Page 24 - Thor Explorations News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 is located in central Nigeria, approximately 115km north-northwest of the capital city Abuja. A progr...

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 footwall zone which returned 1.1m true grading 7.5g/tAu. This footwall zone was also intersected in a...