Thor Explorations (“THX”) has released an update on the ongoing exploration programme at the company’s Douta project in Senegal. The programme, which forms part of the ongoing pre-feasibility study, was focused on upgrading inferred material to indicated, which the results of this drilling appear to confirm, as well as potentially enhancing the average grade. In addition, early stage drilling at the Sambara prospect to the north suggests a likely strike extension to the orebody. We maintain our ....
31 Aug 2023
Thor Explorations: Douta exploration update
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Thor Explorations: Douta exploration update
Thor Explorations Ltd. (THX:LON) | 71.5 1.8 3.6% | Mkt Cap: 475.7m
- Published:
31 Aug 2023 -
Author:
Jonathan Guy -
Pages:
3 -
Thor Explorations (“THX”) has released an update on the ongoing exploration programme at the company’s Douta project in Senegal. The programme, which forms part of the ongoing pre-feasibility study, was focused on upgrading inferred material to indicated, which the results of this drilling appear to confirm, as well as potentially enhancing the average grade. In addition, early stage drilling at the Sambara prospect to the north suggests a likely strike extension to the orebody. We maintain our ....