Table 1: Molyhil Mineral Resource Estimate by JORC (2012) classification as at May 28 2024 (as announced to the ASX by Thor Energy PLC on 31 May 2024), reported at a cut- off grade of 0.05% WO3 Tungsten which is consistent with the assumed open cut mining technique.
Note:
1. 0.05% Cut-off
2. MRE reported to 150m RL
3. Based on Open Pit mining scenario
4. MRE was completed by Luke Burlet, Director H&S Consultants Pty Ltd
5. Variability of summation may occur due to rounding to appropriate level of significant figures.
| Category | '000 Tonnes | WO3 Grade % | Tonnes | Mo Grade % | Tonnes | Cu Grade % | Tonnes |
|---|---|---|---|---|---|---|---|
| Measured | 1,160 | 0.34 | 3,900 | 0.11 | 1,300 | 0.06 | 700 |
| Indicated | 1,664 | 0.27 | 4,600 | 0.10 | 1,600 | 0.05 | 800 |
| Inferred | 1,823 | 0.20 | 3,600 | 0.08 | 1,500 | 0.03 | 550 |
| TOTAL | 4,647 | 0.26 | 12,100 | 0.09 | 4,400 | 0.04 | 2,050 |
1. 0.05% Cut-off
2. MRE reported to 150m RL
3. Based on Open Pit mining scenario
4. MRE was completed by Luke Burlet, Director H&S Consultants Pty Ltd
5. Variability of summation may occur due to rounding to appropriate level of significant figures.