3rd October 2006
Deep Reverse Circulation drilling program completed at Molyhil as part of current Definitive
Feasibility Study.
Significant widths of Molyhil black rock magnetite skarn intersected in four of the deeper holes
with visual molybdenum-tungsten mineralisation identified.
Results confirm depth extensions of the key Yacht Club and Southern orebodies.
Thor Mining PLC (AIM: THR, ASX: THR), an AIM and ASX quoted mineral exploration and development
company, announces significant results from a recently completed program of deep drilling at its 100%-
owned Molyhil Tungsten-Molybdenum Project in the Northern Territory. The results have confirmed
depth extensions at both the Yacht Club and Southern orebodies at Molyhil.
The program of deep Reverse Circulation (RC) drilling at Molyhil was completed on 30 September 2006,
with two extra holes completed beneath the Yacht Club and Southern ore bodies. A total of 9 holes have
been completed for 1,809m. The drilling was designed to test for depth extensions of the Molyhil resource,
which currently totals 2.38 million tonnes at a combined Tungsten-Molybdenum uncut grade of 0.80%.
Previous magnetic modelling indicates that the Molyhil resource continues to a depth of at least 450m
below surface.
..(continues)
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