Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) CEO Segun Lawson talked with Proactive's Stephen Gunnion about the company’s maiden drill results from its Guitry project in Côte d’Ivoire, highlighting what he described as a “fantastic platform” for future exploration.
Lawson noted that Thor Explorations has had a busy first half of the year across its portfolio, with Côte d’Ivoire being a new jurisdiction following the acquisition of the Guitry project from Endeavour Mining.
The CEO said the program was designed around a new interpretation of mineralisation trends, which successfully intersected mineralised structures at depth. He highlighted key intercepts, including “14m wide grading at 2.6g per ton” and “ten meters wide grading over ten grams a tonne in the deep refresh.”
Lawson explained that the company has established northwest-to-southeast trending structures, with parallel lodes open along strike and depth. These results, he added, could be “very significant economically.” A maiden resource is targeted by year-end, likely in the inferred category, with an internal target of over 500,000oz.
Thor is funding exploration through cash flows from its producing asset in Nigeria. It also continues to advance exploration at its Marahui Project in Côte d’Ivoire, building a diversified pipeline across Nigeria, Senegal, and Côte d’Ivoire.
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