06:58 AM EDT, 09/16/2024 (MT Newswires) -- Thor Explorations ( THXPF ) expanded its operations into Cote d'Ivoire, agreeing to acquire the Guitry Gold project from Endeavour Mining ( EDVMF ) for US$100,000 and a 2% net smelter royalty. The acquisition is subject to government approval.

Thor has also entered into an agreement with Goldridge Resources to earn up to an 80% interest in the Boundiali Exploration Permit in northwest Cote d'Ivoire. Thor has generated a number of continuous soil geochemical anomalies in Boundiali for drilling. The terms of the earn-in include a minimum exploration program over 36 months and an option fee payment of US$150,000 payable within the first 24 months to earn an initial 51% interest.