Thor Exploration CEO Segun Lawson joined Steve Darling from Proactive to announce that the company has expanded into Côte d'Ivoire by signing a binding sale and purchase agreement with Endeavour Mining to acquire a 100% interest in the Guitry Gold Exploration Project. The advanced exploration project shows promise with numerous gold-in-soil geochemical anomalies. Notable drill results include 12m grading at 10.4g/tAu, 16m grading at 7.90g/tAu, 24m grading at 2.02g/tAu, and 16m grading at 2.25g/tAu. The acquisition, priced at $100,000 with a 2% Net Smelter Royalty, is subject to approval from the Minister of Mines.
Additionally, Thor has entered into an option agreement with Goldridge Resources SARL to earn up to 80% interest in the Boundiali Exploration Permit—an early-stage gold exploration site with several continuous soil geochemical anomalies identified for drilling. The CEO explains Thor's strategy for expanding its gold production and diversifying its portfolio, emphasizing the potential of the Ivory Coast projects to enhance shareholder value. Additionally, he touches on the company’s strong cash flow and upcoming plans in Nigeria and Senegal.
#proactiveinvestors #thorexplorationsltd #tsxv #thx #aim #thx #sefunlawson #gold
#GoldMining #WestAfricaGold #IvoryCoastMining #SegunLawson #GuitryGoldProject #MiningNews #ProactiveInvestors #GoldExploration #NigeriaGold#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
view more