US URANIUM / VANADIUM PROJECT FIRST PROJECT MILESTONE ACHIEVED - ISSUE OF MILESTONE SHARES The directors of Thor Mining Plc (“Thor” or the “Company”) (AIM, ASX: THR) are pleased to advise that high grade assay results from field sampling of the Colorado prospects have exceeded the criteria for the first milestone share issue to the vendors of American Vanadium Pty Ltd (AVU).
Highlights: • Field sampling by Thor during due diligence period showed assay results of high grade uranium (up to 1.25% U3O8 ) and vanadium (up to 3.47% V2O5) • Criteria of 15 or more samples from three of more adits/shafts at Radium Mountain & Wedding Bell prospects returning grades >= 0.1% U3O8, or 1.0% V2O5, or equivalent, has been met.
THR Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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