{"success":true,"data":{"pressRelease":{"id":"143275","rtpr_id":"nNFC5PQMHd-20260915","ticker":"THX","exchange":"","all_tickers":["THX"],"title":"Thor Explorations Announces Encouraging Maiden Exploration Drilling Results from the Marahui Project, Côte D'ivoire","author":"Newsfile Corp","published_at":"2026-09-15T06:00:23.874Z","article_body":"Vancouver, British Columbia--(Newsfile Corp. - September 15, 2026) - Thor\nExplorations Ltd. (TSXV: THX) (AIM: THX) (\"Thor\" or the \"Company\") is pleased\nto announce encouraging maiden exploration drilling results from its Marahui\nGold Project (\"Marahui\" or the \"Licence\") in northeastern Côte d'Ivoire. The\nproject forms part of a portfolio of early-stage exploration licences in Côte\nd'Ivoire which also includes the 100% owned Guitry Gold Exploration Project,\nand an option to earn up to an 80% interest in the Boundiali Exploration\nPermit, located in north-west Côte d'Ivoire.\n\nHighlights\n\nThe assay results include:\n* Drillhole MRRC26-008 - 6 metres (\"m\") at 5.60 grams per tonne (\"g/t\") Au\nfrom 129m\n* Drillhole MRRC26-012 - 9m at 5.40 g/t Au from 40m\n* Drillhole MRRC26-115 - 6m at 6.20 g/t Au from 74m\n* Drillhole MRRC26-053 - 8m at 3.60 g/t Au from 35m\n* Drillhole MRRC26-143 - 8m at 3.40 g/t Au from 50m\n* Drillhole MRRC26-052 - 5m at 3.60 g/t Au from 75m\nSegun Lawson, President & CEO, stated:\n\n\"We are extremely encouraged by this maiden set of drilling results which have\nfollowed the initial early exploration success at this Licence.\n\n\"These encouraging results show high-grade mineralisation at a significant\nstrike length demonstrating the potential scale of Marahui and are an\nimportant step forward for Thor's exploration portfolio in Côte d'Ivoire.\nWide, high-grade intersections which are characterised over a 4km strike\nlength, including 6m at 6.20g/t Au, 9m at 5.40g.t Au and 6m at 5.60g/t Au\nreinforce our already high confidence in the Licence.\n\n\"The scale of the opportunity is particularly encouraging. The drilling to\ndate has identified multiple parallel gold-bearing veins within a shear\ncorridor extending over more than 4 km, yet drilling has tested only\napproximately 30% of the overall geological trend. With further additional\ngeochemical anomalies already defined within the Licence, we have a clear\npipeline of targets to test with our ongoing drilling program.\n\n\"Marahui remains at an early stage, and we are delighted to start with these\nencouraging results which open up a material and exciting new exploration\nopportunity for Thor. We look forward to testing the additional targets over\nthe coming months and reporting the remaining pending results as we build a\nclear understanding of the project's scale and potential.\"\n\nIntroduction\n\nThe Marahui Project comprises exploration permit PR902, covers 250 square\nkilometres (km(2)) and is located in the Bondoukou Region of northeastern\nCôte d'Ivoire (Figure 1).\n\nThe Marahui permit is underlain by an arcuate, north-westerly trending\nsequence, Birimian schistose volcano sedimentary rocks, which are surrounded\nby intrusive granites. In the contact zone, volcano-sediments show strong\nfoliation and silicification. Observed gold mineralisation is controlled by a\nNW-SE shear zone in volcano-sediment schists and by extensional WNW-ESE quartz\nveins in granite.\n\nPrevious soil geochemical sampling and geological mapping around artisanal\nworkings identified two parallel anomalous structures. The larger anomaly\nextends for approximately 4 kilometres (\"km\") and is approximately 200m wide.\nFollow-up rock-chip sampling of material from artisanal workings along this\nstructure confirmed bedrock gold mineralisation, returning values of up to\n23.1g/t Au (Figure 2).\n\n(https://images.newsfilecorp.com/files/7003/314280_6cd08be4e4257ac9_002full.jpg)\n\nFigure 1: Marahui Project Location Map\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7003/314280_6cd08be4e4257ac9_002full.jpg\n\nMarahui Exploration Drilling Results\nThor has carried out 18,439m of its budgeted 25,000m reverse circulation\n(\"RC\") drilling program as part of its ongoing exploration programme, which is\nfocused on a north-westerly-trending line of shallow artisanal workings.\n\nDrill samples are analysed by SGS Laboratories in Yamoussoukro using the\nFAA505 fire assay method with a 50g charge. Significant intersections are\npresented in Table 1, and the complete drillhole summary is provided in\nAppendix 1.\n\nGold mineralisation occurs in a subvertical, en-echelon vein array within a\nnorth-westerly-trending shear zone approximately 200m wide and extending for\nmore than 4km along strike (Figure 2). Drill-line spacing ranges from 100m to\n400m. Results to date suggest that individual veins have apparent strike\ncontinuity of up to 700m and estimated true widths of up to approximately 7m.\n\nDrilling to date has tested approximately 30% of the overall geological trend.\nAdditional discrete geochemical anomalies have been identified along the trend\nand are scheduled for drill testing in the coming months. The Company\nconsiders the initial results highly encouraging, highlighting a new\nexploration opportunity with the potential to support a future standalone\noperation, subject to further exploration and technical and economic\nevaluation.\n\n Hole ID East North RL Depth Dip Azi- From To Interval (m) Grade True Width (m) \n (m) muth (m) (m) (g/tAu) \n MRRC26-002 522850 960514 377 114 -53.1 234 7 14 7 0.80 5.6 \n MRRC26-004 522884 960540 386 150 -53.9 231 104 107 3 1.30 2.4 \n MRRC26-008 522667 960881 379 152 -54.4 229 129 135 6 5.60 4.8 \n and 93 99 6 0.60 4.8 \n MRRC26-012 522428 961140 348 156 -54.0 231 40 49 9 5.40 7.2 \n MRRC26-021 521611 962175 312 84 -55.0 50 40 45 5 2.00 4.0 \n MRRC26-022 521639 962199 312 84 -54.9 231 22 25 3 2.30 2.4 \n MRRC26-052 523165 960227 378 100 -55.0 230 75 80 5 3.60 4.0 \n MRRC26-053 523127 960196 374 100 -55.0 230 35 43 8 3.60 6.4 \n MRRC26-062 521561 962304 317 100 -55.0 230 25 30 5 1.70 4.0 \n MRRC26-083 523552 959309 399 102 -55.0 230 93 96 3 5.00 2.4 \n MRRC26-098 522294 961400 326 102 -55.1 230 85 90 5 2.50 4.0 \n MRRC26-114 523190 960234 380 183 -55.0 230 106 111 5 0.90 4.0 \n MRRC26-115 521941 961985 298 132 -55.0 230 74 80 6 6.20 4.8 \n and 65 72 7 0.80 5.6 \n MRRC26-137 521927 961972 299 60 -54.8 230 33 42 9 1.20 7.2 \n MRRC26-138 523092 960302 375 135 -55.3 230 114 117 3 2.70 2.4 \n MRRC26-143 522569 960932 380 120 -55.1 230 50 58 8 3.40 6.4 \n MRRC26-160 522732 960810 363 112 -55.0 230 18 21 3 1.79 2.6 \n\n \n\nTable 1: Marahui Project Significant Results\n(0.3 g/t Au lower cut off; minimum width 3m with 3m max internal waste)\n\n(https://images.newsfilecorp.com/files/7003/314280_thor2.jpg)\n\nFigure 2: Marahui Project Drillhole Location Plan\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7003/314280_thor2.jpg\n\nConclusions\nInitial RC drilling at Marahui has confirmed gold-bearing vein mineralisation\nwithin a northwesterly-trending shear corridor approximately 200 m wide and\nextending for more than 4km. Mineralisation occurs in a subvertical,\nen-echelon vein array, with results to date suggesting apparent strike\ncontinuity of up to 700 m for individual veins and estimated true widths of up\nto approximately 7m.\n\nThor has completed 171 RC drillholes testing the interpreted shear zone. The\nprogram is ongoing and assays remain pending, to be released as received.\nSignificant intersections include 6m at 6.20g/tAu from 74m in MRRC26-115, 6m\nat 5.60g/tAu from 129 m in MRRC26-008 and 8m at 3.40g/t Au from 50m in\nMRRC26-143. These intervals are downhole lengths.\n\nWith approximately 30% of the overall geological trend tested by drilling,\nconsiderable scope remains for further exploration. Additional discrete\ngeochemical anomalies have already been identified and are scheduled for drill\ntesting in the coming months, providing a clear pipeline of follow-up targets.\nThese encouraging results reinforce Marahui's potential within Thor's\nexploration portfolio in Côte d'Ivoire and provide a strong foundation for\nthe next phase of work. The potential for a future standalone operation\nremains subject to further exploration and technical and economic evaluation.\n\nQualified Person\nThe above information has been prepared under the supervision of Alfred\nGillman (Fellow AusIMM, CP), who is designated as a \"qualified person\" under\nNational Instrument 43-101 and the AIM Rules and has reviewed and approves the\ncontent of this news release. He has also reviewed QA/QC, sampling, analytical\nand test data underlying the information.\n\nAbout Thor Explorations\n\nThor Explorations Ltd. is a mineral exploration company engaged in the\nacquisition, exploration, development and production of mineral properties\nlocated in Nigeria, Senegal and Côte d'Ivoire. Thor Explorations holds:\n* a 100% interest in the Segilola Gold Project located in Osun State, Nigeria\n* a 100% economic interest in the Douta Gold Project located in south-eastern\nSenegal\n* a 100% interest in the Guitry Gold Project Côte d'Ivoire\n* additional exploration tenure in Nigeria, Senegal and Côte d'Ivoire,\ncomprising wholly and majority-owned interests\nThor Explorations trades on AIM and the TSX Venture Exchange under the symbol\n\"THX\".\n\nTHOR EXPLORATIONS LTD.\nSegun Lawson\nPresident & CEO\n\nFor further information please contact:\n\nThor Explorations Ltd\nEmail: info@thorexpl.com\n\nCanaccord Genuity (Nominated Adviser & Broker)\nJames Asensio / Henry Fitzgerald-O'Connor / Harry Rees / Rory Blundell\nTel: +44 (0) 20 7523 8000\n\nHannam & Partners (Broker)\nAndrew Chubb / Matt Hasson / Jay Ashfield\nTel: +44 (0) 20 7907 8500\n\nBlytheRay (Financial PR)\nTim Blythe / Megan Ray / Said Izagaren\nTel: +44 207 138 3204\n\nYellow Jersey PR (Financial PR)\nCharles Goodwin / Shivantha Thambirajah\nTel: +44 (0) 20 3004 9512\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nThis press release does not constitute an offer to purchase securities. The\nsecurities to be offered in the offering have not been and will not be\nregistered under the United States Securities Act of 1933, as amended, or any\nstate securities laws and may not be offered or sold in the United States or\nto, or for the benefit or account of, a U.S. person, except pursuant to an\navailable exemption from such registration requirements.\n\nCautionary Note Regarding Forward-Looking Statements\n\nExcept for the statements of historical fact contained herein, the information\npresented constitutes \"forward looking statements\" within the meaning of\ncertain securities laws, and is subject to important risks, uncertainties and\nassumptions that could cause the actual results of the Company to differ\nmaterially form the forward-looking statements. Such forward-looking\nstatements, including but not limited to, the Company's ability to fully\nfinance the Project, to bring the Project into operation or to produce gold\nfrom the Project, and the use of the proceeds. The words \"may\", \"could\",\n\"should\", \"would\", \"suspect\", \"outlook\", \"believe\", \"anticipate\", \"estimate\",\n\"expect\", \"intend\", \"plan\", \"target\" and similar words and expressions are\nused to identify forward-looking information. The forward-looking information\nin this news release describes the Company's expectations as of the date of\nthis news release and accordingly, is subject to change after such date.\nReaders should not place undue importance on forward-looking information and\nshould not rely upon this information as of any other date. While the Company\nmay elect to, it does not undertake to update this information at any\nparticular time.\n(https://images.newsfilecorp.com/files/7003/314280_6cd08be4e4257ac9_004full.jpg)\n\nAppendix 1\n\nMarahui Drillhole Summary\n\n Hole ID East North RL Depth (m) Dip Azi-muth From (m) To (m) Interval (m) Grade (g/tAu) True Width (m) \n MRRC26-001 522820 960490 371 102 -55.0 50 87 90 3 0.40 2.4 \n MRRC26-002 522850 960514 377 114 -53.1 234 7 14 7 0.80 5.6 \n And 24 30 6 0.30 4.8 \n And 44 48 4 0.90 3.2 \n MRRC26-003 522783 960461 366 168 -54.4 51 111 114 3 0.70 2.4 \n MRRC26-004 522884 960540 386 150 -53.9 231 65 68 3 0.90 2.4 \n And 104 107 3 1.30 2.4 \n MRRC26-005 522554 960795 366 156 -54.6 51 81 85 4 0.70 3.2 \n MRRC26-006 522594 960826 371 90 -52.2 50 57 61 4 0.40 3.2 \n MRRC26-007 522629 960853 374 90 -52.7 231 nsr \n MRRC26-008 522667 960881 379 152 -54.4 229 93 99 6 0.60 4.8 \n And 129 135 6 5.60 4.8 \n MRRC26-009 522356 961085 344 82 -53.8 50 23 28 5 0.30 4.0 \n And 31 34 3 0.40 2.4 \n MRRC26-010 522388 961110 344 90 -52.8 231 35 41 6 0.40 4.8 \n MRRC26-011 522315 961055 343 150 -52.8 50 nsr \n MRRC26-012 522428 961140 348 156 -54.0 231 0 3 3 0.90 2.4 \n And 40 49 9 5.40 7.2 \n MRRC26-013 522462 961176 350 157 -54.9 231 nsr \n MRRC26-014 522504 961210 352 146 -52.5 230 nsr \n MRRC26-015 522537 961238 352 102 -54.5 230 nsr \n MRRC26-016 522583 961267 349 100 -52.8 230 nsr \n MRRC26-017 522031 961596 313 86 -53.4 232 nsr \n MRRC26-018 522002 961575 314 80 -54.4 49 nsr \n MRRC26-019 521963 961547 317 105 -55.5 49 24 28 4 0.50 3.2 \n MRRC26-020 522075 961629 310 102 -53.3 231 nsr \n MRRC26-021 521611 962175 312 84 -55.0 50 40 45 5 2.00 4.0 \n MRRC26-022 521639 962199 312 84 -54.9 231 22 25 3 2.30 2.4 \n MRRC26-023 521682 962230 311 90 -54.0 230 nsr \n MRRC26-024 522781 960462 366 50 -52.5 230 nsr \n MRRC26-025 522764 960447 365 60 -61.0 232 nsr \n MRRC26-026 522746 960435 364 60 -54.8 232 nsr \n MRRC26-027 522727 960422 361 106 -53.7 231 nsr \n MRRC26-028 522687 960390 356 105 -53.8 230 nsr \n MRRC26-029 522643 960355 353 102 -53.5 231 nsr \n MRRC26-030 522595 960319 349 106 -54.5 229 nsr \n MRRC26-031 522870 960429 368 100 -52.7 11 nsr \n MRRC26-032 522878 960480 375 100 -55.0 10 nsr \n MRRC26-033 522888 960535 386 100 -53.8 11 nsr \n MRRC26-034 522551 960283 345 100 -54.1 232 nsr \n MRRC26-035 522549 960282 345 114 -50.7 51 nsr \n MRRC26-036 522509 960758 359 78 -53.6 230 nsr \n MRRC26-037 522561 960292 346 108 -54.5 51 nsr \n MRRC26-038 522467 960726 355 100 -54.4 230 nsr \n MRRC26-039 522162 960492 335 120 -54.7 50 nsr \n MRRC26-040 522210 960528 339 32 -53.6 230 nsr \n MRRC26-041 522247 960558 342 74 -53.7 230 nsr \n MRRC26-042 522281 960584 343 105 -53.8 230 nsr \n MRRC26-043 522324 960615 346 72 -54.7 230 nsr \n MRRC26-044 522365 960650 348 108 -56.3 230 nsr \n MRRC26-045 522410 960686 350 100 -52.0 230 nsr \n MRRC26-046 522555 960795 366 100 -57.0 230 nsr \n MRRC26-047 522707 960916 378 97 -55.0 230 28 32 4 0.50 3.2 \n MRRC26-048 522755 960953 367 100 -52.6 230 nsr \n MRRC26-049 522059 960802 338 102 -55.0 230 nsr \n MRRC26-050 522023 960767 335 90 -55.0 230 nsr \n MRRC26-051 521982 960737 332 102 -55.0 230 77 82 5 0.40 4.0 \n And 95 98 3 0.80 2.4 \n MRRC26-052 523165 960227 378 100 -55.0 230 75 80 5 3.60 4.0 \n MRRC26-053 523127 960196 374 100 -55.0 230 35 43 8 3.60 6.4 \n MRRC26-054 523094 960169 371 102 -55.0 230 nsr \n MRRC26-055 523056 960139 368 120 -55.0 230 nsr \n MRRC26-056 523256 959862 387 100 -55.0 230 nsr \n MRRC26-057 523220 959830 382 108 -55.0 230 44 47 3 0.40 2.4 \n MRRC26-058 523182 959801 378 100 -55.0 230 nsr \n MRRC26-059 523142 959771 374 105 -55.0 230 nsr \n MRRC26-060 521524 962106 314 108 -55.0 230 nsr \n MRRC26-061 521602 962335 316 118 -55.0 230 109 114 5 0.50 4.0 \n MRRC26-062 521561 962304 317 100 -55.0 230 25 30 5 1.70 4.0 \n MRRC26-063 521529 962280 317 100 -55.0 230 nsr \n MRRC26-064 521485 962246 318 105 -55.0 230 nsr \n MRRC26-065 521568 962142 313 102 -55.0 230 nsr \n MRRC26-066 521482 962075 313 100 -55.0 230 nsr \n MRRC26-067 521434 962039 314 100 -55.0 230 nsr \n MRRC26-068 520174 963503 338 110 -55.0 230 nsr \n MRRC26-069 520215 963537 336 102 -55.0 230 nsr \n MRRC26-070 520367 963654 332 100 -55.0 230 nsr \n MRRC26-071 521610 962175 312 100 -55.0 230 nsr \n MRRC26-072 520409 963689 331 100 -55.0 230 49 52 3 0.80 2.4 \n MRRC26-073 520459 963723 331 100 -55.0 230 nsr \n MRRC26-074 520320 963615 333 100 -55.0 230 nsr \n MRRC26-075 523210 960262 381 100 -55.0 230 96 100 4 0.50 3.2 \n MRRC26-076 523259 960290 387 102 -55.0 230 13 16 3 0.90 2.4 \n MRRC26-077 523447 960001 404 100 -55.0 230 nsr \n MRRC26-078 523404 959977 397 99 -55.0 230 nsr \n MRRC26-079 523506 960031 416 110 -55.0 230 nsr \n MRRC26-080 523363 959939 392 104 -55.0 230 nsr \n MRRC26-081 523520 959274 392 108 -55.0 230 nsr \n MRRC26-082 523482 959249 383 100 -55.0 230 nsr \n MRRC26-083 523552 959309 399 102 -55.0 230 93 96 3 5.00 2.4 \n MRRC26-084 523476 959612 396 102 -55.0 230 nsr \n MRRC26-085 521947 960713 330 100 -55.0 230 nsr \n MRRC26-086 521912 960862 331 100 -55.0 230 59 63 4 0.60 3.2 \n MRRC26-087 523517 959642 393 102 -55.0 230 nsr \n MRRC26-088 523565 959681 378 102 -55.0 230 nsr \n MRRC26-089 523613 959722 374 130 -55.0 230 nsr \n MRRC26-090 523316 959896 388 102 -55.0 230 nsr \n MRRC26-091 523299 960330 401 105 -55.0 230 nsr \n MRRC26-092 523345 960365 417 114 -55.0 230 nsr \n MRRC26-093 523387 960400 429 104 -55.0 230 86 89 3 1.00 2.4 \n MRRC26-094 523665 959755 364 102 -55.0 230 nsr \n MRRC26-095 523610 959339 418 100 -55.0 230 nsr \n MRRC26-096 523654 959373 423 102 -55.0 230 nsr \n MRRC26-097 522247 961366 325 104 -55.0 230 nsr \n MRRC26-098 522294 961400 326 102 -55.1 230 85 90 5 2.50 4.0 \n MRRC26-099 521902 961957 299 102 -55.0 230 nsr \n MRRC26-100 521855 961918 300 108 -55.1 230 nsr \n MRRC26-101 521812 961880 301 100 -55.0 230 nsr \n MRRC26-102 521768 961844 302 100 -55.0 230 nsr \n MRRC26-103 522479 961537 327 100 -55.0 230 91 97 6 0.40 4.8 \n MRRC26-104 522433 961503 329 117 -55.0 230 nsr \n MRRC26-105 522386 961468 328 102 -55.0 230 nsr \n MRRC26-106 522350 961441 329 100 -55.0 230 nsr \n MRRC26-107 522203 961327 328 122 -55.0 230 7 10 3 0.60 2.4 \n MRRC26-108 522157 961294 328 100 -55.0 230 nsr \n MRRC26-109 522890 961059 351 100 -55.0 230 nsr \n MRRC26-110 522847 961022 353 104 -55.0 230 nsr \n MRRC26-111 522798 960987 359 102 -55.0 230 49 54 5 0.50 4.0 \n MRRC26-112 522934 960545 393 100 -55.0 230 nsr \n MRRC26-113 522980 960587 406 162 -55.0 230 nsr \n MRRC26-114 523190 960234 380 183 -55.0 230 106 111 5 0.90 4.0 \n And 146 149 3 1.00 2.4 \n MRRC26-115 521941 961985 298 132 -55.0 230 65 72 7 0.80 5.6 \n And 74 80 6 6.20 4.8 \n MRRC26-116 522033 962053 297 110 -55.0 230 nsr \n MRRC26-117 522634 961301 343 108 -55.0 230 nsr \n MRRC26-118 521997 962019 297 100 -55.0 230 nsr \n MRRC26-119 522125 961667 314 100 -55.0 230 nsr \n MRRC26-120 523031 960618 419 106 -55.0 230 nsr \n MRRC26-121 523036 961621 323 100 -55.0 230 nsr \n MRRC26-122 522949 961550 322 102 -55.0 230 nsr \n MRRC26-123 522997 961585 322 93 -55.0 230 nsr \n MRRC26-124 520371 962979 339 150 -55.1 230 nsr \n MRRC26-125 520296 962931 343 100 -55.0 230 nsr \n MRRC26-126 520052 964055 328 153 -54.7 230 nsr \n MRRC26-127 520011 964019 330 100 -55.0 230 nsr \n MRRC26-128 522227 961478 321 137 -55.0 230 nsr \n MRRC26-129 522187 961440 320 112 -55.0 230 nsr \n MRRC26-130 522310 961287 332 112 -55.0 230 nsr \n MRRC26-131 522272 961251 333 100 -55.1 230 nsr \n MRRC26-132 522866 960654 402 150 -55.0 230 nsr \n MRRC26-133 522827 960622 391 133 -55.0 230 nsr \n MRRC26-134 522778 960587 375 50 -55.0 230 nsr \n MRRC26-135 523048 960261 369 75 -55.0 230 nsr \n MRRC26-136 523268 960190 386 200 -54.8 230 nsr \n MRRC26-137 521927 961972 299 60 -54.8 230 33 42 9 1.20 7.2 \n MRRC26-138 523139 960338 379 191 -52.4 228 65 69 4 0.40 3.2 \n MRRC26-139 523092 960302 375 135 -55.3 230 114 117 3 2.70 2.4 \n MRRC26-140 523224 960155 379 150 -53.1 229 40 43 3 0.40 2.4 \n MRRC26-141 521869 962053 302 120 -54.0 232 nsr \n MRRC26-142 521907 962085 302 195 -55.0 230 nsr \n MRRC26-143 522569 960932 380 120 -55.1 230 50 58 8 3.40 6.4 \n MRRC26-144 522604 960966 388 141 -54.7 230 nsr \n MRRC26-145 521889 962067 302 130 -55.4 230 nsr \n MRRC26-146 522034 961923 303 160 -49.9 230 nsr \n MRRC26-147 521993 961895 302 60 -49.6 230 nsr \n MRRC26-148 521833 962156 280 150 -50.1 230 nsr \n MRRC26-149 521795 962125 281 108 -55.2 230 nsr \n MRRC26-150 521770 962232 283 140 -49.7 230 nsr \n MRRC26-151 521730 962201 283 52 -54.6 230 27 31 4 0.50 3.2 \n MRRC26-152 521754 962220 288 112 -49.6 230 nsr \n MRRC26-153 522090 961848 287 147 -50.1 230 nsr \n MRRC26-154 522050 961819 284 54 -54.5 230 nsr \n MRRC26-157 522528 960909 351 72 -49.8 230 nsr \n MRRC26-155 522161 961780 290 140 -54.6 230 nsr \n MRRC26-156 522161 961780 290 62 -54.9 231 nsr \n MRRC26-158 522699 960784 350 120 -53.3 230 nsr \n MRRC26-159 522575 961063 345 150 -55.0 230 15 18 3 0.51 2.6 \n MRRC26-160 522732 960810 363 112 -55.0 230 18 21 3 1.79 2.6 \n MRRC26-161 522576 961114 352 130 -49.5 200 nsr \n MRRC26-162 521651 962376 278 150 -55.0 230 results pending \n MRRC26-163 521698 962410 289 100 -55.0 230 results pending \n MRRC26-164 521446 962612 310 140 -55.0 230 results pending \n MRRC26-165 521408 962568 312 80 -55.0 230 results pending \n MRRC26-166 521144 962873 322 60 -55.0 230 results pending \n MRRC26-167 521184 962900 340 126 -55.0 230 results pending \n MRRC26-168 521224 962935 311 102 -55.0 230 results pending \n MRRC26-169 520859 963280 303 116 -55.0 230 results pending \n MRRC26-170 520819 963251 311 60 -55.0 230 results pending \n MRRC26-171 521364 962548 302 66 -55.0 230 results pending \n\n \n\nNOT FOR DISSEMINATION IN THE UNITED STATES OR FOR \nDISTRIBUTION TO U.S. WIRE SERVICES\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/314280","article_body_html":"","raw_payload":{"data":{"id":"nNFC5PQMHd-20260915","title":"Thor Explorations Announces Encouraging Maiden Exploration Drilling Results from the Marahui Project, Côte D'ivoire","author":"Newsfile Corp","ticker":"THX","created":"2026-09-15T06:00:23.874Z","tickers":["THX"],"exchange":"","article_body":"Vancouver, British Columbia--(Newsfile Corp. - September 15, 2026) - Thor\nExplorations Ltd. (TSXV: THX) (AIM: THX) (\"Thor\" or the \"Company\") is pleased\nto announce encouraging maiden exploration drilling results from its Marahui\nGold Project (\"Marahui\" or the \"Licence\") in northeastern Côte d'Ivoire. The\nproject forms part of a portfolio of early-stage exploration licences in Côte\nd'Ivoire which also includes the 100% owned Guitry Gold Exploration Project,\nand an option to earn up to an 80% interest in the Boundiali Exploration\nPermit, located in north-west Côte d'Ivoire.\n\nHighlights\n\nThe assay results include:\n* Drillhole MRRC26-008 - 6 metres (\"m\") at 5.60 grams per tonne (\"g/t\") Au\nfrom 129m\n* Drillhole MRRC26-012 - 9m at 5.40 g/t Au from 40m\n* Drillhole MRRC26-115 - 6m at 6.20 g/t Au from 74m\n* Drillhole MRRC26-053 - 8m at 3.60 g/t Au from 35m\n* Drillhole MRRC26-143 - 8m at 3.40 g/t Au from 50m\n* Drillhole MRRC26-052 - 5m at 3.60 g/t Au from 75m\nSegun Lawson, President & CEO, stated:\n\n\"We are extremely encouraged by this maiden set of drilling results which have\nfollowed the initial early exploration success at this Licence.\n\n\"These encouraging results show high-grade mineralisation at a significant\nstrike length demonstrating the potential scale of Marahui and are an\nimportant step forward for Thor's exploration portfolio in Côte d'Ivoire.\nWide, high-grade intersections which are characterised over a 4km strike\nlength, including 6m at 6.20g/t Au, 9m at 5.40g.t Au and 6m at 5.60g/t Au\nreinforce our already high confidence in the Licence.\n\n\"The scale of the opportunity is particularly encouraging. The drilling to\ndate has identified multiple parallel gold-bearing veins within a shear\ncorridor extending over more than 4 km, yet drilling has tested only\napproximately 30% of the overall geological trend. With further additional\ngeochemical anomalies already defined within the Licence, we have a clear\npipeline of targets to test with our ongoing drilling program.\n\n\"Marahui remains at an early stage, and we are delighted to start with these\nencouraging results which open up a material and exciting new exploration\nopportunity for Thor. We look forward to testing the additional targets over\nthe coming months and reporting the remaining pending results as we build a\nclear understanding of the project's scale and potential.\"\n\nIntroduction\n\nThe Marahui Project comprises exploration permit PR902, covers 250 square\nkilometres (km(2)) and is located in the Bondoukou Region of northeastern\nCôte d'Ivoire (Figure 1).\n\nThe Marahui permit is underlain by an arcuate, north-westerly trending\nsequence, Birimian schistose volcano sedimentary rocks, which are surrounded\nby intrusive granites. In the contact zone, volcano-sediments show strong\nfoliation and silicification. Observed gold mineralisation is controlled by a\nNW-SE shear zone in volcano-sediment schists and by extensional WNW-ESE quartz\nveins in granite.\n\nPrevious soil geochemical sampling and geological mapping around artisanal\nworkings identified two parallel anomalous structures. The larger anomaly\nextends for approximately 4 kilometres (\"km\") and is approximately 200m wide.\nFollow-up rock-chip sampling of material from artisanal workings along this\nstructure confirmed bedrock gold mineralisation, returning values of up to\n23.1g/t Au (Figure 2).\n\n(https://images.newsfilecorp.com/files/7003/314280_6cd08be4e4257ac9_002full.jpg)\n\nFigure 1: Marahui Project Location Map\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7003/314280_6cd08be4e4257ac9_002full.jpg\n\nMarahui Exploration Drilling Results\nThor has carried out 18,439m of its budgeted 25,000m reverse circulation\n(\"RC\") drilling program as part of its ongoing exploration programme, which is\nfocused on a north-westerly-trending line of shallow artisanal workings.\n\nDrill samples are analysed by SGS Laboratories in Yamoussoukro using the\nFAA505 fire assay method with a 50g charge. Significant intersections are\npresented in Table 1, and the complete drillhole summary is provided in\nAppendix 1.\n\nGold mineralisation occurs in a subvertical, en-echelon vein array within a\nnorth-westerly-trending shear zone approximately 200m wide and extending for\nmore than 4km along strike (Figure 2). Drill-line spacing ranges from 100m to\n400m. Results to date suggest that individual veins have apparent strike\ncontinuity of up to 700m and estimated true widths of up to approximately 7m.\n\nDrilling to date has tested approximately 30% of the overall geological trend.\nAdditional discrete geochemical anomalies have been identified along the trend\nand are scheduled for drill testing in the coming months. The Company\nconsiders the initial results highly encouraging, highlighting a new\nexploration opportunity with the potential to support a future standalone\noperation, subject to further exploration and technical and economic\nevaluation.\n\n Hole ID East North RL Depth Dip Azi- From To Interval (m) Grade True Width (m) \n (m) muth (m) (m) (g/tAu) \n MRRC26-002 522850 960514 377 114 -53.1 234 7 14 7 0.80 5.6 \n MRRC26-004 522884 960540 386 150 -53.9 231 104 107 3 1.30 2.4 \n MRRC26-008 522667 960881 379 152 -54.4 229 129 135 6 5.60 4.8 \n and 93 99 6 0.60 4.8 \n MRRC26-012 522428 961140 348 156 -54.0 231 40 49 9 5.40 7.2 \n MRRC26-021 521611 962175 312 84 -55.0 50 40 45 5 2.00 4.0 \n MRRC26-022 521639 962199 312 84 -54.9 231 22 25 3 2.30 2.4 \n MRRC26-052 523165 960227 378 100 -55.0 230 75 80 5 3.60 4.0 \n MRRC26-053 523127 960196 374 100 -55.0 230 35 43 8 3.60 6.4 \n MRRC26-062 521561 962304 317 100 -55.0 230 25 30 5 1.70 4.0 \n MRRC26-083 523552 959309 399 102 -55.0 230 93 96 3 5.00 2.4 \n MRRC26-098 522294 961400 326 102 -55.1 230 85 90 5 2.50 4.0 \n MRRC26-114 523190 960234 380 183 -55.0 230 106 111 5 0.90 4.0 \n MRRC26-115 521941 961985 298 132 -55.0 230 74 80 6 6.20 4.8 \n and 65 72 7 0.80 5.6 \n MRRC26-137 521927 961972 299 60 -54.8 230 33 42 9 1.20 7.2 \n MRRC26-138 523092 960302 375 135 -55.3 230 114 117 3 2.70 2.4 \n MRRC26-143 522569 960932 380 120 -55.1 230 50 58 8 3.40 6.4 \n MRRC26-160 522732 960810 363 112 -55.0 230 18 21 3 1.79 2.6 \n\n \n\nTable 1: Marahui Project Significant Results\n(0.3 g/t Au lower cut off; minimum width 3m with 3m max internal waste)\n\n(https://images.newsfilecorp.com/files/7003/314280_thor2.jpg)\n\nFigure 2: Marahui Project Drillhole Location Plan\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/7003/314280_thor2.jpg\n\nConclusions\nInitial RC drilling at Marahui has confirmed gold-bearing vein mineralisation\nwithin a northwesterly-trending shear corridor approximately 200 m wide and\nextending for more than 4km. Mineralisation occurs in a subvertical,\nen-echelon vein array, with results to date suggesting apparent strike\ncontinuity of up to 700 m for individual veins and estimated true widths of up\nto approximately 7m.\n\nThor has completed 171 RC drillholes testing the interpreted shear zone. The\nprogram is ongoing and assays remain pending, to be released as received.\nSignificant intersections include 6m at 6.20g/tAu from 74m in MRRC26-115, 6m\nat 5.60g/tAu from 129 m in MRRC26-008 and 8m at 3.40g/t Au from 50m in\nMRRC26-143. These intervals are downhole lengths.\n\nWith approximately 30% of the overall geological trend tested by drilling,\nconsiderable scope remains for further exploration. Additional discrete\ngeochemical anomalies have already been identified and are scheduled for drill\ntesting in the coming months, providing a clear pipeline of follow-up targets.\nThese encouraging results reinforce Marahui's potential within Thor's\nexploration portfolio in Côte d'Ivoire and provide a strong foundation for\nthe next phase of work. The potential for a future standalone operation\nremains subject to further exploration and technical and economic evaluation.\n\nQualified Person\nThe above information has been prepared under the supervision of Alfred\nGillman (Fellow AusIMM, CP), who is designated as a \"qualified person\" under\nNational Instrument 43-101 and the AIM Rules and has reviewed and approves the\ncontent of this news release. He has also reviewed QA/QC, sampling, analytical\nand test data underlying the information.\n\nAbout Thor Explorations\n\nThor Explorations Ltd. is a mineral exploration company engaged in the\nacquisition, exploration, development and production of mineral properties\nlocated in Nigeria, Senegal and Côte d'Ivoire. Thor Explorations holds:\n* a 100% interest in the Segilola Gold Project located in Osun State, Nigeria\n* a 100% economic interest in the Douta Gold Project located in south-eastern\nSenegal\n* a 100% interest in the Guitry Gold Project Côte d'Ivoire\n* additional exploration tenure in Nigeria, Senegal and Côte d'Ivoire,\ncomprising wholly and majority-owned interests\nThor Explorations trades on AIM and the TSX Venture Exchange under the symbol\n\"THX\".\n\nTHOR EXPLORATIONS LTD.\nSegun Lawson\nPresident & CEO\n\nFor further information please contact:\n\nThor Explorations Ltd\nEmail: info@thorexpl.com\n\nCanaccord Genuity (Nominated Adviser & Broker)\nJames Asensio / Henry Fitzgerald-O'Connor / Harry Rees / Rory Blundell\nTel: +44 (0) 20 7523 8000\n\nHannam & Partners (Broker)\nAndrew Chubb / Matt Hasson / Jay Ashfield\nTel: +44 (0) 20 7907 8500\n\nBlytheRay (Financial PR)\nTim Blythe / Megan Ray / Said Izagaren\nTel: +44 207 138 3204\n\nYellow Jersey PR (Financial PR)\nCharles Goodwin / Shivantha Thambirajah\nTel: +44 (0) 20 3004 9512\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nThis press release does not constitute an offer to purchase securities. The\nsecurities to be offered in the offering have not been and will not be\nregistered under the United States Securities Act of 1933, as amended, or any\nstate securities laws and may not be offered or sold in the United States or\nto, or for the benefit or account of, a U.S. person, except pursuant to an\navailable exemption from such registration requirements.\n\nCautionary Note Regarding Forward-Looking Statements\n\nExcept for the statements of historical fact contained herein, the information\npresented constitutes \"forward looking statements\" within the meaning of\ncertain securities laws, and is subject to important risks, uncertainties and\nassumptions that could cause the actual results of the Company to differ\nmaterially form the forward-looking statements. Such forward-looking\nstatements, including but not limited to, the Company's ability to fully\nfinance the Project, to bring the Project into operation or to produce gold\nfrom the Project, and the use of the proceeds. The words \"may\", \"could\",\n\"should\", \"would\", \"suspect\", \"outlook\", \"believe\", \"anticipate\", \"estimate\",\n\"expect\", \"intend\", \"plan\", \"target\" and similar words and expressions are\nused to identify forward-looking information. The forward-looking information\nin this news release describes the Company's expectations as of the date of\nthis news release and accordingly, is subject to change after such date.\nReaders should not place undue importance on forward-looking information and\nshould not rely upon this information as of any other date. While the Company\nmay elect to, it does not undertake to update this information at any\nparticular time.\n(https://images.newsfilecorp.com/files/7003/314280_6cd08be4e4257ac9_004full.jpg)\n\nAppendix 1\n\nMarahui Drillhole Summary\n\n Hole ID East North RL Depth (m) Dip Azi-muth From (m) To (m) Interval (m) Grade (g/tAu) True Width (m) \n MRRC26-001 522820 960490 371 102 -55.0 50 87 90 3 0.40 2.4 \n MRRC26-002 522850 960514 377 114 -53.1 234 7 14 7 0.80 5.6 \n And 24 30 6 0.30 4.8 \n And 44 48 4 0.90 3.2 \n MRRC26-003 522783 960461 366 168 -54.4 51 111 114 3 0.70 2.4 \n MRRC26-004 522884 960540 386 150 -53.9 231 65 68 3 0.90 2.4 \n And 104 107 3 1.30 2.4 \n MRRC26-005 522554 960795 366 156 -54.6 51 81 85 4 0.70 3.2 \n MRRC26-006 522594 960826 371 90 -52.2 50 57 61 4 0.40 3.2 \n MRRC26-007 522629 960853 374 90 -52.7 231 nsr \n MRRC26-008 522667 960881 379 152 -54.4 229 93 99 6 0.60 4.8 \n And 129 135 6 5.60 4.8 \n MRRC26-009 522356 961085 344 82 -53.8 50 23 28 5 0.30 4.0 \n And 31 34 3 0.40 2.4 \n MRRC26-010 522388 961110 344 90 -52.8 231 35 41 6 0.40 4.8 \n MRRC26-011 522315 961055 343 150 -52.8 50 nsr \n MRRC26-012 522428 961140 348 156 -54.0 231 0 3 3 0.90 2.4 \n And 40 49 9 5.40 7.2 \n MRRC26-013 522462 961176 350 157 -54.9 231 nsr \n MRRC26-014 522504 961210 352 146 -52.5 230 nsr \n MRRC26-015 522537 961238 352 102 -54.5 230 nsr \n MRRC26-016 522583 961267 349 100 -52.8 230 nsr \n MRRC26-017 522031 961596 313 86 -53.4 232 nsr \n MRRC26-018 522002 961575 314 80 -54.4 49 nsr \n MRRC26-019 521963 961547 317 105 -55.5 49 24 28 4 0.50 3.2 \n MRRC26-020 522075 961629 310 102 -53.3 231 nsr \n MRRC26-021 521611 962175 312 84 -55.0 50 40 45 5 2.00 4.0 \n MRRC26-022 521639 962199 312 84 -54.9 231 22 25 3 2.30 2.4 \n MRRC26-023 521682 962230 311 90 -54.0 230 nsr \n MRRC26-024 522781 960462 366 50 -52.5 230 nsr \n MRRC26-025 522764 960447 365 60 -61.0 232 nsr \n MRRC26-026 522746 960435 364 60 -54.8 232 nsr \n MRRC26-027 522727 960422 361 106 -53.7 231 nsr \n MRRC26-028 522687 960390 356 105 -53.8 230 nsr \n MRRC26-029 522643 960355 353 102 -53.5 231 nsr \n MRRC26-030 522595 960319 349 106 -54.5 229 nsr \n MRRC26-031 522870 960429 368 100 -52.7 11 nsr \n MRRC26-032 522878 960480 375 100 -55.0 10 nsr \n MRRC26-033 522888 960535 386 100 -53.8 11 nsr \n MRRC26-034 522551 960283 345 100 -54.1 232 nsr \n MRRC26-035 522549 960282 345 114 -50.7 51 nsr \n MRRC26-036 522509 960758 359 78 -53.6 230 nsr \n MRRC26-037 522561 960292 346 108 -54.5 51 nsr \n MRRC26-038 522467 960726 355 100 -54.4 230 nsr \n MRRC26-039 522162 960492 335 120 -54.7 50 nsr \n MRRC26-040 522210 960528 339 32 -53.6 230 nsr \n MRRC26-041 522247 960558 342 74 -53.7 230 nsr \n MRRC26-042 522281 960584 343 105 -53.8 230 nsr \n MRRC26-043 522324 960615 346 72 -54.7 230 nsr \n MRRC26-044 522365 960650 348 108 -56.3 230 nsr \n MRRC26-045 522410 960686 350 100 -52.0 230 nsr \n MRRC26-046 522555 960795 366 100 -57.0 230 nsr \n MRRC26-047 522707 960916 378 97 -55.0 230 28 32 4 0.50 3.2 \n MRRC26-048 522755 960953 367 100 -52.6 230 nsr \n MRRC26-049 522059 960802 338 102 -55.0 230 nsr \n MRRC26-050 522023 960767 335 90 -55.0 230 nsr \n MRRC26-051 521982 960737 332 102 -55.0 230 77 82 5 0.40 4.0 \n And 95 98 3 0.80 2.4 \n MRRC26-052 523165 960227 378 100 -55.0 230 75 80 5 3.60 4.0 \n MRRC26-053 523127 960196 374 100 -55.0 230 35 43 8 3.60 6.4 \n MRRC26-054 523094 960169 371 102 -55.0 230 nsr \n MRRC26-055 523056 960139 368 120 -55.0 230 nsr \n MRRC26-056 523256 959862 387 100 -55.0 230 nsr \n MRRC26-057 523220 959830 382 108 -55.0 230 44 47 3 0.40 2.4 \n MRRC26-058 523182 959801 378 100 -55.0 230 nsr \n MRRC26-059 523142 959771 374 105 -55.0 230 nsr \n MRRC26-060 521524 962106 314 108 -55.0 230 nsr \n MRRC26-061 521602 962335 316 118 -55.0 230 109 114 5 0.50 4.0 \n MRRC26-062 521561 962304 317 100 -55.0 230 25 30 5 1.70 4.0 \n MRRC26-063 521529 962280 317 100 -55.0 230 nsr \n MRRC26-064 521485 962246 318 105 -55.0 230 nsr \n MRRC26-065 521568 962142 313 102 -55.0 230 nsr \n MRRC26-066 521482 962075 313 100 -55.0 230 nsr \n MRRC26-067 521434 962039 314 100 -55.0 230 nsr \n MRRC26-068 520174 963503 338 110 -55.0 230 nsr \n MRRC26-069 520215 963537 336 102 -55.0 230 nsr \n MRRC26-070 520367 963654 332 100 -55.0 230 nsr \n MRRC26-071 521610 962175 312 100 -55.0 230 nsr \n MRRC26-072 520409 963689 331 100 -55.0 230 49 52 3 0.80 2.4 \n MRRC26-073 520459 963723 331 100 -55.0 230 nsr \n MRRC26-074 520320 963615 333 100 -55.0 230 nsr \n MRRC26-075 523210 960262 381 100 -55.0 230 96 100 4 0.50 3.2 \n MRRC26-076 523259 960290 387 102 -55.0 230 13 16 3 0.90 2.4 \n MRRC26-077 523447 960001 404 100 -55.0 230 nsr \n MRRC26-078 523404 959977 397 99 -55.0 230 nsr \n MRRC26-079 523506 960031 416 110 -55.0 230 nsr \n MRRC26-080 523363 959939 392 104 -55.0 230 nsr \n MRRC26-081 523520 959274 392 108 -55.0 230 nsr \n MRRC26-082 523482 959249 383 100 -55.0 230 nsr \n MRRC26-083 523552 959309 399 102 -55.0 230 93 96 3 5.00 2.4 \n MRRC26-084 523476 959612 396 102 -55.0 230 nsr \n MRRC26-085 521947 960713 330 100 -55.0 230 nsr \n MRRC26-086 521912 960862 331 100 -55.0 230 59 63 4 0.60 3.2 \n MRRC26-087 523517 959642 393 102 -55.0 230 nsr \n MRRC26-088 523565 959681 378 102 -55.0 230 nsr \n MRRC26-089 523613 959722 374 130 -55.0 230 nsr \n MRRC26-090 523316 959896 388 102 -55.0 230 nsr \n MRRC26-091 523299 960330 401 105 -55.0 230 nsr \n MRRC26-092 523345 960365 417 114 -55.0 230 nsr \n MRRC26-093 523387 960400 429 104 -55.0 230 86 89 3 1.00 2.4 \n MRRC26-094 523665 959755 364 102 -55.0 230 nsr \n MRRC26-095 523610 959339 418 100 -55.0 230 nsr \n MRRC26-096 523654 959373 423 102 -55.0 230 nsr \n MRRC26-097 522247 961366 325 104 -55.0 230 nsr \n MRRC26-098 522294 961400 326 102 -55.1 230 85 90 5 2.50 4.0 \n MRRC26-099 521902 961957 299 102 -55.0 230 nsr \n MRRC26-100 521855 961918 300 108 -55.1 230 nsr \n MRRC26-101 521812 961880 301 100 -55.0 230 nsr \n MRRC26-102 521768 961844 302 100 -55.0 230 nsr \n MRRC26-103 522479 961537 327 100 -55.0 230 91 97 6 0.40 4.8 \n MRRC26-104 522433 961503 329 117 -55.0 230 nsr \n MRRC26-105 522386 961468 328 102 -55.0 230 nsr \n MRRC26-106 522350 961441 329 100 -55.0 230 nsr \n MRRC26-107 522203 961327 328 122 -55.0 230 7 10 3 0.60 2.4 \n MRRC26-108 522157 961294 328 100 -55.0 230 nsr \n MRRC26-109 522890 961059 351 100 -55.0 230 nsr \n MRRC26-110 522847 961022 353 104 -55.0 230 nsr \n MRRC26-111 522798 960987 359 102 -55.0 230 49 54 5 0.50 4.0 \n MRRC26-112 522934 960545 393 100 -55.0 230 nsr \n MRRC26-113 522980 960587 406 162 -55.0 230 nsr \n MRRC26-114 523190 960234 380 183 -55.0 230 106 111 5 0.90 4.0 \n And 146 149 3 1.00 2.4 \n MRRC26-115 521941 961985 298 132 -55.0 230 65 72 7 0.80 5.6 \n And 74 80 6 6.20 4.8 \n MRRC26-116 522033 962053 297 110 -55.0 230 nsr \n MRRC26-117 522634 961301 343 108 -55.0 230 nsr \n MRRC26-118 521997 962019 297 100 -55.0 230 nsr \n MRRC26-119 522125 961667 314 100 -55.0 230 nsr \n MRRC26-120 523031 960618 419 106 -55.0 230 nsr \n MRRC26-121 523036 961621 323 100 -55.0 230 nsr \n MRRC26-122 522949 961550 322 102 -55.0 230 nsr \n MRRC26-123 522997 961585 322 93 -55.0 230 nsr \n MRRC26-124 520371 962979 339 150 -55.1 230 nsr \n MRRC26-125 520296 962931 343 100 -55.0 230 nsr \n MRRC26-126 520052 964055 328 153 -54.7 230 nsr \n MRRC26-127 520011 964019 330 100 -55.0 230 nsr \n MRRC26-128 522227 961478 321 137 -55.0 230 nsr \n MRRC26-129 522187 961440 320 112 -55.0 230 nsr \n MRRC26-130 522310 961287 332 112 -55.0 230 nsr \n MRRC26-131 522272 961251 333 100 -55.1 230 nsr \n MRRC26-132 522866 960654 402 150 -55.0 230 nsr \n MRRC26-133 522827 960622 391 133 -55.0 230 nsr \n MRRC26-134 522778 960587 375 50 -55.0 230 nsr \n MRRC26-135 523048 960261 369 75 -55.0 230 nsr \n MRRC26-136 523268 960190 386 200 -54.8 230 nsr \n MRRC26-137 521927 961972 299 60 -54.8 230 33 42 9 1.20 7.2 \n MRRC26-138 523139 960338 379 191 -52.4 228 65 69 4 0.40 3.2 \n MRRC26-139 523092 960302 375 135 -55.3 230 114 117 3 2.70 2.4 \n MRRC26-140 523224 960155 379 150 -53.1 229 40 43 3 0.40 2.4 \n MRRC26-141 521869 962053 302 120 -54.0 232 nsr \n MRRC26-142 521907 962085 302 195 -55.0 230 nsr \n MRRC26-143 522569 960932 380 120 -55.1 230 50 58 8 3.40 6.4 \n MRRC26-144 522604 960966 388 141 -54.7 230 nsr \n MRRC26-145 521889 962067 302 130 -55.4 230 nsr \n MRRC26-146 522034 961923 303 160 -49.9 230 nsr \n MRRC26-147 521993 961895 302 60 -49.6 230 nsr \n MRRC26-148 521833 962156 280 150 -50.1 230 nsr \n MRRC26-149 521795 962125 281 108 -55.2 230 nsr \n MRRC26-150 521770 962232 283 140 -49.7 230 nsr \n MRRC26-151 521730 962201 283 52 -54.6 230 27 31 4 0.50 3.2 \n MRRC26-152 521754 962220 288 112 -49.6 230 nsr \n MRRC26-153 522090 961848 287 147 -50.1 230 nsr \n MRRC26-154 522050 961819 284 54 -54.5 230 nsr \n MRRC26-157 522528 960909 351 72 -49.8 230 nsr \n MRRC26-155 522161 961780 290 140 -54.6 230 nsr \n MRRC26-156 522161 961780 290 62 -54.9 231 nsr \n MRRC26-158 522699 960784 350 120 -53.3 230 nsr \n MRRC26-159 522575 961063 345 150 -55.0 230 15 18 3 0.51 2.6 \n MRRC26-160 522732 960810 363 112 -55.0 230 18 21 3 1.79 2.6 \n MRRC26-161 522576 961114 352 130 -49.5 200 nsr \n MRRC26-162 521651 962376 278 150 -55.0 230 results pending \n MRRC26-163 521698 962410 289 100 -55.0 230 results pending \n MRRC26-164 521446 962612 310 140 -55.0 230 results pending \n MRRC26-165 521408 962568 312 80 -55.0 230 results pending \n MRRC26-166 521144 962873 322 60 -55.0 230 results pending \n MRRC26-167 521184 962900 340 126 -55.0 230 results pending \n MRRC26-168 521224 962935 311 102 -55.0 230 results pending \n MRRC26-169 520859 963280 303 116 -55.0 230 results pending \n MRRC26-170 520819 963251 311 60 -55.0 230 results pending \n MRRC26-171 521364 962548 302 66 -55.0 230 results pending \n\n \n\nNOT FOR DISSEMINATION IN THE UNITED STATES OR FOR \nDISTRIBUTION TO U.S. WIRE SERVICES\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/314280"},"type":"article","timestamp":"2026-09-15T06:00:23.938637549Z","server_sent_at_ms":1789452023938},"received_at":"2026-09-15T06:00:24.108Z","source_url":"https://www.newsfilecorp.com/release/314280"},"analysis":{"id":"132110","press_release_id":"143275","analysis_json":{"industry":{"label":"Gold","sector":"Materials"},"redFlags":["Early-stage project: no mineral resource estimate; standalone-operation potential is explicitly subject to further exploration and technical/economic evaluation","Reported intervals are downhole lengths, not true widths (estimated true widths up to ~7m)","Many of the 171 drillholes returned no significant results (nsr), indicating discontinuous mineralisation along the trend","Results reported at a low 0.3 g/t Au cut-off; drilling program still has ~6,500m of its 25,000m budget outstanding with assays pending"],"eventType":"operations_update","narrative":"Thor Explorations announced encouraging maiden reverse-circulation drilling results from its 250 km2 Marahui Gold Project in northeastern Côte d'Ivoire, headlined by 6m at 6.20 g/t Au from 74m, 9m at 5.40 g/t Au from 40m and 6m at 5.60 g/t Au from 129m.\n\nThe company has completed 18,439m of its budgeted 25,000m program across 171 holes, confirming gold mineralisation within a shear corridor roughly 200m wide extending more than 4km along strike, with only about 30% of the geological trend drilled to date.\n\nManagement says the results open a material new exploration opportunity with potential to support a future standalone operation, subject to further exploration and technical and economic evaluation, with assays from additional drillholes still pending.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"High-grade maiden hits across a 4km shear corridor at Marahui with ~70% of the trend untested give Thor a fresh resource-potential catalyst in Côte d'Ivoire."},"keyFigures":{"customDimensions":{"bestIntercept":"6m at 6.20 g/t Au from 74m (MRRC26-115)","maxTrueWidthM":"up to approximately 7m","metersDrilled":18439,"topIntercepts":["6m at 5.60 g/t Au from 129m (MRRC26-008)","9m at 5.40 g/t Au from 40m (MRRC26-012)","8m at 3.60 g/t Au from 35m (MRRC26-053)","8m at 3.40 g/t Au from 50m (MRRC26-143)","5m at 3.60 g/t Au from 75m (MRRC26-052)"],"metersBudgeted":25000,"projectAreaKm2":250,"strikeLengthKm":"more than 4km","rockChipMaxGrade":"23.1g/t Au","percentTrendTested":"approximately 30%","drillholesCompleted":171,"shearCorridorWidthM":200,"drillholesPendingAssays":10,"maxVeinStrikeContinuityM":"up to 700m"}},"quotedText":"We are extremely encouraged by this maiden set of drilling results which have\nfollowed the initial early exploration success at this Licence.","namedEntities":{"people":[{"name":"Segun Lawson","role":"President & CEO"},{"name":"Alfred Gillman","role":"Qualified Person (Fellow AusIMM, CP)"}],"products":["Marahui Gold Project","Guitry Gold Project","Boundiali Exploration Permit","Segilola Gold Project","Douta Gold Project"],"companies":[{"name":"Thor Explorations Ltd.","ticker":"THX","relationship":"filer/issuer"},{"name":"Canaccord Genuity","relationship":"nominated adviser & broker"},{"name":"Hannam & Partners","relationship":"broker"},{"name":"SGS Laboratories","relationship":"assay laboratory"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Maiden drilling at Marahui returned multiple high-grade intercepts (up to 6m at 6.20 g/t Au) over a 4km+ shear corridor, with only ~30% of the trend tested and management flagging potential to support a future standalone operation. This is a genuine exploration milestone for a junior gold miner, though it remains early-stage with no resource estimate and is subject to further exploration and economic evaluation."},"tickerRelevance":{"others":[],"primary":"THX"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap junior gold miner (TSXV/AIM dual-listed)","eventGravity":"maiden drilling results with standalone-operation potential language","sectorWeight":"gold exploration","catalystStage":"pre-resource exploration success","issuerAuthored":true}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Thor Explorations announced encouraging maiden reverse-circulation drilling results from its 250 km2 Marahui Gold Project in northeastern Côte d'Ivoire, headlined by 6m at 6.20 g/t Au from 74m, 9m at 5.40 g/t Au from 40m and 6m at 5.60 g/t Au from 129m.\n\nThe company has completed 18,439m of its budgeted 25,000m program across 171 holes, confirming gold mineralisation within a shear corridor roughly 200m wide extending more than 4km along strike, with only about 30% of the geological trend drilled to date.\n\nManagement says the results open a material new exploration opportunity with potential to support a future standalone operation, subject to further exploration and technical and economic evaluation, with assays from additional drillholes still pending.","key_figures":{"customDimensions":{"bestIntercept":"6m at 6.20 g/t Au from 74m (MRRC26-115)","maxTrueWidthM":"up to approximately 7m","metersDrilled":18439,"topIntercepts":["6m at 5.60 g/t Au from 129m (MRRC26-008)","9m at 5.40 g/t Au from 40m (MRRC26-012)","8m at 3.60 g/t Au from 35m (MRRC26-053)","8m at 3.40 g/t Au from 50m (MRRC26-143)","5m at 3.60 g/t Au from 75m (MRRC26-052)"],"metersBudgeted":25000,"projectAreaKm2":250,"strikeLengthKm":"more than 4km","rockChipMaxGrade":"23.1g/t Au","percentTrendTested":"approximately 30%","drillholesCompleted":171,"shearCorridorWidthM":200,"drillholesPendingAssays":10,"maxVeinStrikeContinuityM":"up to 700m"}},"named_entities":{"people":[{"name":"Segun Lawson","role":"President & CEO"},{"name":"Alfred Gillman","role":"Qualified Person (Fellow AusIMM, CP)"}],"products":["Marahui Gold Project","Guitry Gold Project","Boundiali Exploration Permit","Segilola Gold Project","Douta Gold Project"],"companies":[{"name":"Thor Explorations Ltd.","ticker":"THX","relationship":"filer/issuer"},{"name":"Canaccord Genuity","relationship":"nominated adviser & broker"},{"name":"Hannam & Partners","relationship":"broker"},{"name":"SGS Laboratories","relationship":"assay laboratory"}],"dollarAmounts":[]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-15T06:02:14.765Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"small-cap junior gold miner (TSXV/AIM dual-listed)","eventGravity":"maiden drilling results with standalone-operation potential language","sectorWeight":"gold exploration","catalystStage":"pre-resource exploration success","issuerAuthored":true}},"durationMs":59601,"modelName":"glm-5.3-flash"}}