Thor Mining's shares have been placed in a trading halt on the Australian Securities Exchange (ASX), pending the release of an announcement on the Kapunda copper project in which the company can earn up to a 45% interest.
Thor has been advised that Terramin Australia Limited will shortly be announcing a JORC 2012 inferred resource for that part of the deposit which is amenable to in-situ recovery methods that is larger than the 1992 Mineral Resource Estimate.
The trading halt on the ASX is expected to be lifted at the earlier of an announcement to the market or at commencement of trading on the ASX on 12 February 2018.
Trading in the company's ordinary shares will continue on AIM during this period.
At 9:03am: (LON:THR) Thor Mining PLC share price was 0p at 3.75p