Uranium Drill Approvals Granted

The directors of Thor Energy Plc ("Thor") (AIM, ASX: THR, OTCQB: THORF) are pleased to announce that all approvals have been granted for drilling at the Company's 100% owned Wedding Bell and Radium Mountain Projects, located southwest Colorado, USA (Figure 1).

Project Highlights:

§ All approvals and permits have been granted to commence follow-up drilling at Wedding Bell and Radium Mountain projects including Rim Rock and Groundhog Prospects (Figure 1).

§ Options for drill programmes include testing along strike of the known mineralisation at Rim Rock and Groundhog that may, if successful form part of any future mineral resource estimations.

Photo 1: Collecting background Scinotometer readings over proposed drill pads

Nicole Galloway Warland, Managing Director of Thor Energy, commented:

"Thor is delighted to now have all approvals in place for drilling at our priority uranium and vanadium prospects, at the Wedding Bell and Radium Mountain Projects.

"Thor would like to thank the supportive local communities, enabling us to now move forward with our exploration of these projects."

Figure 1: Wedding Bell and Radium Mountain Projects, Colorado

The Board of Thor Energy Plc has approved this announcement and authorised its release.