Annual Report EL 22957 Spring Hill for the period 13 January 2014 to 12 January 2015

Abstract

This annual report covers exploration activities undertaken on EL 22957 for the period 13 January 2014 to 12 January 2015. EL 22957 was granted January 13, 2003 and has been managed by TM Gold a wholly owned subsidiary of Thor Mining since mid-2011 under a farmin agreement with then owners Western Desert Resources Limited. TM Gold now holds a 51% interest in the project with rights to a further 29%. EL 22957 surrounds the historic Spring Hill gold mining area and is prospective for gold in addition to tin and base metals. Due to shortage of funding no exploration activities were undertaken on the tenement during the reporting period.