Thor Mining Plc provide an update to the Mineral Resource Estimate of its 100% owned critical minerals tungsten asset, the Molyhil Project ("Molyhil"), in the Northern Territory of Australia. The Molyhil Mineral Resource Estimate now comprises Measured, Indicated, and Inferred Mineral Resources totalling 4.4 million tonnes at 0.27% WO3 (Tungsten trioxide), 0.10% Mo (Molybdenum), 0.05% Cu (Copper) and 17.75% Fe (Iron) using a 0.07% WO3 cut-off (Table A). New Measured classification in the upper portion of the Southern Lode Concurrent 3D geological modelling identifies priority drill targets to increase resource. New exploration targets identified near the existing resource. July 2020 ­ the Northern Territory government announced that the Molyhil Project had been awarded Major Project Status Next Steps: Geotechnical drilling for pit wall optimisation, ore sorting review, and drill testing of priority resource and regional targets. Continued discussions with potential financiers and joint venture partners to advance the project. Molyhil is located 220 kilometres north-east of Alice Springs (320 km by road) within the prospective polymetallic province of the Proterozoic Eastern Arunta Block in the Northern Territory (place name `Moly Hill'). The mine is located on Jervois Station and is east of the Elua Range.