Ann: US Uranium/Vanadium Milestone Achievement, page-3

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.