Thor Explorations Reports Promising Drilling Results at Douta Gold Project

Thor Explorations ( (TSE:THX) ) just unveiled an update.

Thor Explorations Ltd. announced promising drilling results from its Douta-West licence, part of the Douta Gold Project in Senegal. The discovery of high-grade gold mineralization in the Baraka 3 Prospect and positive results from deeper diamond drilling at the Makosa deposits suggest significant exploration potential. These findings could enhance the project’s resource base and expedite the transition to a Definitive Feasibility Study, potentially impacting the company’s future operations and market position.

More about Thor Explorations

Thor Explorations Ltd. is a mining company primarily engaged in the exploration and development of gold resources. The company is focused on its projects in West Africa, particularly the Douta Gold Project in Senegal, which includes the Makosa gold deposit.

YTD Price Performance: 48.39%

Average Trading Volume: 258,264

Technical Sentiment Signal: Sell

Current Market Cap: C$305.6M

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