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ABIDJAN - Thor Explorations Ltd (TSXV/AIM:THX) has announced the completion of its maiden drilling campaign at the wholly-owned Guitry Gold Project in Côte d'Ivoire, with several significant gold intersections identified in the final batch of results.
The company completed 4,604 meters of reverse circulation drilling aimed at better understanding the geometry and geological controls of gold mineralization at the site. Notable findings from the latest assays include 6 meters at 9.63 grams per tonne of gold from 89 meters depth in drillhole GURC25-246, and 14 meters at 1.30 grams per tonne from 57 meters in drillhole GURC25-247.
The drilling program has confirmed previously untested deeper bedrock mineralization, which remains open along strike and at depth. The results suggest a steep, dipping, parallel lode array structure within the deposit.
Located 220 kilometers west of Abidjan, the Guitry Project was acquired from Endeavour Mining Corporation earlier this year for $100,000 in cash and a 2% Net Smelter Royalty. The 295-square-kilometer property is situated on the Tehini Greenstone Belt, which extends northward into Burkina Faso where it hosts large gold deposits.
Two main prospects were previously defined by soil geochemistry: Krakouadiokro and Gbaloukro, with a broad gold anomaly extending over an 8.5-kilometer northeasterly trending zone.
Thor plans to conduct further exploration activities once the rainy season concludes, including systematic infill and step-out drilling, testing of untested geochemical anomalies, and additional geochemical surveys.
"We are pleased to report continued positive drilling results from Cote d'Ivoire, completing a successful maiden drilling campaign in country," said Segun Lawson, President and CEO of Thor Explorations, according to the company's press release statement.
The company also plans to carry out its maiden drilling campaign on its Marahui Permit in the final quarter of the year.
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