Thor Announces New Gold Targets in Burkina Faso

Thor Explorations Ltd. (Thor) (TSX VENTURE:THX) is pleased to announce the
discovery of five additional gold-in-soil anomalies through an ongoing regional
exploration programme at the Legue granite contact in the south of the Central
Hounde Project in Burkina Faso. In addition, three gold in soil anomalies
previously identified in the Ouere East area of the Central Hounde Project have
been confirmed through infill geochemistry. Ongoing exploration at the Douta
Project in Senegal has confirmed and better defined the gold-in-soil anomalies
at seven gold targets, which are located close to the Sambarabougou granite in
the north of the permit.


Summary



--  In Burkina Faso, the most recent results of the ongoing regional soil
    geochemistry programme have identified five new gold-in-soil anomalies
    at the contact of the Legue Granite and Birimian greenstone, in the
    South of the Central Hounde Project 
--  Also at the Central Hounde Project, three gold-in-soil anomalies
    identified in 2013 near the Poya Granite of the Ouere East area have
    been confirmed and better defined through an infill soil sampling
    campaign 
--  In Senegal, recent results covering seven gold targets have confirmed
    and better defined previous regional work through an infill soil
    sampling programme. Three of these gold targets are located within 5km
    of the Makabingui Gold Deposit, held by Bassari Resources, which is
    adjacent to the Douta Permit.  



Thor intend to continue exploration at granite contact areas in both projects
both to generate further new anomalies in untested ground and to better define
existing anomalies. Once complete, Thor will be in a position to advance
exploration at prioritised targets through more advanced exploration techniques.



Gareth Northam, Thor's Technical Director said "We are delighted that our
current exploration strategy is paying dividends so early on in the campaign.
Competitors have made significant gold discoveries near granitic intrusions into
Birimian greenstone belt rocks and our identification of new gold-in-soil
anomalies in a similar geological setting continue to support this exploration
strategy."


Operational update - Burkina Faso

Thor is continuing to focus exploration near the contacts between the Poya and
Legue granite plutons and the surrounding Birimian metavolcanics and
metasedimentary lithologies. Further to the north of the Hounde greenstone belt,
Roxgold and Semafo have made successful discoveries of the 55 Zone and the Siou
deposits respectively, both of which occur near the edges of granite plutons.
Both of these deposits have disclosed grades above 3 grams per tonne gold.(1),
(2) The locations of these deposits relative to Thor's Central Hounde Project
were provided in the news release dated November 6th, 2013, along with the
resource grades and tonnages (link: www.thorexpl.com/s/News.asp)


Over 1,300 soil samples were taken at three areas on regional grids spaced 200m
x 50m and 400m x 50m covering three priority areas of the Legue Granite
contacts. Initial results from the soil geochemistry programme have identified
five new gold-in-soil anomalies in the three areas tested, and also include the
identification of an artisanal gold mining site currently being exploited. The
gold anomalies and the tested areas are detailed in the map "initial regional
soil sampling at Legue, Central Hounde Project" available on the company's
website at the following link: www.thorexpl.com/s/Maps.asp.


In addition to this regional soil campaign, Thor has also been undertaking
infill geochemistry at known gold-in-soil anomalies previously announced in the
Ouere East area, where drilling in 2013 confirmed a number of hard rock gold
systems (see news releases dated November 6th, 2013). To date, three targets
have been sampled and results have confirmed and improved the definition of the
surface expression of gold mineralisation in the area. 


The regional geochemical program has covered approximately 20% of the Legue
Granite contact area, with the remaining contact areas also considered
prospective for gold mineralisation. The exploration team are continuing the
exploration programme over these untested areas and are now planning to
undertake further infill geochemistry on the newly discovered targets in Legue
and Ouere East. 


Operational update - Senegal

In Senegal, the exploration team have been focussing on increasing the
understanding of known gold-in-soil anomalies which were identified prior to
2013. Seven targets were prioritised for follow up work based on favourable
geology and positive geochemical results. A number of the targets occur within a
kilometre of the Makabingui deposit which is located near the southern contact
of the Sambarabougou Granite. The Makabingui gold deposit is being explored by
Bassari Resources and hosts an indicated resource of 2.6 Mt at 4.0 g/t for 0.34
Moz gold and an inferred resource of 9.3 Mt at 2.2 g/t for 0.67Moz gold (Source:
Bassari company presentation dated 22nd November 2013, see www.bassari.com.au.
(2)


Over 1,000 samples have so far been analysed across the seven targets at
variable sample spacing appropriate to the targets. The locations of these seven
target areas are shown in the accompanying map titled "infill geochemistry at
the Douta Project", available on the company's website at the following link:
www.thorexpl.com/s/Maps.asp. Results from the current programme have confirmed
earlier positive results at all targets tested and help verify the extent and
strength of the gold-in-soil anomaly.


Technical

A standard approach to soil sampling was taken. Each soil sample consisted of
approximately 1 kg of soil, which was collected from approximately 40cm below
the ground surface. Samples were bagged and labelled on site and dispatched to
the SGS Laboratory in Ouagadougou where samples were prepared by fine crushing
and pulverising. Soil samples were analysed by Bulk Leach Extractable gold with
an Atomic Absorption finish, with a lower detection limit of 0.001 g/t Au.


The soil programme was used only to guide further exploration and results are
not suitable for use in resource modelling. As such, different Quality Assurance
/ Quality Control (QA/QC) procedures, considered appropriate for this type of
sampling were applied. These included the submission of routine blanks and
duplicates with internal laboratory standards being used to monitor analytical
accuracy. The QAQC results have been reviewed by Dr. Field who is a Qualified
Person under National Instrument 43-101.


Note (1): Siou Deposit: Refer to Semafo NI 43-101 Technical Report effective
date October 4th 2013, and 55 Zone: Refer to Roxgold NI 43-101 Technical Report
effective October 29th, 2013. Both reports can be viewed at www.sedar.com. Note
(2) Cautionary statement: competitor resources mentioned in this news release
are not necessarily indicative of potential quantities or grades of
mineralization on the Company's own properties.


About Thor Explorations Ltd. 

Thor Explorations Ltd. is a Canadian mineral exploration company engaged in the
acquisition, exploration and development of mineral properties located in
Senegal and Burkina Faso. Thor holds a 70% interest in the Douta Gold Project
located in southeastern Senegal. The Douta Gold Project lies within the Kenieba
Inlier which hosts significant gold resources and has attracted major
international mining companies. Thor also holds an 85% interest in the Bongui
and Legue gold permits and 100% interest in the Ouere gold permit located in
Hounde greenstone belt, south west Burkina Faso. Thor trades on the TSX Venture
Exchange under the symbol "THX".


Qualified Person

The scientific and technical information contained in this press release has
been reviewed by Dr. Matthew Field, Pr.Sci.Nat, who is a qualified person for
the purpose of National Instrument 43-101 and an employee of AMEC who have been
engaged by Thor Explorations Ltd. to provide advice on exploration data
collection and resource estimation. Dr. Field visited the Central Hounde Project
in June 2013. His knowledge of Thor's property has been supplemented by
information supplied by Thor for review plus public domain information relating
to the adjacent properties referred to in this press release. Dr Edmund Sides of
AMEC (also a qualified person for the purposes of National Instrument 43-101)
visited the Douta project in Senegal in January 2012. Dr Field also visited the
Douta licenses in Senegal in June 2012.


THOR EXPLORATIONS LTD. 

Segun Lawson, President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release


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investors in understanding the Company's plans and objectives and may not be
appropriate for other purposes. The Company does not undertake to update any
forward-looking information, except in accordance with applicable securities
laws. 


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FOR FURTHER INFORMATION PLEASE CONTACT: 
Thor Explorations Ltd.
Investor Relations
778-373-0102
604-639-4670 (FAX)
info@thorexpl.com
www.thorexpl.com
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