IN BRIEF: Thor Explorations buys large lithium tenure in Nigeria
Thor Explorations Ltd - Vancouver, Canada-based mineral exploration company with interests in Nigeria, Senegal and Burkina Faso - Announces acquisition by newly-formed Nigeria subsidiary Newstar Minerals Ltd of over 600 kilometres squared of granted tenure covering two known lithium bearing pegmatite deposits and one large unexplored prospective pegmatite-rich belt. Tenure comprises West Oyo, Kwara State and Ekiti State lithium project areas in south-west Nigeria "within close proximity" to Lagos and Cotonou. Company aims to develop its first large-scale lithium mine without selling down ownership positions or dilute existing shareholders. It also will continue to prioritise explorations at Segilola gold mine, also in Nigeria. Read More