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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

Comment by stockpunter2on Aug 08, 2024 6:29pm
78 Views
Post# 36170370

RE:RE:RE:POG

RE:RE:RE:POGWasn't there some weird claim about lost or delayed samples sent for analysis outside Nigeria from Douha?  I gather that metallurgy can be key, with gold more easily extracted from oxide vs sulphides, for example.  That is why they emphaisize they are currently expanding the oxide component of the resource.  Maybe much of that project turns out to have questionable economics.
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