Thor Explorations Drilling Extends High-Grade Oxide Gold at Senegal’s Douta Project

Thor Explorations ( (TSE:THX) ) has issued an update.

Thor Explorations has reported the first drilling results from its 2026 campaign at the Douta Gold Project in Senegal, confirming high-grade, shallow oxide mineralisation across the Baraka 3, Makosa Tail and Bousankhoba areas. The work follows completion of a pre-feasibility study earlier this year and targets both extensions of existing deposits and new prospects within three contiguous licences.

Key intercepts include 7 metres at 4.28 g/t gold at Baraka 3 and 4 metres at 17.0 g/t at the Bousankhoba prospect, indicating scope to expand the current oxide resource base and improve overall project economics. Management expects the 40,000-metre program to upgrade inferred resources within pit shells, extend the oxide mine life and enhance reserves, with post-PFS work advancing toward full permitting and a planned construction start later in the year.

More about Thor Explorations

Thor Explorations is a West Africa-focused gold mining and exploration company listed on the TSX Venture Exchange and AIM under the ticker THX. Its flagship asset is the Douta Gold Project in eastern Senegal, which hosts the Makosa and Baraka 3 deposits with a combined resource of about 1.97 million ounces of gold and proven reserves supporting a long-life, low-cost oxide operation.

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