Thor Explorations PLC on Monday noted positive final results from its Ivory Coast gold prospect.
The Vancouver, Canada-based mining company targeting West Africa said ‘additional significant intersections’ were found in the last set of assays from maiden drilling at the Guitry project.
These included 9.6 grammes of gold per tonne from 89 metres, 1.5g/t at 72 metres and 1.3g/t from 57 metres.
Thor Exploration is planning further exploration work, such as infill and step-out drilling, to define the resource and identify any new mineralisation.
Chief Executive Segun Lawson said this will take place ‘in the final quarter of the year, once the rainy season is over.’
Lawson added: ‘We are excited to be returning to the field shortly, when we will also be carrying out our maiden drilling campaign on our Marahui permit.’
Thor Explorations stock was up 4.1% at 73.92 pence per share on Monday morning in London.
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