The Central Houndé Project, consists of three early stage exploration permits located in the highly prospective Houndé Greenstone belt approximately 260km south west of Ouagadougou (Figure 1). The three permits cover a total area of 474km² over the Houndé Belt. A total of 20,208m RC and 3,156m of Diamond drilling has been completed over the licences to date.

Through the Company's wholly owned subsidiaries in Burkina Faso, Thor has a 100% interest in three contiguous permits, which form the Central Houndé Project.

The Project has a number of prospects which have been previously delineated through mapping, soil geochemistry and drilling campaigns.