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DIRECTORS/SECRETARIES:

Michael Billing, B Bus ASA MAICD - Non Executive Chairman

Michael Billing is an accountant with more than 30 years’ of mining industry experience in company secretarial, senior commercial, and chief financial officer roles. Previous positions have included periods with Bougainville Copper Ltd, WMC Resources Ltd and Multiplex Mining. He has been involved in the evaluation of new mining operations and in the planning for and commissioning of a number of operations including gold and nickel mines around Kambalda in Western Australia, and the Suzdal gold mine in north eastern Kazakhstan. He has had experience of corporate governance issues, debt and equity fund raising, and project evaluation and feasibility studies in Australia and elsewhere.

He is a consultant to a number of companies operating in these areas and is also a director of ASX listed Southern Gold Limited.

Michael Ashton - Non-Executive Director

Michael Ashton owns a timber manufacturing business, Upper Murray Case Supplies in Riverland South Australia. He provides his products throughout Australia and worldwide. He has extensive knowledge and experience in the exploration and mining industries.

He is a shareholder in the Titeline Drilling Group, a successful exploration drilling company in Victoria which has operations all over Australia as well as in Botswana and Zambia. He is also a Director of ASX listed Western Desert Resources Limited.

 

Norman Gardner - Non-Executive Director

Norman Gardner has established and is sole owner of a concrete construction business, Kwikcon, based in Alice Springs. The business operates Tilt-Up construction, concrete supply, quarrying crushing and screening and has been involved in significant mining projects in the Northern Territories, South Australia, and Western Australia, including development and operation of the backfill plant at the Granites Gold Mine. He has an in-depth knowledge of the construction requirements of the mining industry and was involved in the construction phase of the following mining operations: White Range gold mine (Northern Territory), The Granites gold mine (Northern Territory), Tanami gold mine (Northern Territory) and Ravensthorpe nickel (Western Australia).

He has also been involved in a number of successful property developments. He has previous involvement in putting together the essential components of a successful resource company’s initial public offer and was the driving force in bringing together the various parties to form Western Desert Resources Limited. He is also Director of ASX listed Western Desert Resources Limited.

 

Greg M Durack  B.App.Sc. MAusIMM - Non-Executive Director

Mr Greg Durack is a Member of the Australian Institute of Mining and Metallurgy. A metallurgist with over 20 years experience in Australia, Papua New Guinea and Greece, he has worked primarily on gold projects, in operational and development management roles.

He is also Chief Executive Officer of ASX listed Jupiter Mines Limited.

 

Trevor J Ireland - Non-Executive Director

Mr Trevor Ireland is a geologist with more than 40 years experience in minerals exploration and corporate management. He has been involved both as a Manager and as a Company Director with mineral discoveries, economic evaluations and new mine developments covering gold, nickel, uranium and bauxite deposits in Australia and in several African countries. He is particularly associated with the discovery and development of The Granites and Callie gold mines in the Tanami region of the Northern Territory by North Flinders Mines Ltd. He served as a Director and Exploration Manager – Europe & Africa for Normandy La Source SAS, overseeing the evaluation of Ahafo and Akeyem gold orebodies in Ghana, and Tasiast gold in Mauritania, all of which have subsequently reached development or operating status. More recently, he was Managing Director of Australasia Gold Ltd.

 

Laurie Ackroyd - Chief Financial Officer and joint Company Secretary

Laurie is based in Adelaide, South Australia.

He is a qualified accountant with over 45 years experience in the building services, manufacturing and transportation industries where he held senior financial executive and Company Secretarial positions.  Until 2007 he was a Director and/or Secretary of a large number of privately owned businesses and a Director of the ASX listed company K & S Corporation Ltd and its subsidiaries.

Laurie is also Chief Financial Officer and Company Secretary of Western Desert Resources Limited.

 

Stephen F Ronaldson - Joint Company Secretary

Mr Stephen F Ronaldson is the joint company secretary as well as a partner of the Company's UK legal advisers, Ronaldsons.

Mr Ronaldson has an MA from Oriel College, Oxford and qualified as a solicitor in 1981. During his career Mr Ronaldson has concentrated on company and commercial fields of practice undertaking all issues relevant to those types of businesses including capital raisings, Financial Services and Markets Act work and placings and admissions to AIM and Ofex.

Mr Ronaldson is currently company secretary for a number of companies including eight AIM-listed PLCs

 

SENIOR MANAGEMENT:

 

Stuart Till - Exploration Manager

Mr Stuart Till is a Geologist with 20 years exploration and development experience in a variety of geological terrains and commodities.  Previously, Mr Till held a senior role with Dominion Mining Ltd for 10 years.  He brings to Thor a pragmatic, hands-on approach to modern exploration with a broad knowledge base including field logistics, equipment maintenance in remote terrains, tenement management and a thorough understanding of drilling equipment.