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Thor Explorations Ltd V.THX

Alternate Symbol(s):  THXPF

Thor Explorations Ltd. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, development and production of mineral properties located in Nigeria, Senegal and Burkina Faso. It holds a 100% interest in the Segilola Gold Project located in Osun State, Nigeria and has a 70% economic interest in the Douta Gold Project located in south-eastern Senegal. The Company’s flagship project is the gold producing Segilola Gold Project located in Osun State, Nigeria, approximately 120 kilometers (km) northeast of Lagos. The Douta Gold Project is a gold exploration permit, E02038, which covers an area of approximately 58 square kilometers (km2) and is located within the Kenieba inlier, eastern Senegal. The Company also owns approximately 85% interest in the Douta-West Licence which lies contiguous to the Douta Gold Project and over 80% interest in the Sofita Licence located approximately 20 kilometers (kms) south of the Douta Gold Project.


TSXV:THX - Post by User

Post by Goldenboy1180on Aug 09, 2021 5:23am
142 Views
Post# 33670619

News out ! Driling results from Makosa Bridge !

News out ! Driling results from Makosa Bridge !

NEW MAKOSA "BRIDGE" MINERALISATION AT THE DOUTA GOLD PROJECT, SENEGAL

Thor Explorations Ltd. (TSXV / AIM: THX) ("Thor" or the "Company") is pleased to announce further drilling results from the southern Makosa Tail and Makosa Bridge prospects at its Douta Project, Senegal. Wide-spaced exploratory drill sections were completed over a 1,600m previously untested gap between Makosa to the north and Makosa Tail to the south. This zone is referred to as Makosa Bridge. Results received to date indicate that gold mineralisation is developed within sheared sedimentary and gabbroic host rocks over the strike length of Makosa Bridge thus connecting Makosa Tail and Makosa.
 

Segun Lawson, President & CEO, stated

"The initial drilling results from the newly discovered Makosa Bridge prospect are very encouraging. Importantly, the results have established that continuous gold mineralisation is developed over a strike length of nearly 7.5km extending from Makosa Tail in the south to Makosa North. From these reconnaissance drill results it appears that the Makosa system is developing in scale and Makosa North is not yet closed off to the north. We are looking forward to receiving the last set of results aimed at extending Makosa North, after which we will be working towards a maiden resource at Makosa."


This company and its CEO just do what they said they would do. I like that a lot !

There's a lot going on with that company, it's a great show to watch coming so many news release in such a short period of time !

GLTYA

Goldenboy

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