Thor Explorations has released new drilling results from its 2026 programme at the Douta Project in Senegal, confirming an expanded gold footprint.

The project consists of three licences – Douta, Douta West and Bousankhoba.

Recent assays show significant findings from various deposits, supporting the company's efforts to increase resource estimates.

The Douta Gold Project comprises the Makosa gold deposits and the Baraka 3 resource, totalling approximately 1.97 million ounces (moz) of gold.

This includes an indicated resource of 50.6 million tonnes (mt) at a grade of one gram per tonne (g/t) gold, amounting to 1.7moz, and an inferred resource totalling 270,000oz.

Current reserves stand at 1.2moz of gold from 36.6mt at a grade of 1g/t gold.

Drilling results indicate new oxide resources are present.

These include drill-hole DWDD003 with 5.5m at 2.91g/t gold, DWRC453 at 7m with 4.28g/t gold and DWRC523 at 18m grading 1.31g/t gold.

The Makosa Tail deposit revealed drill-hole DTRC1211 showing an intersection of 4m at 3.26g/t gold starting from 24m.

Similarly, drill-hole DTRC1193 recorded 4m at 3.06g/t gold from a depth of 20m.

At the Bousankhoba prospect, drill-hole BSAC045 demonstrated an intersection of 4m at 17g/t gold from 7m.

Drill-hole BSA019 showed 4m at 4.56g/t gold starting from 6m.

The project's geology, featuring greywackes and shale at Baraka 3, indicates a potential extension of gold mineralisation.

Drilling is focused on resource conversion and expansion along the strike. Samples were analysed by ALS Laboratories in Mali using the AA26 fire assay method.

The exploration at the Bousankhoba permit, underlain by the Dialé-Daléma Supergroup rocks, shows high potential for vein-hosted, shear-related gold systems.

An extensive soil sampling programme has defined multiple anomalies over an 18km shear zone, identifying priority targets along this structural corridor.

Further drilling is planned to explore these extensions.

Thor Explorations president and CEO Segun Lawson said: “The Douta pre-feasibility study has already confirmed a robust, long-life project with strong economics and a fast payback period.

“The current drilling campaign on our extended land package is designed to further improve the project economics by extending the Oxide Phase of the project.”