hahahha announcement out

like we couldnt see that coming ouchhhhhhh

just in touch for mike';s preso today also- smells very very very fishy, but im happy to be in, then out

Latest higher grade results confirm gold mineralisation extension to
Thor’s Spring Hill Gold Project (NT)
Further improved grades and extensions of known gold mineralisation have been confirmed in remaining assays from drilling into the main Hong Kong Zone within Thor Mining PLC’s (“Thor”) (AIM, ASX: THR) Spring Hill gold project south of Darwin in Australia’s Northern Territory (figure 1).
Three holes were drilled into the Hong Kong mineralisation to test possible extensions to the zone, as part of Thor’s broader 2012 drilling program across multiple targets at Spring Hill.
Latest highlights, in addition to those announced earlier this week, include:
• SHDD012 46.7m at 2.4 grams per tonne (g/t) gold (Au) from 300.6m
Hong Kong lode
including: 9.4m at 2.9 g/t Au from 313m
and: 4.0m at 7.6 g/t Au from 337m
• SHDD010 30.2 m at 2.7 g/t Au from 145.3m
Mineralised zone to east of Hong Kong:
including: 2.7m at 17.7 g/t Au from 145.3m
and: 5.0m at 4.9 g/t Au from172m
Refer to Table 1 for the full report of significant intersections including estimated true widths for assays received to date
The additional results strengthen the indications of depth extension to the gold mineralising system for the Hong Kong lode (figures 2, 3, and 4), and suggest an improvement in the grade to the south. The SHDD010 results appear to support strike extension of the new lode identified earlier in SHDD008B, which has not been previously modelled.
It is proposed to undertake resource estimation during the next 3 months, once check-assaying has been completed.
Commenting, Mr Mick Billing, Executive Chairman of Thor Mining, said,
“We are delighted to be able to report additional results showing higher average grades and extensions to the known mineralisation at Spring Hill. While we still have some work to finalise the evaluation, these are very encouraging signs.”

The three holes into the Hong Kong lode have extended known depth of mineralisation by at least 100 metres over a strike length of at least 125 metres. Gold grade appears to be increasing toward the south. The newly identified extension to the Hong Kong mineralising system is open down plunge and to the south. Drillhole SHDD012 was stopped in mineralisation therefore leaving the Hong Kong partially open to the west. In addition approximately 30 metres to the east of the Hong Kong a new lode has been identified.
Next Steps
Follow up work commencing immediately, and through to the next dry season, is likely to involve the following;
• Finalise check analyses on low grade assays,
• Resource estimate update and open cut mine optimisation,
• Plan and execute follow-up resource extension drilling
• Plan and implement lease wide exploration program.