Thor Explorations Announces High-Grade Mineralisation Intersected At Segilola In Ilesha
Thor Explorations Ltd, a mineral exploration and mining company, reported positive results from its advanced diamond drilling program at the Segilola Gold Mine in Ilesha, Osun State. The Segilola Gold Project covers a large area in the Ilesha Schist Belt.
Key highlights from the drilling include Drillhole SNMDD060 with 1.8 meters at 29.5 grams per tonne of gold, Drillhole SNMDD061 with 2 meters at 22.2 grams per tonne of gold, and Drillhole SNMDD059. Segun Lawson, President and CEO, expressed delight at the progress of the deep diamond drilling program, which has generated significant gold intersections.
The company aims to extend the mine life at Segilola through ongoing drilling programs to upgrade the inferred resource and increase the overall underground resource. The increased exploration budget for the year will also allow for a faster and more flexible drilling program.
Plus234Feed summary based on reporting from The Will. Read the original report below.
Read full article
Continue on The Will
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Segilola Resources Sponsors GGCE 2025 Promoting Responsible Mining
Segilola Resources Free Medical Services
People, Communities, and Company: Why SROL Is Deepening Its Public Health Investment
Women in Mining Nigeria to Address Sectoral Challenges at GGCE 2025 Conference
SROL Launches SegunCare: Free Medical Services for Osun State Communities
Gold, Gemstone Conference & Exhibition to Sparkle in Lagos
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
