Help Desk -
9717405332, 9599714297, 9810335381

Thor Explorations gets 4 new licences in Nigeria

Mining News - Published on Wed, 03 Jan 2018

Image Source:
Thor Explorations Ltd announced that Office of the Nigeria Mining Cadastre has granted, through Thor's wholly owned subsidiary Segilola Gold Ltd, four new gold exploration licences, located in southwest Nigeria. The new licences, which total 334 square kilometres, are located between 30km and 80km from the Segilola Gold Project and cover significant sections of the structural trends that extend northwards from the Segilola high grade gold deposit.

Mr Segun Lawson, President & CEO, stated that "The acquisition of these licences is in line with Thor's strategy to capitalise on its first mover advantage in Nigeria where we have established a strong, experienced exploration team and are developing the Segilola Gold Project through to production. The new licences will add to Thor's existing pipeline of West African gold exploration projects which we will continue to create shareholder value through advanced pynlnratinn anii Hewplnnment "

Source :

Posted By : Rabi Wangkhem on Wed, 03 Jan 2018
Related News from Mining segment