Exploration Pipeline Future Projects
Our vision is to create significant shareholder value by being the largest producer of gold and the leading and sustainable supplier of lithium in Nigeria.
Our vision is to create
significant shareholder
value by being the largest
producer of gold and the
leading and sustainable
supplier of lithium in
Nigeria.
Thor’s mission is to supply Nigerian lithium ore for renewable energy, green technology, a sustainable economy and a reduced carbon future
Newstar Lithium
Thor has secured over 600km2 of granted tenure in Nigeria that form Oyo State, Kwara State and Ekiti State Lithium Project Areas. The Oyo State Project Area encompasses what Thor considers to be Nigeria’s most significant lithium pegmatite occurrence, which is currently being exploited by small-scale lithium mining.
Exploration activities during 2024, comprising geological mapping, stream sediment sampling, and detailed auger soil sampling, focused on generating targets
within Newstar-owned exploration permits.
Coincident geochemical anomalies within a structural corridor established from field mapping work were identified in Q1 2025 for follow-up. The geochemical anomaly is
about 1.2km, and further results from the lab may identify the northward continuation of this anomaly.
