Company
Thor Explorations Ltd
CVE:THX
Thor Explorations Ltd is a West African focused gold producer. The company's mission is to unlock West Africa's gold potential through responsible exploration and production. It operates Nigeria’s first large-scale commercial gold mine and continue to expand across Senegal and Côte d’Ivoire, building long-term value through growth, discovery, and sustainable development.
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Thor Explorations hails latest positive drill results from Makosa deposit at Senegal gold project
The program of reverse circulation (RC) drilling was designed to both upgrade parts of the existing resource and to target potentially higher-grade parts of the deposit
Thor Explorations updates on Segilola Gold Mine in Nigeria; highlights record Q3 production
The company beat its Q3 2022 guidance by over 1,500 ounces, Segun Lawson, Thor president and CEO said
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Thor Exploration announces new Sambara discovery and further drill results from Makosa at Douta Gold Project in Senegal
Initial results suggest that Sambara could potentially develop into a supplemental high-grade resource while drilling at the southern extremity of Makosa has resulted in a high-grade intersection, indicating robust mineralisation extends at
Thor Explorations reports 'milestone' second quarter; posts net profit of over US$6M
Segun Lawson, the CEO of Thor Explorations said: "We are pleased to have completed another strong quarter at the upper end of our guidance, improving on our performance in the first quarter of the year"
Thor Explorations reports 11% gold production increase from Segilola mine in second quarter
The mine produced 23,785 ounces of gold produced in the three months ended June 30 and a total of 45,128 oz in the first half of 2022
Thor Explorations posts revenue of US$24.8M in first quarter as it achieves commercial production at Segilola mine
In the three months to March 31, the firm milled 221,920 tonnes of ore and sold 16,658 ounces of gold at all-in sustaining costs (AISC) of US$799 per ounce. It also sold 922 ounces of silver
Thor Explorations could beat its annual production guidance at Segilola, Canaccord Genuity says as new operational figures released
In a note, Canaccord said that the results were in line with its expectations, putting the mine on track to achieve the top-half guidance range of between 80,000 to 100,000 ounces for the year.
Thor Explorations says Segilola Gold Mine in Nigeria continued operating at a steady state in March 2022
"The month of March has closed off a very positive start to the year, completing our first full quarter of gold production,” president and CEO Segun Lawson said
Thor Explorations says Segilola Gold Mine in Nigeria continued performing at budget in February 2022
"There continue to be production improvements in all aspects month on month for three consecutive months at the Segilola Gold Project in Nigeria,” Segun Lawson, Thor Exploration president & CEO said
Thor Explorations announces start of 2022 drilling program at its Douta Gold project in Senegal
A comprehensive exploration program, that starts with a first phase of 5,000 metres of reverse circulation drilling, has been designed to extend the strike extensions of the resource which remains open-ended along strike to the north
Thor Explorations says it is back on track with production following supply chain issues
The company said it expects 1Q 2022 production of 20,000 to 22,000 ounces and full-year production for 2022 of 80,000 to 100,000 ounces
Thor Explorations Ltd's maiden resource estimate on Makosa deposit shows good gold grades and expansion potential
The resource estimate outlines an inferred resource of 15.3 million tons at a grade of 1.5 grams per ton (g/t) gold for 730,000 ounces of gold
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Thor Explorations achieves milestone with commercial production at its Segilola gold mine in Nigeria
"This is a significant achievement and marks the start of an exciting growth phase for the company through the combination of stable high-grade gold production and exploration potential in the region around Segilola and progress on our Dout
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Thor Explorations on track for commercial output at Segilola gold mine in third quarter this year
First gold was poured at the Segilola mine, post period end, on July 30, the company noted