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Thor Explorations Ltd. Announces New Sambara Discovery and Further Positive Drill Results from Makosa at the Douta Gold Project, Senegal
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2022) - Thor Explorations Ltd. (T...
About this update from Thor Explorations Ltd.
[{"type":"text","content":"Thor Explorations Ltd. Announces New Sambara Discovery and Further Positive Drill Results from Makosa at the Douta Gold Project, SenegalVancouver, British Columbia--(Newsfile Corp. - September 12, 2022) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) (\"Thor\" or the \"Company\") is pleased to announce initial drilling results from both the newly discovered Sambara Prospect together with continued encouraging results from the Makosa gold deposit (\"Makosa\") at its Douta Gold Project, Senegal (the \"Douta Project\").The Douta Gold Project currently encompasses the Makosa gold deposit which currently comprises an Inferred Resource of 730,000 ounces of gold as announced in its maiden Mineral Resource Estimate (\"MRE\") published on 18 November 2021. A comprehensive exploration program, comprising approximately 5,000 metres of reverse circulation (\"RC\") drilling in the first phase, was designed to both upgrade parts of the existing resource and to test a newly identified target located towards the northern parts of the exploration licence which is known as Sambara. Initial results suggest that Sambara could potentially develop into a supplemental high-grade resource. In addition, drilling at the southern extremity of Makosa has resulted in a high grade intersection which indicates that robust mineralisation extends at depth.Highlights include:SambaraDrillhole DTRC426 6m at 4.80g/t Au from 65mDrillhole DTRC431 6m at 4.80g/t Au from 12mDrillhole DTRC491 2m at 6.39g/t Au from 8mDrillhole DTRC493 6m at 2.58g/t Au from 57mDrillhole DTRC497 2m at 5.85g/t Au from 26mMakosaDrillhole DTRC504 8m at 4.77g/t Au from 62mDrillhole DTRC506 4m at 2.95g/t Au from 1mSegun Lawson, President & CEO, stated\"We are pleased to report a successful initial drilling campaign on the Sambara prospect. Significantly, this has established that gold mineralisation is developed in the northern parts of our exploration permit. We look forward to advancing exploration on this discovery which we hope will supplement the Makosa resource. \"In addition, the first batch of samples from the Makosa upgrade drilling program have produced very positive results that suggest that the resource may extend at depth. We are looking forward to receiving further results from our drilling program which will continue over the next six weeks.\"IntroductionThe Douta Gold Project...