 7324 
                                                 1935 
  Ray Ridge, CFO & Company Secretary 
                                                 Tel: +61 (8) 7324 
                                                 1935 
 WH Ireland Limited (Nominated Adviser and      Tel: +44 (0) 207 
  Joint Broker)                                  220 1666 
 Antonio Bossi / Darshan Patel / Isaac Hooper 
 SI Capital Limited (Joint Broker)              Tel: +44 (0) 1483 
                                                 413 500 
 Nick Emerson 
 Yellow Jersey (Financial PR)                   thor@yellowjerseypr.com 
 Sarah Hollins / Shivantha Thambirajah /        Tel: +44 (0) 20 
  Bessie Elliot                                  3004 9512 
 

Updates on the Company's activities are regularly posted on Thor's website https://thorenergyplc.com which includes a facility to register to receive these updates by email, and on the Company's X page @thorenergyplc

About Thor Energy Plc

The Company is focused on uranium and energy metals that are crucial in the shift to a 'green' energy economy. Thor has a number of highly prospective projects that give shareholders exposure to uranium, nickel, copper, lithium and gold. Our projects are located in Australia and the USA.

Thor holds 100% interest in three uranium and vanadium projects (Wedding Bell, Radium Mountain and Vanadium King) in the Uravan Belt in Colorado and Utah, USA with historical high-grade uranium and vanadium drilling and production results.

At Alford East in South Australia, Thor has earnt an 80% interest in oxide copper deposits considered amenable to extraction via In Situ Recovery techniques (ISR). In January 2021, Thor announced an Inferred Mineral Resource Estimate (1) . Thor also holds a 30% interest in Australian copper development company EnviroCopper Limited, which in turn holds rights to earn up to a 75% interest in the mineral rights and claims over the resource on the portion of the historic Kapunda copper mine and the Alford West copper project, both situated in South Australia, and both considered amenable to recovery by way of ISR. (2)(3)

Thor holds 100% of the advanced Molyhil tungsten project, including measured, indicated and inferred resources , in the Northern Territory of Australia, which was awarded Major Project Status by the Northern Territory government in July 2020. Thor executed a A$8m Farm-in and Funding Agreement with Investigator Resources Limited (ASX: IVR) to accelerate exploration at the Molyhil Project on 24 November 2022.(6)

Adjacent to Molyhil, at Bonya, Thor holds a 40% interest in deposits of tungsten, copper, and vanadium, including Inferred resource estimates for the Bonya copper deposit, and the White Violet and Samarkand tungsten deposits. Thor's interest in the Bonya tenement EL29701 is planned to be divested as part of the Farm-in and Funding agreement with Investigator Resources Limited.(6)

Thor owns 100% of the Ragged Range Project, comprising 92 km(2) of exploration licences with highly encouraging early-stage gold and nickel results in the Pilbara region of Western Australia.

Notes

(1) https://thorenergyplc.com/investor-updates/maiden-copper-gold-mineral-resource-estimate-alford-east-copper-gold-isr-project/

(2) www.thorenergyplc.com/sites/thormining/media/pdf/asx-announcements/20172018/20180222-clarification-kapunda-copper-resource-estimate.pdf

(3) www.thorenergyplc.com/sites/thormining/media/aim-report/20190815-initial-copper-resource-estimate---moonta-project---rns---london-stock-exchange.pdf

(4) https://thorenergyplc.com/investor-updates/molyhil-project-mineral-resource-estimate-updated/

(5) www.thorenergyplc.com/sites/thormining/media/pdf/asx-announcements/20200129-mineral-resource-estimates---bonya-tungsten--copper.pdf

(6) https://thorenergyplc.com/wp-content/uploads/2022/11/20221124-8M-Farm-in-Funding-Agreement.pdf

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END

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November 30, 2023 07:00 ET (12:00 GMT)

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