Thor Explorations drills 19.4 m at 3.01 g/t gold below Segilola open pit

Reuters2026/08/06 06:05

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Thor Explorations reported new high-grade gold intercepts below the Segilola open pit, supporting a potential underground development decision.
Highlights included 19.4 m at 3.01 g/t Au from 346 m, 5.3 m at 5.66 g/t Au from 300 m, 2.0 m at 9.27 g/t Au from 420 m.
Drilling outlined a steep, high-grade shoot extending to about 400 m below the pit, remaining open at depth.
Work continues with four company-owned rigs to expand and upgrade the underground resource, targeting an updated resource by end-2026.
Management is reviewing a further open-pit extension before a near-term shift to underground mining, citing stronger economics at current gold prices.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Thor Explorations Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608060200NEWSFILECNPR____20260806_308259_1) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Thor Explorations drills 19.4 m at 3.01 g/t gold below Segilola open pit

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