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Further High Grade Gold Intersections Received at the Douta Gold Project in Senegal
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2022) - Thor Explorations Ltd. (TS...
About this update from Thor Explorations Ltd.
[{"type":"text","content":"Further High Grade Gold Intersections Received at the Douta Gold Project in SenegalVancouver, British Columbia--(Newsfile Corp. - November 16, 2022) - Thor Explorations Ltd. (TSXV: THX) (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:Drillhole DTRC561 7m at 8.96 g/t gold (\"Au\") from 67m (including 1m at 52.7 g/tAu)Drillhole DTRC540 4m at 13.82 g/tAu from 44mDrillhole DTRC570 6m at 5.72 g/tAu from 59m (including 3m at 8.9 g/tAu)Drillhole DTRC539 10m at 3.80 g/tAu from 59mDrillhole DTRC536 17m at 1.22 g/tAu from 15mDrillhole DTRC550 17m at 2.02 g/tAu from 80m (including 1m at 7.7 g/tAu)Drillhole DTRC526 2m at 12.98 g/tAu from 73mDrillhole DTRC535 11m at 2.23 g/tAu from 39m (including 1m at 8.44 g/tAu)Drillhole DTRC555 10m at 2.70 g/tAu from 31mDrillhole DTRC556 11m at 2.30 g/tAu from 78mDrillhole DTRC560 5m at 4.80 g/tAu from 74mSegun Lawson, President & CEO, stated:\"We are pleased to announce further, very positive drilling results from the southern parts of the Makosa resource area. In addition to upgrading the resource to a mostly indicated classification, the current drilling program was designed to test interpreted higher-grade parts of the deposits that were thought to be related to cross-structures. Several high-grade intervals with grades of up to 13.8 g/tAu were encountered during the drilling showing that more higher-grade material has been delineated in line with the program objectives. \"Notably, we continue to encounter strong mineralisation from the surface, and at relatively shallow depths. We are continuing this theme of shallow drilling along the entire strike length of the deposit, with the objective of delineating a high grade, ...