Thor Explorations’ Segilola is Nigeria’s first large-scale gold mine and it is hoped that it will lay the foundation for attracting more mining investment in the country. The gold project comprises an indicated resource of 556 000 oz at 4.2 g/t, an inferred resource of 306 000 oz at 4.7 g/t and a probable reserve of 448 000 oz at 4.2 g/t. A 25-year mining license was issued in September 2016.
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