Thor Explorations Ltd

Thor Explorations Limited (THX:TSX-V) is a gold exploration and development company focussed on delivering high value gold projects in West Africa. Thor is currently advancing two high quality gold projects gold projects, the near-term production high grade Segilola Gold Project in Nigeria and the Douta Gold Project in Senegal. Thor also has a JV with Acacia Mining in the Hounde Greenstone Belt in south-west Burkina Faso. At Segilola, Thor is currently undertaking a Definitive Feasibility Study, which has a current a probable reserve of 448,000 ounces grading at 4.2 g/t, within an indicated resource of 556,000 ounces grading at 4.2g/t and an additional inferred resource of 306,000 ounces grading at 4.7g/t. Thor is targeting first production at Segilola in early 2020. Thors second project, the Douta Gold Project in south-eastern Senegal lies within the Keneiba Inlier, which hosts significant gold resources and has attracted major international mining companies. The Douta Project h...