# Thor Explorations Announces Further High-Grade Mineralisation Intersected Below Segilola Open Pit

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8

Original source: https://money.tmx.com/en/quote/THX/news/6350379100557023/thor-explorations-announces-further-high-grade-mineralisation-intersected-below-

Publisher: tmx

Original announcement: 2026-08-06T06:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Thor Explorations Ltd

- Ticker: THX

- Exchange: TSX

- Region: Nigeria

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-09-15 02:34:11 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Thor Explorations announced further high-grade gold mineralization intersected below the Segilola open pit, with ongoing drilling extending the deposit at depth. The program aims to upgrade the inferred underground resource and increase its overall size, supporting a potential underground mining development decision. Key intercepts include 19.4m at 3.01 g/t Au and 3.3m at 10.19 g/t Au, with true widths disclosed for all significant results.

Reasoning: Thor Explorations reports high-grade gold intercepts from drilling beneath the Segilola open pit, extending mineralization at depth and supporting a potential underground mining decision. While some intercepts are narrow, the presence of strong grades and true width disclosure, combined with robust QA/QC, indicates positive progress in defining the underground resource and extending mine life.

- Positive factor: High-grade intercepts

- Positive factor: True Width Disclosed

- Positive factor: Step-Out Extension

- Positive factor: QA/QC Disclosed

- Positive factor: QP/CP Signed

- Negative factor: Some intercepts are low grade for underground mining

- Negative factor: Narrow widths for some high-grade intercepts

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 23

## Classification and evidence

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The drill results table explicitly includes a 'True Width \(m\)' column for all reported intercepts.

Evidence · table

> True Width \(m\)

Context: Hole ID

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drilling program is described as testing 'the along-strike and down-plunge extensions of the deposit' and intersecting mineralization 'well below the current pit design'.

Evidence · text

> testing the along-strike and down-plunge extensions of the deposit

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release details the sampling method \(HQ diamond core\), assay laboratory \(SROL Laboratory established by MSA Laboratories\), and assay procedure \(fire assay with primary and two additional assays of the same pulp\).

Evidence · text

> Drill sampling is being carried out using HQ diamond core. Half core samples are analysed by fire assay at the SROL Laboratory, which was established by MSA Laboratories at the Segilola Mine Site. The final assay results are an average of the primary assay result \(Au1\) and two additional fire assays of the same pulp \(AuR1 and AuR2\).

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Alfred Gillman \(Fellow AusIMM, Chartered Professional\) is designated as a 'qualified person' under National Instrument 43-101 and the AIM Rules and has reviewed and approved the content.

Evidence · text

> Alfred Gillman \(Fellow AusIMM, Chartered Professional\), who is designated as a "qualified person" under National Instrument 43-101 and the AIM Rules and has reviewed and approves the content of this news release.

**Cut-off Disclosed**

Polarity: positive

Story-specific tag

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The drill results table specifies a '0.5g/tAu cut off' for significant intersections.

Evidence · table

> 0.5g/tAu cut off

Context: Table 1: Significant Drillhole Intersections \(>3gram-metres, 0.5g/tAu cut off, Min. length 0.5m, Max. internal dilution 1m\)

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drilling program aims to 'upgrade parts of the remaining inferred underground resource', which is characteristic of infill drilling.

Evidence · text

> Our drilling will continue to both upgrade parts of the remaining inferred underground resource

## Extracted facts

Stored fact records: 23. Some facts used in scoring do not have a stored record.

## Drill Results (23)

### SNMDD089

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-0)

Segilola · gold

#### Identity

- Hole ID: SNMDD089
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 3.01
- Grade Unit: g/t
- Intercept: 19.4 m
- True Width: 9 m
- From: 346 m
- To: 365.4 m
- Hole Depth: 368.4 m
- Intercept Depth: 346 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD089:346-365.4
- Mining Method: underground

#### Location

- Easting: 4083
- Northing: 11797
- Azimuth: 91 °
- Dip: -84 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD089 shows a good true width of 9.0m, which is positive for potential underground mining, but the grade of 3.01 g/t Au is at the lower end of the weak category for orogenic underground gold deposits.

- Positive factor: Good true width \(9.0m\)

- Positive factor: True Width Disclosed

- Positive factor: Supports underground potential

- Negative factor: Grade is weak for underground gold \(3.01 g/t Au\)

Evidence · table

> 3.01

Context: 19.4

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 9

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD090

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-1)

Segilola · gold

#### Identity

- Hole ID: SNMDD090
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 3.73
- Grade Unit: g/t
- Intercept: 2.1 m
- True Width: 1.6 m
- From: 256.1 m
- To: 258.2 m
- Hole Depth: 278.3 m
- Intercept Depth: 256.1 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD090:256.1-258.2
- Mining Method: underground

#### Location

- Easting: 4099
- Northing: 10749
- Azimuth: 92 °
- Dip: -61.5 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD090 shows a moderate grade of 3.73 g/t Au for underground gold, but the very narrow true width of 1.6m limits its overall materiality.

- Positive factor: Grade is moderate for underground gold

- Positive factor: True Width Disclosed

- Negative factor: Very narrow true width \(1.6m\)

Evidence · table

> 3.73

Context: 2.1

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.6

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD097

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-2)

Segilola · gold

#### Identity

- Hole ID: SNMDD097
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 3.6
- Grade Unit: g/t
- Intercept: 2.5 m
- True Width: 1.2 m
- From: 437.3 m
- To: 439.8 m
- Hole Depth: 209.7 m
- Intercept Depth: 437.3 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD097:437.3-439.8
- Mining Method: underground

#### Location

- Easting: 4199
- Northing: 10469
- Azimuth: 90 °
- Dip: -79 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD097 shows a moderate grade of 3.60 g/t Au for underground gold, but the very narrow true width of 1.2m limits its overall materiality.

- Positive factor: Grade is moderate for underground gold

- Positive factor: True Width Disclosed

- Negative factor: Very narrow true width \(1.2m\)

Evidence · table

> 3.60

Context: 2.5

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.2

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD098

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-3)

Segilola · gold

#### Identity

- Hole ID: SNMDD098
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 1.41
- Grade Unit: g/t
- Intercept: 8.3 m
- True Width: 4.1 m
- From: 448 m
- To: 456.3 m
- Hole Depth: 485.4 m
- Intercept Depth: 448 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD098:448-456.3
- Mining Method: underground

#### Location

- Easting: 4032
- Northing: 11724
- Azimuth: 90 °
- Dip: -84 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD098 shows a grade of 1.41 g/t Au, which is below the weak threshold for underground gold, despite a moderate true width of 4.1m.

- Positive factor: Moderate true width \(4.1m\)

- Positive factor: True Width Disclosed

- Negative factor: Grade is below weak threshold for underground gold \(1.41 g/t Au\)

Evidence · table

> 1.41

Context: 8.3

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 4.1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD101

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-4)

Segilola · gold

#### Identity

- Hole ID: SNMDD101
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 1.52
- Grade Unit: g/t
- Intercept: 4.7 m
- True Width: 2.1 m
- From: 198.5 m
- To: 203.2 m
- Hole Depth: 230.9 m
- Intercept Depth: 198.5 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD101:198.5-203.2
- Mining Method: underground

#### Location

- Easting: 4203
- Northing: 10448
- Azimuth: 90 °
- Dip: -84 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD101 shows a grade of 1.52 g/t Au, which is below the weak threshold for underground gold, and a narrow true width of 2.1m.

- Positive factor: True Width Disclosed

- Negative factor: Grade is below weak threshold for underground gold \(1.52 g/t Au\)

- Negative factor: Narrow true width \(2.1m\)

Evidence · table

> 1.52

Context: 4.7

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD107

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-5)

Segilola · gold

#### Identity

- Hole ID: SNMDD107
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 1.27
- Grade Unit: g/t
- Intercept: 3.3 m
- True Width: 2.2 m
- From: 345.1 m
- To: 348.4 m
- Hole Depth: 382.1 m
- Intercept Depth: 345.1 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD107:345.1-348.4
- Mining Method: underground

#### Location

- Easting: 4035
- Northing: 10833
- Azimuth: 90 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD107 shows a grade of 1.27 g/t Au, which is below the weak threshold for underground gold, and a narrow true width of 2.2m.

- Positive factor: True Width Disclosed

- Negative factor: Grade is below weak threshold for underground gold \(1.27 g/t Au\)

- Negative factor: Narrow true width \(2.2m\)

Evidence · table

> 1.27

Context: 3.3

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.2

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD114

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-6)

Segilola · gold

#### Identity

- Hole ID: SNMDD114
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 1.26
- Grade Unit: g/t
- Intercept: 11.8 m
- True Width: 6.4 m
- From: 411.5 m
- To: 423.3 m
- Hole Depth: 441.9 m
- Intercept Depth: 411.5 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD114:411.5-423.3
- Mining Method: underground

#### Location

- Easting: 4031
- Northing: 11756
- Azimuth: 80 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD114 shows a grade of 1.26 g/t Au, which is below the weak threshold for underground gold, despite a moderate true width of 6.4m.

- Positive factor: Moderate true width \(6.4m\)

- Positive factor: True Width Disclosed

- Negative factor: Grade is below weak threshold for underground gold \(1.26 g/t Au\)

Evidence · table

> 1.26

Context: 11.8

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 6.4

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD125

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-7)

Segilola · gold

#### Identity

- Hole ID: SNMDD125
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 1.55
- Grade Unit: g/t
- Intercept: 8.5 m
- True Width: 4.7 m
- From: 397.7 m
- To: 406.2 m
- Hole Depth: 420 m
- Intercept Depth: 397.7 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD125:397.7-406.2
- Mining Method: underground

#### Location

- Easting: 4020
- Northing: 11783
- Azimuth: 90 °
- Dip: -78 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD125 shows a grade of 1.55 g/t Au, which is below the weak threshold for underground gold, despite a moderate true width of 4.7m.

- Positive factor: Moderate true width \(4.7m\)

- Positive factor: True Width Disclosed

- Negative factor: Grade is below weak threshold for underground gold \(1.55 g/t Au\)

Evidence · table

> 1.55

Context: 8.5

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 4.7

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD128

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-8)

Segilola · gold

#### Identity

- Hole ID: SNMDD128
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 1.8
- Grade Unit: g/t
- Intercept: 13.7 m
- True Width: 7 m
- From: 349.3 m
- To: 363 m
- Hole Depth: 390.1 m
- Intercept Depth: 349.3 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD128:349.3-363
- Mining Method: underground

#### Location

- Easting: 4068
- Northing: 11823
- Azimuth: 81 °
- Dip: -79 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD128 shows a good true width of 7.0m, but the grade of 1.80 g/t Au is below the weak threshold for underground gold, resulting in neutral materiality.

- Positive factor: Good true width \(7.0m\)

- Positive factor: True Width Disclosed

- Negative factor: Grade is below weak threshold for underground gold \(1.80 g/t Au\)

Evidence · table

> 1.80

Context: 13.7

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 7

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD129

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-9)

Segilola · gold

#### Identity

- Hole ID: SNMDD129
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 1.66
- Grade Unit: g/t
- Intercept: 7.5 m
- True Width: 3.2 m
- From: 384.9 m
- To: 392.4 m
- Hole Depth: 428.5 m
- Intercept Depth: 384.9 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD129:384.9-392.4
- Mining Method: underground

#### Location

- Easting: 4065
- Northing: 11849
- Azimuth: 132 °
- Dip: -84 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD129 shows a grade of 1.66 g/t Au, which is below the weak threshold for underground gold, and a narrow true width of 3.2m.

- Positive factor: True Width Disclosed

- Negative factor: Grade is below weak threshold for underground gold \(1.66 g/t Au\)

- Negative factor: Narrow true width \(3.2m\)

Evidence · table

> 1.66

Context: 7.5

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.2

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD138

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-10)

Segilola · gold

#### Identity

- Hole ID: SNMDD138
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 4.93
- Grade Unit: g/t
- Intercept: 1.3 m
- True Width: 1.1 m
- From: 123.6 m
- To: 124.9 m
- Hole Depth: 174 m
- Intercept Depth: 123.6 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD138:123.6-124.9
- Mining Method: underground

#### Location

- Easting: 4141
- Northing: 11605
- Azimuth: 90 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD138 shows a moderate grade of 4.93 g/t Au for underground gold, but the very narrow true width of 1.1m limits its overall materiality.

- Positive factor: Grade is moderate for underground gold

- Positive factor: True Width Disclosed

- Negative factor: Very narrow true width \(1.1m\)

Evidence · table

> 4.93

Context: 1.3

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD141

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-11)

Segilola · gold

#### Identity

- Hole ID: SNMDD141
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 2.83
- Grade Unit: g/t
- Intercept: 1.4 m
- True Width: 1.1 m
- From: 353.3 m
- To: 354.7 m
- Hole Depth: 420 m
- Intercept Depth: 353.3 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD141:353.3-354.7
- Mining Method: underground

#### Location

- Easting: 3968
- Northing: 11264
- Azimuth: 90 °
- Dip: -63.1 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD141 shows a weak grade of 2.83 g/t Au for underground gold, but the very narrow true width of 1.1m limits its overall materiality.

- Positive factor: Grade is weak for underground gold

- Positive factor: True Width Disclosed

- Negative factor: Very narrow true width \(1.1m\)

Evidence · table

> 2.83

Context: 1.4

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD144

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-12)

Segilola · gold

#### Identity

- Hole ID: SNMDD144
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 5.92
- Grade Unit: g/t
- Intercept: 0.7 m
- True Width: 0.6 m
- From: 110.8 m
- To: 111.5 m
- Hole Depth: 154.9 m
- Intercept Depth: 110.8 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD144:110.8-111.5
- Mining Method: underground

#### Location

- Easting: 4157
- Northing: 11542
- Azimuth: 90 °
- Dip: -53 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD144 shows a moderate grade of 5.92 g/t Au for underground gold, but the extremely narrow true width of 0.6m significantly limits its overall materiality.

- Positive factor: Grade is moderate for underground gold

- Positive factor: True Width Disclosed

- Negative factor: Extremely narrow true width \(0.6m\)

Evidence · table

> 5.92

Context: 0.7

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.6

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD150

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-13)

Segilola · gold

#### Identity

- Hole ID: SNMDD150
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 4.1
- Grade Unit: g/t
- Intercept: 1.3 m
- True Width: 0.7 m
- From: 30.5 m
- To: 31.8 m
- Hole Depth: 89 m
- Intercept Depth: 30.5 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD150:30.5-31.8
- Mining Method: underground

#### Location

- Easting: 4206
- Northing: 11690
- Azimuth: 90 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD150 shows a moderate grade of 4.10 g/t Au for underground gold, but the extremely narrow true width of 0.7m significantly limits its overall materiality.

- Positive factor: Grade is moderate for underground gold

- Positive factor: True Width Disclosed

- Negative factor: Extremely narrow true width \(0.7m\)

Evidence · table

> 4.10

Context: 1.3

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.7

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD165

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-14)

Segilola · gold

#### Identity

- Hole ID: SNMDD165
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 10.5
- Grade Unit: g/t
- Intercept: 1.8 m
- True Width: 1.4 m
- From: 299.9 m
- To: 301.7 m
- Hole Depth: 326.6 m
- Intercept Depth: 299.9 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD165:299.9-301.7
- Mining Method: underground

#### Location

- Easting: 4027
- Northing: 11936
- Azimuth: 90 °
- Dip: -65 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD165 shows a strong grade of 10.50 g/t Au for underground gold, but the very narrow true width of 1.4m limits its overall materiality.

- Positive factor: Grade is strong for underground gold \(10.50 g/t Au\)

- Positive factor: True Width Disclosed

- Negative factor: Very narrow true width \(1.4m\)

Evidence · table

> 10.50

Context: 1.8

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.4

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD166

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-15)

Segilola · gold

#### Identity

- Hole ID: SNMDD166
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 5.66
- Grade Unit: g/t
- Intercept: 5.3 m
- True Width: 3.3 m
- From: 300.1 m
- To: 305.4 m
- Hole Depth: 321.2 m
- Intercept Depth: 300.1 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD166:300.1-305.4
- Mining Method: underground

#### Location

- Easting: 4068
- Northing: 11843
- Azimuth: 90 °
- Dip: -71 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD166 shows a moderate grade of 5.66 g/t Au for underground gold and a narrow true width of 3.3m, contributing positively to the underground potential.

- Positive factor: Grade is moderate for underground gold

- Positive factor: True Width Disclosed

- Positive factor: Supports underground potential

- Negative factor: Narrow true width \(3.3m\)

Evidence · table

> 5.66

Context: 5.3

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 3.3

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD170

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-16)

Segilola · gold

#### Identity

- Hole ID: SNMDD170
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 7.58
- Grade Unit: g/t
- Intercept: 3.41 m
- True Width: 2.2 m
- From: 288.7 m
- To: 292.1 m
- Hole Depth: 372 m
- Intercept Depth: 288.7 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD170:288.7-292.1
- Mining Method: underground

#### Location

- Easting: 4076
- Northing: 11899
- Azimuth: 91 °
- Dip: -74 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: The first intercept in SNMDD170 shows a strong grade of 7.58 g/t Au for underground gold, with a narrow true width of 2.2m, indicating positive mineralization at depth.

- Positive factor: Grade is strong for underground gold \(7.58 g/t Au\)

- Positive factor: True Width Disclosed

- Positive factor: Supports underground potential

- Negative factor: Narrow true width \(2.2m\)

Evidence · table

> 7.58

Context: 3.41

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.2

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD170

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-17)

Segilola · gold

#### Identity

- Hole ID: SNMDD170
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 1.16
- Grade Unit: g/t
- Intercept: 4 m
- True Width: 2.6 m
- From: 303 m
- To: 307 m
- Hole Depth: 372 m
- Intercept Depth: 288.7 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD170:303-307
- Mining Method: underground

#### Location

- Easting: 4076
- Northing: 11899
- Azimuth: 91 °
- Dip: -74 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: The second intercept in SNMDD170 shows a grade of 1.16 g/t Au, which is below the weak threshold for underground gold, and a narrow true width of 2.6m, limiting its materiality.

- Positive factor: True Width Disclosed

- Negative factor: Grade is below weak threshold for underground gold \(1.16 g/t Au\)

- Negative factor: Narrow true width \(2.6m\)

Evidence · table

> 1.16

Context: 4.0

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.6

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD171

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-18)

Segilola · gold

#### Identity

- Hole ID: SNMDD171
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 9.27
- Grade Unit: g/t
- Intercept: 2 m
- True Width: 1.6 m
- From: 420.1 m
- To: 422.1 m
- Hole Depth: 480 m
- Intercept Depth: 420.1 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD171:420.1-422.1
- Mining Method: underground

#### Location

- Easting: 3951
- Northing: 11221
- Azimuth: 90 °
- Dip: -67 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD171 shows a strong grade of 9.27 g/t Au for underground gold, but the very narrow true width of 1.6m limits its overall materiality.

- Positive factor: Grade is strong for underground gold \(9.27 g/t Au\)

- Positive factor: True Width Disclosed

- Positive factor: Supports underground potential

- Negative factor: Very narrow true width \(1.6m\)

Evidence · table

> 9.27

Context: 2.0

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.6

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD178

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-19)

Segilola · gold

#### Identity

- Hole ID: SNMDD178
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 11.31
- Grade Unit: g/t
- Intercept: 1.2 m
- True Width: 0.7 m
- From: 256 m
- To: 257.2 m
- Hole Depth: 275.6 m
- Intercept Depth: 256 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD178:256-257.2
- Mining Method: underground

#### Location

- Easting: 4092
- Northing: 11959
- Azimuth: 90 °
- Dip: -74 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: Intercept SNMDD178 shows a strong grade of 11.31 g/t Au for underground gold, but the extremely narrow true width of 0.7m significantly limits its overall materiality.

- Positive factor: Grade is strong for underground gold \(11.31 g/t Au\)

- Positive factor: True Width Disclosed

- Negative factor: Extremely narrow true width \(0.7m\)

Evidence · table

> 11.31

Context: 1.2

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.7

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD179

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-20)

Segilola · gold

#### Identity

- Hole ID: SNMDD179
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 3.67
- Grade Unit: g/t
- Intercept: 1.6 m
- True Width: 1.02 m
- From: 297.4 m
- To: 299 m
- Hole Depth: 334.4 m
- Intercept Depth: 297.4 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD179:297.4-299
- Mining Method: underground

#### Location

- Easting: 4067
- Northing: 11864
- Azimuth: 90 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: The first intercept in SNMDD179 shows a moderate grade of 3.67 g/t Au for underground gold, but the very narrow true width of 1.02m limits its overall materiality.

- Positive factor: Grade is moderate for underground gold

- Positive factor: True Width Disclosed

- Negative factor: Very narrow true width \(1.02m\)

Evidence · table

> 3.67

Context: 1.6

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.02

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD179

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-21)

Segilola · gold

#### Identity

- Hole ID: SNMDD179
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 10.19
- Grade Unit: g/t
- Intercept: 3.3 m
- True Width: 2.11 m
- From: 307.7 m
- To: 311 m
- Hole Depth: 334.4 m
- Intercept Depth: 297.4 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD179:307.7-311
- Mining Method: underground

#### Location

- Easting: 4067
- Northing: 11864
- Azimuth: 90 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: The second intercept in SNMDD179 shows a strong grade of 10.19 g/t Au for underground gold, with a narrow true width of 2.11m, indicating positive mineralization at depth.

- Positive factor: Grade is strong for underground gold \(10.19 g/t Au\)

- Positive factor: True Width Disclosed

- Positive factor: Supports underground potential

- Negative factor: Narrow true width \(2.11m\)

Evidence · table

> 10.19

Context: 3.3

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.11

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SNMDD179

[Link to this fact](https://atlas-extractions.minestarters.com/news/thor-explorations-announces-further-high-grade-mineralisation-intersected-below--475bb6e6-7151-4e20-9f50-81abfcaa36b8#fact-drill-facts-22)

Segilola · gold

#### Identity

- Hole ID: SNMDD179
- Project: Segilola
- Commodity: gold
- Region: nigeria
- Reported Region: nigeria
- Ticker: THX

#### Geometry

- Grade: 2.86
- Grade Unit: g/t
- Intercept: 3.5 m
- True Width: 2.24 m
- From: 312.5 m
- To: 316 m
- Hole Depth: 334.4 m
- Intercept Depth: 297.4 m

#### Classification

- Deposit Type: orogenic
- Program: mixed
- Sample Type: drill
- Group ID: SNMDD179:312.5-316
- Mining Method: underground

#### Location

- Easting: 4067
- Northing: 11864
- Azimuth: 90 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: SROL Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: check\_assays, duplicates

#### Deleterious

- Deleterious Flag: No

#### Compositing

- Cutoff Grade: 0.5
- Cutoff Unit: g/t Au
- Dilution Disclosed: Yes
- Max Dilution: 1 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-06T00:00:00.000Z

Reasoning: The third intercept in SNMDD179 shows a weak grade of 2.86 g/t Au for underground gold, with a narrow true width of 2.24m, contributing to the overall mineralization picture.

- Positive factor: Grade is weak for underground gold

- Positive factor: True Width Disclosed

- Negative factor: Narrow true width \(2.24m\)

Evidence · table

> 2.86

Context: 3.5

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.24

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff\_grade and internal dilution are both stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.