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Thor Explorations expands gold resources at Senegal's Douta project with high-grade drilling results.

Market News
13 May 2026
Proactive Investors
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Bullish
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Thor Explorations announced that early results from its 2026 drilling program at the Douta gold project in Senegal have expanded the gold footprint, with high-grade and shallow intercepts found at Baraka 3, Makosa Tail, and Bousankhoba licenses. Notable results include 7 meters grading 4.28 g/t gold and 4 meters at 17.0 g/t gold, indicating promising extensions beyond current pit designs. The company is continuing a 40,000-meter drilling program aimed at extending the low-cost, high-margin oxide ore phase, with full permitting and construction expected later this year. These developments could enhance the project's resource base and economic potential.

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