Ann: Quarterly Activities Report, page-2

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    Commenting, Mr Mick Billing, Executive Chairman of Thor Mining, said:
    "We continue to work steadily on both our tungsten and gold businesses. The savings in the Molyhil capital expenditure estimate are welcome and lower the hurdle for development. Pleasingly a number of potential financiers continue to assess this project, and we remain hopeful that project finance will be secured in the near term. The process of acquiring the balance of ownership of the Spring Hill gold project, to give Thor full ownership and control of this robust gold opportunity, continues without impediment. We welcome the recent investment commitment particularly by UK investors towards the upside in Spring Hill and plan some targeted exploration activity on this important asset".
 
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