Dual listing on the ASX

Thor Mining PLC
18 April 2006

                                 THOR MINING PLC

                 DUAL LISTING ON THE AUSTRALIAN STOCK EXCHANGE


Dated: 18 April 2006


The Director's of Thor Mining PLC ('Thor' or the 'Company'), the mineral
exploration and development company focussed on advancing tungsten and
molybdenum projects in the Northern Territory of Australia, today announced they
were evaluating a proposal to dual list the Ordinary Shares of the Company on
the Australian Stock Exchange ('ASX') whilst continuing to trade on the AIM
market of the London Stock Exchange ('AIM').

The proposal is part of the strategic planning for a future fund raising planned
in late 2006 to finance the development of the Molyhil Project. The terms and
conditions and timing of the fund raising are dependent on the outcome of the
definitive feasibility study, currently under way, announced on 4 April 2006.

As part of the preparation for a listing on the ASX and to comply with the
listing requirements in chapters 1 and 2 of the ASX Listing Rules it is the
intention of the Directors to consolidate the share capital of the Company for
which shareholders approval will be sought. Further Thor will be required to
have 400 to 500 shareholders holding shares with a value greater than AUS$2,000.
It is therefore proposed to raise approximately AUS$ 1.2 million from potential
investors in Australia. The Company will be required to prepare a prospectus to
comply with the ASX Listing Rules and the AIM Rules and this document will be
made available to all shareholders at the appropriate time.

The Directors propose to hold an extraordinary meeting of the shareholders of
the Company towards the end of May 2006 to seek the approval of the shareholders
to proceed with the proposed dual listing on the ASX, for the share
consolidation and for any other related matters.

Further announcements will be made in due course. The Directors believe a
decision as to whether they will proceed with the proposed listing on the ASX
will be made in the next three to four months.


Enquiries:

John Barr           00 61 418 912 885   Thor Mining PLC                      Executive Chairman

John Simpson        020 7512 0191       ARM Corporate Finance Ltd            Nominated Adviser

Abigail Singleton   020 7429 6606       Conduit PR                           Public Relations
                    or
                    07739 461 061



Updates on the Company's activities are regularly posted on Thor's website
www.thormining.com, which includes a facility to register to receive these
updates by email.


                      This information is provided by RNS
            The company news service from the London Stock Exchange