Thor Explorations (LSE:THX) reported first results from its 2026 drilling programme at the Douta Project in Senegal, with assays the company says confirm expanding, shallow oxide mineralisation around the Baraka 3 and Makosa Tail deposits.
The Douta Gold Project, where Thor holds a 70% interest, currently comprises around 1.97 Moz of resources (1.7 Moz indicated and 0.27 Moz inferred) and 1.2 Moz of reserves, according to the company.
Key intersections include Baraka 3 results such as 7m at 4.28 g/t Au from 122m and 18m at 1.31 g/t Au from 90m, Makosa Tail hits like 4m at 3.26 g/t from 24m, and a Bousankhoba shallow standout of 4m at 17.0 g/t Au from 7m.
Thor has begun a 40,000 metre drilling programme intended to upgrade inferred mineralisation within the PFS pit shells and test oxide targets across Douta, Douta‑West and Bousankhoba, and "these initial results are encouraging as they have successfully intersected wide, shallow, high‑grade oxide mineralisation," said Segun Lawson, President & CEO.
The company said follow‑up RC and air‑core drilling will target strike and depth extensions to add oxide ounces ahead of planned permitting, and it anticipates progressing permitting and starting construction later this year.
