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Thor Explorations Announces Douta Gold Project Drilling Results
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2023) - Thor Explorations Ltd. (TSXV: T...
About this update from Thor Explorations Ltd.
[{"type":"text","content":"Thor Explorations Announces Douta Gold Project Drilling ResultsVancouver, British Columbia--(Newsfile Corp. - August 31, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) (\"Thor\" or the \"Company\") is pleased to announce drill-intersections of significant gold mineralisation from the Makosa gold deposit (\"Makosa\") and the Sambara prospect at its Douta Gold Project, Senegal (the \"Douta Project\"). The Douta Gold Project encompasses the Makosa gold deposit which currently comprises a total resource of approximately 1.78 million ounces (\"Moz\") of gold (\"Au\") that consists of an indicated resource of 20.2 million tonnes (\"Mt\") grading 1.3 grammes per tonne (\"g/t\") Au for 874,900 ounces (\"oz\") Au together with an inferred resource of 24.1 Mt grading 1.2g/t Au for 909,400 oz Au. An infill drilling reverse circulation (\"RC\") drilling program has targeted the Inferred Resources material within the optimised pit shells with the objective of converting this material to the Indicated Resource classification. In addition, a diamond drilling (\"DD\") program has been completed within the Makosa and Makosa Tail areas in order obtain samples for detailed metallurgical test work. Further exploration drilling was also completed at the Sambara prospect.The Company is also pleased to announce the discovery of a new prospect, Makosa East, following the drilling of mineralized intersections.The assay results from the drilling completed to date include the following highlights:Makosa Tail: Drillhole DTRC807      3 meters (\"m\") at 23.35/tAu from 78mMakosa Tail: Drillhole DTDD0021    8m at 8.08/tAu from 36mMakosa Tail: Drillhole DTRC848      13m at 4.59/tAu from 96mMakosa Tail: Drillhole DTRC865      9m at 4.33/tAu from 93mMakosa Tail: Drillhole DTRC842      18m at 1.82/tAu from 25mMakosa: Drillhole DTDD0029           16m at 2.03g/tAu from 0mMakosa Tail: Drillhole DTRC844      10m at 3.00/tAu from 45mMakosa Tail: Drillhole DTRC812       6m at 4.94/tAu from 50mSegun Lawson, President & CEO, stated;\"We are pleased to announce further encouraging drilling results from Thor's Douta Project in Senegal. The main purpose of the drilling has been to advance the project towards development by upgradi...