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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 Iyahen has successfully executed natural resource transactions across Africa, with over $1billion cap...

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 Central Houndé Project (the “Project”) in south-western Burkina Faso (the “Agreem...

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, Thor acquires Barrick’s 51% ownership stake in Central Houndé Project in exchange for a 1% Net Smelt...

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 said that the lifeline, to serve as a palliative for the sector, would be expended on setting up six mi...

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 explained that the Paimasa Project is located in central Nigeria, approximately 115km north-northwest of ...