Ann: Notice Under Section 708A, page-6

Would not like to be out of THR this weekend. Could be an ANN tonight in London would lift the spirits of our London mates in lockdown or even Monday before start of trade. IMO dyor

PILBARA GOLDFIELDS RAGGED RANGE PROJECT
AIRBORNE MAGNETICS SURVEY COMMENCES

The directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR) are pleased to advise the
commencement of a close spaced airborne magnetics survey over the 100% owned
Ragged Range Project (E46/1262, E46/1190 and also adjacent application area
E45/1355), located in the Pilbara Goldfield tenements, in Western Australia.
The Survey is being flown by MAGSPEC Airborne Surveys Pty Ltd on a 50m traverse
spacing, with flight lines perpendicular to prospective stratigraphic and structural
controls in the area. The survey is anticipated to take approximately 6 days, with Thor
anticipating processed and modelled data for release early November.

Highlights:

• High resolution close spaced airborne magnetics survey commences over full
tenement package.

• The airborne magnetics survey is designed to map out the underlying
mafic/ultramafic greenstones and to identify key prospective structures.

• Next exploration steps to commence immediately following the airborne
geophysical survey, include further mapping and infill stream sediment sampling
along the 13km gold target zone (THR Announcement 2 September 2020).

Mick Billing, Executive Chairman of Thor Mining, commented:

“Drilling for gold mineralisation at Ragged Range is a key near term objective for Thor,
and identified as a priority in the recent capital raising”

“This airborne magnetic survey, along with the sampling program, also to be conducted
during October, is an important part of the process towards selection of targets for drill
testing.“