THX Thor Explorations Ltd

Thor Explorations Ltd. (THX) 
New Makosa "Bridge" Mineralisation at the Douta Gold Project, Senegal 
09-Aug-2021 / 08:03 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
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Vancouver, British Columbia--(Newsfile Corp. - August 9, 2021) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor" 
or the "Company") is pleased to announce further drilling results from the southern Makosa Tail and Makosa Bridge 
prospects at its Douta Project, Senegal. Wide-spaced exploratory drill sections were completed over a 1,600m previously 
untested gap between Makosa to the north and Makosa Tail to the south. This zone is referred to as Makosa Bridge. 
Results received to date indicate that gold mineralisation is developed within sheared sedimentary and gabbroic host 
rocks over the strike length of Makosa Bridge thus connecting Makosa Tail and Makosa. 
Highlights include: 
Makosa Bridge 
  . Drillhole DTRC206 
      ? 9m at 2.39/tAu from 54m 
  . Drillhole DTRC235 
      ? 8m at 2.48g/tAu from 31m 
  . Drillhole DTRC238 
      ? 7m at 1.22g/tAu from 33m, and 
      ? 3m at 2.88g/tAu from 77m 
  . Drillhole DTRC245 
      ? 10m at 1.27g/tAu from 56m 
Makosa Tail 
  . Drillhole DTRC208 
      ? 4m at 4.67g/tAu from 41m 
  . Drillhole DTRC210 
      ? 11m at 2.26g/tAu from 37m 
  . Drillhole DTRC223 
      ? 3m at 7.47g/tAu from 69m 
Segun Lawson, President & CEO, stated 
"The initial drilling results from the newly discovered Makosa Bridge prospect are very encouraging. Importantly, the 
results have established that continuous gold mineralisation is developed over a strike length of nearly 7.5km 
extending from Makosa Tail in the south to Makosa North. From these reconnaissance drill results it appears that the 
Makosa system is developing in scale and Makosa North is not yet closed off to the north. We are looking forward to 
receiving the last set of results aimed at extending Makosa North, after which we will be working towards a maiden 
resource at Makosa." 
Introduction 
The Douta Gold Project is a gold exploration permit that covers an area of 58 km^2 and is located within the Kéniéba 
inlier, eastern Senegal. The northeast trending permit (Figure 1) has an area of 58 km^2. Thor, through its wholly 
owned subsidiary African Star Resources Incorporated ("African Star"), has an economic interest in 70% in partnership 
with the permit holder, International Mining Company SARL ("IMC"). IMC has a 30% free carried interest in its 
development until the announcement by Thor of a Probable Reserve. 
The Douta licence is strategically positioned 4km east of the deposits Massawa North and Massawa Central deposits which 
form part of the world class Sabadola-Massawa Project that is owned by Teranga Gold Corporation (Figure 1). 
Makosa Tail was discovered in late 2020 in an initial 21 hole Reverse Circulation ("RC") drilling program that targeted 
the interpreted southern extensions of the Makosa mineralised system. The gap between the two established prospects 
comprised 1,500m strike length of un-tested sheared sedimentary and gabbroic intrusive rocks that to the north are 
associated with the Makosa mineralisation. This gap, known as Makosa Bridge, was targeted with an initial seven 
200m-spaced exploratory drill cross-sections. 
(Please click here for Figure 1: Douta Project location map) 
 
Figure 1: Douta Project location map 
To view an enhanced version of Figure 1, please visit: 
https://orders.newsfilecorp.com/files/7003/92384_310355ff74267847_002full.jpg 
Drilling Results 
Drill testing of the Makosa Bridge was accomplished on seven drill sections which were spaced 200m apart. This wide 
spacing was considered to be appropriate for the first phase of drill testing. Based on the positive results received, 
additional, closer-spaced (infill) drilling will be undertaken. 
At the Makosa Tail prospect several infill holes were completed to further test the continuity of mineralisation. These 
holes also returned positive results including 11m grading 2.26g/tAu in drillhole DTRC210. Drillhole DTRC223 returned 
3m grading 7.47g/tAu suggesting the existence of a higher grade component to the mineralisation. Further drilling is 
planned to better understand the controls and geometry of the higher grade structures. 
The results are from the exploratory RC drilling program at Makosa Bridge together with infill drillholes at Makosa 
Tail are shown in Table 1 and Figures 2 and 3. The full table of results is attached in Appendix 1. 
Table 1: Makosa Bridge and Makosa Tail Significant Results 
(0.5g/tAu lower cut off; maximum 2m internal dilution) 
   HOLE-ID    Easting Northing Elevation Length (m) From (m) To (m) Interval (m) Grade (g/tAu) True Width (m) 
DTRC206       174425  1434497     190        29       54.0    63.0      9.0          2.39            7 
DTRC206                                               65.0    67.0      2.0          2.09            2 
DTRC208       174145  1433879     203        30       41.0    45.0      4.0          4.67            3 
DTRC210       174137  1433865     200        60       37.0    48.0      11.0         2.26            8 
DTRC217       173885  1433643     198        90       23.0    31.0      8.0          2.08            6 
DTRC218       174061  1433725     196        84       36.0    37.0      1.0          10.65           1 
DTRC223       174137  1433774     208        96       69.0    72.0      3.0          7.47            2 
DTRC228       174512  1434615     204        60       44.0    47.0      3.0          1.43            2 
DTRC229       174453  1434661     205        66       60.0    62.0      2.0          2.98            2 
DTRC231       174422  1434689     197        66       18.0    22.0      4.0          1.00            3 
DTRC231                                               26.0    33.0      7.0          1.13            5 
DTRC234       174614  1434791     198        60       4.0     16.0      12.0         1.20            9 
DTRC235       174591  1434808     197        60       31.0    39.0      8.0          2.48            6 
DTRC237       174530  1434856     197        60       21.0    26.0      5.0          0.87            4 
DTRC237                                               29.0    33.0      4.0          1.01            3 
DTRC238       174503  1434879     200        80       33.0    40.0      7.0          1.22            5 
DTRC238                                               59.0    65.0      6.0          0.68            5 
DTRC238                                               77.0    80.0      3.0          2.88            2 
DTRC241       174674  1434993     200        60       38.0    40.0      2.0          2.07            2 
DTRC243       174625  1435033     178        62       5.0     9.0       4.0          1.30            3 
DTRC245       174571  1435076     200        66       56.0    66.0      10.0         1.27            8 
DTRC261       174892  1435543     180        66       7.0     13.0      6.0          1.01            5 
DTRC262       175143  1435593     180        60       47.0    48.0      1.0          4.73            1 
DTRC266       175021  1435693     200        72       67.0    70.0      3.0          2.71            2 
DTRC269       175185  1435820     180        74       30.0    43.0      13.0         1.58            10 
DTRC271       175236  1435890     194        63       13.0    19.0      6.0          0.94            5 
DTRC271                                               27.0    35.0      8.0          1.36            6 
DTRC272       175218  1435903     196        92       57.0    68.0      11.0         2.00            9 

Drill samples were analysed by ALS laboratories in Mali using the AA26 fire assay method (50g charge).

The results indicate multiple parallel, steep north-westerly dipping, mineralised horizons that are developed within a shale/greywacke sequence. Most significantly, is the discovery of several higher grade zones towards the southern end of the drilled area where the drill coverage is wide-spaced.

Systematic infill and step-out drilling is planned to fully assess the potential scale of the project.

(Please click here for Figure 2: Makosa Bridge and Makosa Tail Drillhole Location Map) Figure 2: Makosa Bridge and Makosa Tail Drillhole Location Map To view an enhanced version of Figure 2, please visit: https://orders.newsfilecorp.com/files/7003/92384_310355ff74267847_003full.jpg

(Please click here for Figure 3: Makosa Map showing Makosa significant results obtained in 2021 to date) Figure 3: Map showing Makosa significant results obtained in 2021 to date To view an enhanced version of Figure 3, please visit: https://orders.newsfilecorp.com/files/7003/92384_310355ff74267847_004full.jpg

Qualified Person The above information has been prepared under the supervision of Alfred Gillman (Fellow AusIMM, CP), Group Exploration Manager, who is designated as a "qualified person" under National Instrument 43-101 and the AIM Rules and has reviewed and approves the content of this news release. He has also reviewed QA/QC, sampling, analytical and test data underlying the information.

Further details can be found on the Company's website: www.thorexpl.com.

About Thor Explorations

Thor Explorations Ltd. is a mineral exploration company engaged in the acquisition, exploration and development of mineral properties located in Nigeria, Senegal and Burkina Faso. Thor Explorations holds a 100% interest in the Segilola Gold Project located in Osun State of Nigeria and has a 70% economic interest in the Douta Gold Project located in south-eastern Senegal. Thor Explorations trades on AIM and the TSX Venture Exchange under the symbol "THX".

THOR EXPLORATIONS LTD.

Segun Lawson President & CEO

For further information please contact:

Thor Explorations Ltd Email: info@thorexpl.com

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