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Last 0.08 GBp
Change Today 0.00 / 0.00%
Volume 58.9M
As of 11:35 AM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

thor mining plc (THR) Snapshot

0.07 GBp
Previous Close
0.08 GBp
Day High
0.08 GBp
Day Low
0.07 GBp
52 Week High
05/14/14 - 0.21 GBp
52 Week Low
03/31/15 - 0.06 GBp
Market Cap
Average Volume 10 Days
-0.0005 GBp
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Dividend Yield
Current Stock Chart for THOR MINING PLC (THR)

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thor mining plc (THR) Details

Thor Mining PLC, a mineral exploration and development company, explores for and develops precious and base metal properties in Australia. It explores for tungsten and molybdenum deposits, as well as gold. The company primarily holds interests in the Molyhil Tungsten-Molybdenum Project located in the Northern Territory of Australia. It also has interests in the Dundas Gold Project located in south-east of Norseman in Western Australia; and the Spring Hill Project located in the Northern Territory of Australia. In addition, the company holds interests in the Pilot Mountain tungsten project located in Nevada. Thor Mining PLC was incorporated in 2004 and is based in London, the United Kingdom.

Founded in 2004

thor mining plc (THR) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: 112.0K GBP
Chief Financial Officer and Company Secretary
Total Annual Compensation: 16.0K GBP
Executive Director
Total Annual Compensation: 52.0K GBP
Exploration Manager
Total Annual Compensation: 119.0K GBP
Compensation as of Fiscal Year 2014.

thor mining plc (THR) Key Developments

Thor Mining PLC Announces Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2014

Thor Mining PLC announced unaudited consolidated earnings results for the six months ended December 31, 2014. For the period, the company reported operating loss of GBP 562,000 compared to GBP 383,000 a year ago. Loss before taxation was GBP 579,000 compared to GBP 380,000 a year ago. Loss for the period was GBP 579,000 compared to GBP 380,000 a year ago. Basic loss per share was 0.02 pence compared to 0.03 pence a year ago. Net cash outflow from operating activities was GBP 346,000 compared to GBP 446,000 a year ago. Purchase of property, plant and equipment was GBP 3,000. Payments for exploration expenditure was GBP 231,000 compared to GBP 392,000 a year ago.

Thor Mining PLC Announces Consolidated Cash Flow Results for the Quarter and Year-To-Date Ended December 31, 2014

Thor Mining PLC announced consolidated cash flow results for the quarter and year-to-date ended December 31, 2014. For the quarter, net operating cash out flows was AUD 310,000. For the year-to-date, net operating cash out flows was AUD 974,000.

Thor Mining PLC Provides Update on Pilot Mountain Tungsten Project Development Plan in Nevada, US

The Directors of Thor Mining PLC announced the Development Plan for the company's recently acquired Pilot Mountain tungsten project, in the US state of Nevada. The three stage development plan has been designed to optimise, develop and permit the existing Desert Scheelite resource and project Exploration Targets through to project development ready status. Tier 1 targets have demonstrated tungsten mineralisation based upon existing historic drill data generated largely by the Union Carbide Corporation in the 1970s. This data, however, is not adequate to support a resource estimate. Exploration Target values quoted above for Tier 1 areas have been derived from extrapolation of existing drill data. Tier 2 targets do not have demonstrated tungsten mineralisation but are deemed prospective as a function of favourable geology and proximity to areas of known mineralisation. Exploration Target values quoted above for Tier 2 areas have been derived by comparison with similar Tier 1 target areas and factored for relative size. Testing of Tier 2 targets will comprise part of the second stage of the development plan. The three stage development plan will comprise: confirmatory drilling of Tier 1 targets, enabling updated resource estimate including Garnet and Gunmetal deposits, initial scoping studies, and advancement of project permitting; expansion and infill of Tier 1 resource drilling and testing of Tier 2 targets, upgrade of resource estimates to enable initial assessment of reserves and continue project permitting, feasibility and associated studies; and completion of resource drilling and studies for reserve estimate and definitive feasibility study and project permitting.


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