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Thor Appoints Osam Iyahen to Its Board of Directors

VANCOUVER, British Columbia, May 28, 2021 (GLOBE NEWSWIRE) — Thor Explorations Ltd. (TSX VENTURE: THX) (“ Thor” or the “ Company”) is pleased to announce the appointment of Mr. Osam Iyahen to the Company’s Board of Directors, effective immediately. Mr. Iyahen is a Senior Director and the Head of Natural Resources at the Africa Finance Corporation (“AFC”) and has over 20 years’ experience driving natural resource and multibillion-dollar infrastructure finance transactions. Mr I...
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Thor Acquires 100% Interest in Central Houndé Project Burkina Faso

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES VANCOUVER, British Columbia, April 05, 2021 (GLOBE NEWSWIRE) — Thor Explorations Ltd. (TSX VENTURE: THX) (“ Thor” or the “ Company”) is pleased to announce that it has signed an agreement with Barrick Gold Corporation (“Barrick”), which terminates the 2015 Earn-In Agreement between Thor and Acacia Mining PLC (Acacia Mining PLC has subsequently been acquired by Barrick), on the...
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Thor to acquire remaining 51% stake in Central Houndé Project

5 April 2021 (Last Updated April 5th, 2021 14:15) Thor Explorations has agreed to acquire remaining stake in Central Houndé Project located in south-western Burkina Faso from Barrick Gold. Thor to acquire 100% stake in Central Houndé Project. Credit: Albert Hyseni on Unsplash. Share Article Thor Explorations has agreed to acquire remaining stake in Central Houndé Project located in south-western Burkina Faso from Barrick Gold. With the deal, Tho...
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Nigeria targets 50 mines in operation by 2023 as Mines, Steel Dev. Ministry get N6bn COVID-19 lifeline

Nigeria aims to have 50 mines in operation by 2023 and can make up for time lost because of the impact of COVID-19 on development of the nascent sector, the country’s mining minister said in an interview. Even as The Government has given six billion naira lifeline to the Ministry of Mines and Steel Development to tackle the economic impact of the coronavirus pandemic. The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, made the disclosure to newsmen on Sunday in Abuja. He sai...
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Breaking News | Business British firm begins gold mining in Nigeria

Views: Visits 166 A British firm, Panthera Resources Plc, has announced that its associated company, Moydow Holdings Limited (Moydow), has commenced gold mining  at its Paimasa Project in Nigeria. The diversified gold exploration and development company with assets in West Africa and India, said the drilling commenced through Moydow’s joint venture company, Gurara Holdings Limited (Gurara). The company made the announcement in a disclosure sent to the London Stock Exchange. It expla...
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British firm begins gold mining in Nigeria | Premium Times Nigeria

A British firm, Panthera Resources Plc, has announced that its associated company, Moydow Holdings Limited (Moydow), has commenced drilling at its Paimasa Project in Nigeria. The diversified gold exploration and development company with assets in West Africa and India, said the drilling commenced through Moydow’s joint venture company, Gurara Holdings Limited (Gurara). The company made the announcement in a disclosure sent to the London Stock Exchange. It explained that the Paimasa Project i...
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Thor Announces Remaining In Pit Drill Results at Segilola, Nigeria and Exercise of Options

Hole SGD212 is located 170m south from SGD211 and was also targeted to intersect the mineralisation both near and below the base of the DFS design pit. The main lode package (mineralised lode and internal dilution) was intersected over a true width of 20m at a grade of 2.0g/tAu. Mineralisation has also been confirmed to a depth of at least 22m below the design pit. The package included two higher grade zones of 6.8m true width grading 4.0g/tAu and the southern continuation of the higher-grade f...
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