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announcement out

New drill results extend depth of gold mineralisation at
Thor’s Spring Hill Gold Project (NT)
Further assay results have now been received from the 2012 Spring Hill drill program Thor Mining PLC’s (“Thor”) (AIM, ASX: THR) Spring Hill gold project south of Darwin in Australia’s Northern Territory (figure 1).
Highlights include:
• SHDD008B 8.4m at 1.47 grams/tonne (g/t) gold (Au) from 189.5m
including: 0.5m at 5.45 g/t Au from 189.5m
and: 0.25m at 22.73 g/t Au from 193.0m
3.0m at 4.70g/t Au from 217.8m
including: 0.6m at 22.1 g/t Au from 219m
39.7m at 0.49 g/t Au from 326.2m
• SHDD010 7.0m at 2.34 g/t Au from 385m
including: 1.0m at 12.73 g/t Au from 387m
21.0m at 1.02 g/t Au from 397m
including: 3.0m at 4.08 g/t Au from 404m
and: 1.0m at 2.12 g/t Au from 417m
• Refer to Table 1 for the full report of significant intersections including estimated
true widths for assays received to date
The results for these two holes indicate depth extension in the order of 100m to the gold mineralising system for the Hong Kong lode (figures 2 & 3). Resource estimation modelling will follow final assays to determine the grade distribution within the lode.
Commenting, Mr Mick Billing, Executive Chairman of Thor Mining, said,
“This is an encouraging extension to the known mineralisation at Spring Hill. While we do not have all the assays from the program and therefore cannot speculate on any possible resource extensions, it is encouraging to confirm the extensions to the mineralised system.”
Project Equity – Thor to increase to 51%

Expenditure at Spring Hill has exceeded the amount required for Thor to exercise its option to increase its equity to 51%, and notice has been provided to joint venture partner Western Desert Resources (WDR) which has commenced a verification review of that expenditure.