Announcement Date: 2022-11-16
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Thor Explorations Ltd.
Project name: Douta
Location: Senegal
Commodities: Gold
Highlight: Drilling results incl. 7m at 8.96g/t Au from 67m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Thor Explorations Ltd. (TSX VENTURE/AIM: THX) (“Thor” or the “Company”) is pleased to announce additional drilling results from the Makosa gold deposit (“Makosa”) at the Douta Gold Project, Senegal (the “Douta Project”). The Douta Gold Project encompasses the Makosa gold deposit which currently comprises an Inferred Resource of 730,000 ounces of gold, grading at 1.53 grams per ton (“g/t”), as announced in its maiden Mineral Resource Estimate (“MRE”) published on 18 November 2021. The results are the latest from an ongoing comprehensive exploration program of reverse circulation (“RC”) drilling, which was designed to both upgrade parts of the existing resource and to specifically target potentially higher-grade parts of the deposit. Highlights include
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