Thor Explorations Ltd is a TSX-V (THX:TSX-V) and AIM (THX:AIM) listed Canadian gold exploration and development company engaged in the acquisition, exploration and development of mineral properties in West Africa.
Thor has assembled a portfolio of exploration assets in West Africa which are being advanced through exploration and development.
Thor’s most advanced project is its 100% owned Segilola Gold Project, located in Osun State Nigeria. The Segilola Gold Project is considered Nigeria’s most advanced gold project with a total probable reserve of 517,800 ounces of gold grading at 4.02g/t as of March 2021. The project is scheduled to pour its first gold in June 2021.
In addition to the Segilola Project, Thor holds a 70% interest in the Douta Gold Project located in south-eastern Senegal. The Douta Gold Project lies within the Kénéiba Inlier, which hosts significant gold resources and has attracted several major international mining companies. Thor is currently advancing the Makosa Discovery in its Douta Licence following a number of successful RC and diamond drilling campaigns. Thor is advancing the Makosa Discovery to a maiden resource in 2021.
Thor also holds a 49% interest in the Central Houndé Project, Burkina Faso. This Project consists of three contiguous : Ouéré, Bongui and Legue gold permits located in the prospective Houndé greenstone belt, south west Burkina Faso which are being advanced through an Earn-In Agreement with Barrick Gold Corporation.
Thor also has a portfolio of licences in south-west Nigeria, a region the Company considers to be a largely unexplored part of West Africa with highly prospective geology, significant artisanal and small scale gold mining. The Company’s exploration licences in the region cover approximately 913 km2.
Thor trades on the TSX Venture Exchange under the symbol “THX”.