uk announcement

THOR MINING PLC

URANIUM EXPLORATION UPDATE

Dated: 28 May 2008

Thor Mining PLC (the "Company" or "Thor"), AIM, ASX: "THR" the specialist metals company
focused on advancing tungsten-molybdenum and
uranium projects in the Northern Territory of Australia, today announces an update on current
exploration activities at its uranium
exploration projects in the Northern Territory of Australia.

At Bundey River Uranium Project 2,500 metres of air-core drilling will be completed during
May and June to test for roll front style
mineralisation in the palaeo-channels identified and modelled from the airborne EM survey
completed in January 2008. A detailed
interpretation of the data has been received from Montana GIS. A number of basement conductors
have also been identified which may have base
metal potential, a few of these will be selected for drill testing at the completion of the
program. The drilling rig being used has
slimline RC capability to 120m.

Commenting on the planned work, Thor Mining's Chief Executive Officer, Mr John Young said:
"A number of drilling targets have now been
identified and this short program is designed to focus on targets identified within the top
100m. This is our first drilling program for
2008 and we are planning on completing further work on the Harts Range Uranium Project when
suitable drilling equipment has been
contracted