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The Douta Gold Project is a gold exploration permit that covers an area of 103 km2 and is located within the Kéniéba inlier, eastern Senegal. The northeast trending permit (Figure 1) has an area of 103 km2. Thor, through its wholly owned subsidiary African Star Resources Incorporated (“African Star”), has acquired, 70% of the licence from the permit holder International Mining Company SARL (“IMC”). IMC has a 30% free carry until the announcement by Thor of a Probable Reserve, after which it will have to contribute or sell its stake to African Star.

The Douta licence is strategically positioned between the world class deposits of Massawa and Sabadola to the west and the Makabingui deposit to the east. Within the licence five separate gold prospects have been identified using surface geochemical sampling. These comprise the more advanced Makosa prospect, where first-pass RC and diamond drilling has defined mineralisation over a near 3km strike length, and the earlier exploration stage Maka, Mansa, Samba and Makosa Tail prospects.

In late 2020, a 10,000m Reverse Circulation ("RC") drilling program was completed across three prospects; Makosa North, Makosa Tail and Maka.

logo mark Highlights Of The Douta Project

The most advanced prospect in the Douta Project is the Makosa Discovery.

Makosa mineralisation was delineated along a 2.7km strike length through a series of drilling programs. In 2020, Thor completed a 10,000 metre RC drilling program with the initial focus being on the zone from surface to a vertical depth of about 60m. The program also had the objective of extending the strike length of Makosa by drilling in the north and also at a target in to the south of Makosa.

The drilling in “Makosa North” confirmed the consistent continuity of mineralisation of the ore body along strike for an additional 1km. Several of the holes have returned multiple mineralised intersections.

At Makosa Tail, The RC program was completed using a line spacing of 100m over the northern parts of Makosa Tail and 200m-spaced reconnaissance sections towards the south. The holes averaged 74m in length with the deepest hole completed to 100m.

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

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