Thor Explorations (TSE:THX) has released an update.
Thor Explorations Ltd has reported promising initial results from its ongoing drilling program at the Segilola Gold Mine in Nigeria, with significant gold intersections indicating potential for underground resource expansion and an extended mine life. The company’s initial drilling beneath the current open pit has intersected high-grade gold mineralisation, including a notable 3.0-meter interval grading 11.24g/tAu, which supports the continuation of an expanded drilling program. These findings bolster the company’s strategy to increase the underground resource and extend the Segilola mine’s operational duration.
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