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Metal & Mining Stocks
Thor Explorations (TSXV: THX) Reports Gold Discovery on Douta-West Licence in Senegal
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Highlights
Thor Explorations Ltd. (TSXV:TSX) has announced significant drilling results from its Douta-West Licence, part of the Douta Gold Project in Senegal. The company has intersected high-grade gold mineralization in its first two discovery drill holes on the recently acquired Douta-West licence. These drill holes are part of Thor's regional exploration program for 2025, aimed at expanding the gold resource in the area.
The Douta-West Licence, located to the west of the original Douta licence, hosts the Makosa gold deposit, which currently has a total resource of approximately 1.78 million ounces of gold. This includes 874,900 ounces in the Indicated Resource category and 909,400 ounces in the Inferred Resource category. The new drill results from the Baraka 3 Prospect, which was identified in 2024, continue to show promising potential for additional gold discoveries.
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