Sunday, September 25, 2022

Burkina Faso

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Burkina FasoDealsGold

THOR ACQUIRES 100% INTEREST IN CENTRAL HOUNDE PROJECT BURKINA FASO

Thor Explorations Ltd. (TSX VENTURE: THX) (“Thor” or the “Company”) is pleased to announce that it has signed an agreement with Barrick Gold Corporation (“Barrick”), which terminates the 2015 Earn-In Agreement between Thor and Acacia Mining PLC (Acacia Mining PLC has subsequently been acquired by Barrick), on the Central Houndé Project (the “Project”) in south-western Burkina Faso (the “Agreement”). Following the signing of the Agreement, Thor has acquired Barrick’s 51% ownership of the Project in exchange for a 1% Net Smelter Royalty. Thor now holds 100% of the Project. The...