Thor’s most advanced project is the Segilola Gold Project, located in Osun State Nigeria, which The Segilola Gold Project is considered Nigeria’s most advanced gold project with an indicated resource of 556,000 ounces grading at 4.2g/t, an inferred resource of 306,000 ounces grading at 4.7g/t and a probable reserve of 448,000 ounces grading at 4.2 g/t.
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 major international mining companies. Thor is currently advancing the Makosa Discovery in its Douta Licence following a successful RC drilling campaign in 2017.
Thor Explorations Ltd.