AMN - SENEGAL: 8000 metre drilling program at Douta

Thor Explorations has started an 8000-metre reverse circulation (RC) drilling program on its Douta Gold Project in southeast Senegal. This program follows a 2017 RC program which identified a number of wide, near-surface significant intersections on the Makosa prospect.

The best of these was 10 metres at 8.1 g/t gold, including 7 metres at 10.9 g/t; and 19 metres at 2.0 g/t, including 10 metres at 2.8 g/t.

A number of these holes ended in mineralisation, indicating potential for extensions to mineralisation below drilled horizon.

Based on current data, the mineralisation appears to be open along strike as well as down dip and at depth.

The 2018 RC program has been designed to target the mineralisation zone delineated by the 2017 program down dip and along strike.

Thor expects to announce the results of the program during April and May this year.

President and CEO Segun Lawson said: "This is an exciting time for Thor with drilling on both its Segilola Gold Project in Nigeria and its Douta project in Senegal.

"Advancing the Douta project remains a priority for Thor. The exploration success to date further strengthens management’s belief that the project will add significant value to the company. We aim to advance this project to a maiden resource this year.”

Douta is a gold exploration permit that covers 103 square kilometres and is within the Kéniéba inlier of eastern Senegal, within the Mako Greenstone Belt.

Makosa is a discovery on one of a number of soil anomalies within a 13km-long zone of mineralisation parallel to the Main Transcurrent Shear Zone.

The prospect was prioritised by Thor as an analogue to Randgold’s Massawa project, about 5km to the west.

Thor Explorations is a Canadian mineral exploration company engaged in the acquisition, exploration and development of mineral properties in Nigeria, Senegal and Burkina Faso.

Thor holds a 100% interest in the Segilola project in Osun State of Nigeria and a 70% interest in the Douta project. It also holds a 49% interest in the Bongui and Legue gold permits in the Houndé greenstone belt of southwest Burkina Faso.

www.thorexpl.com