www.thormining.com.au
Thor Mining (ASX: THR, AIM: THR) is a minerals exploration and development company focused on gold and base metals exploration along with progressing towards development of a tungsten and molybdenum project in the Northern Territory of Australia. They have a portfolio of properties in the Northern Territory of Australia, and in Western Australia.
In January 2011, the company agreed terms to acquire up to an 80% interest in this project. Spring Hill hosts an Indicated Resource of 274,000oz gold within 3.64Mt @ 2.34 grams per tonne (g/t) gold.
Thor Mining appoints Trevor Ireland to the board
Australia operating exploration company Thor Mining (AIM, ASX: THR) has appointed Trevor Ireland as a non-executive director. The appointment is the second major initiative for the company this year under its new growth strategy, the group said. Ireland is a geologist with more than 40 years experience in minerals exploration and corporate management.
“Mr Ireland's experience and capabilities will be invaluable to the company as the Thor has embarked on an expanded exploration and acquisition strategy focused initially on Western Australia with an emphasis on new mainstream resources commodities opportunities in addition to Thor's historic portfolio of projects in the Northern Territory”, Thor Mining stated.
The company said that Ireland’s career credits include the discovery of two of the Northern Territory's producing gold mines, namely The Granites and Northern Territory's largest gold mine, Callie.
Earlier this month, Thor announced its maiden expansion into gold, and with it, its first move into Western Australia with the proposed acquisition of the greenfields Dundas gold exploration project near Norseman, southeast of Kalgoorlie. Thor said it is also committed to developing its Molyhil tungsten/molybdenum project in the Northern Territory as metal prices improve.
