Canadian mining firm, Thor Explorations, has discovered gold at the Makosa project in Senegal. The firm announced the discovery of 23.35 grams of gold per ton from drillhole DTRC807, marking a significant milestone in the company’s ongoing exploration operations.
Thor Explorations CEO Segun Lawson said “The main purpose of the drilling has been to advance the project towards development by upgrading more of the resource to indicated classification and also to commence detailed metallurgical test work that is focused on achieving the most suitable and efficient ore treatment and extraction process.”
Lawson added that the deposit has “grown from a grassroots discovery to a maiden resource of 730,000 oz to an increased resource of 1.78 million oz this year.”
The Makosa deposit represents part of the larger Douta Gold Project, which spans 58 km2 within the Kéniéba inlier in eastern Senegal.
Thor Explorations owns a 70% economic stake in the project through its subsidiary African Star Resources, with permit holder International Mining Company SARL retaining 30%.
The most recent results affirm the deposit’s richness, paving the way for additional exploration and development.
