Mr. Segun Lawson reports

THOR EXPLORATIONS ANNOUNCES DOUTA PROJECT PRELIMINARY FEASIBILITY STUDY RELEASE DATE

Thor Explorations Ltd. will publish the results of the preliminary feasibility study for the Douta project in Senegal on Monday, Jan. 26, 2026.

Segun Lawson, president and chief executive officer, will provide a live investor session through the Investor Meet Company platform on Tuesday, Jan. 27, 2026, at 2 p.m. GMT to discuss the PFS.

The presentation is open to all existing and potential investors. Questions can be submitted pre-event through your Investor Meet Company dashboard up until 9 a.m. the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company free of charge and add to meet Thor Explorations on-line.

Investors who already follow Thor Explorations on the Investor Meet Company platform will automatically be invited. Whilst the company may not be able to answer every individual question, the aim is to address the issues raised by investors. Responses to the question-and-answer session will be published at the earliest opportunity on the Investor Meet Company platform following the presentation. Investor feedback can also be submitted directly to management after the event to ensure the company can understand all investor views. For further information, please e-mail: thorexplorations@yellowjerseypr.com.

About Thor Explorations Ltd.

Thor Explorations is a mineral exploration company engaged in the acquisition, exploration, development and production of mineral properties located in Nigeria, Senegal and Burkina Faso. Thor Explorations holds:

• A 100-per-cent interest in the Segilola gold project, located in Osun state, Nigeria;
• A 100-per-cent economic interest in the Douta gold project, located in southeastern Senegal;
• A 100-per-cent interest in the Guitry gold project in Ivory Coast;
• Additional exploration tenure in Nigeria, Senegal and Ivory Coast comprising wholly and majority owned interests.

Thor Explorations trades on the AIM (Alternative Investment Market) and the TSX Venture Exchange under the symbol THX.