Thor Explorations Ltd. is pleased to announce initial drilling results from both the newly discovered Sambara Prospect together with continued encouraging results from the Makosa gold deposit at its Douta Gold Project, Senegal . The Douta Gold Project currently encompasses the Makosa gold deposit which currently comprises an Inferred Resource of 730,000 ounces of gold as announced in its maiden Mineral Resource Estimate [...]
This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 . Upon the publication of this Announcement, this inside information is now considered to be in the public domain. Thor Explorations Ltd. is pleased to provide an operational and financial review for its mineral properties located in Nigeria, Senegal and Burkina Faso for the three and six months to June 30 [...]
Thor Explorations Ltd. is pleased to provide an operational update for its Segilola Gold Mine located in Nigeria for the three months to June 30, 2022 . Operational Highlights Period: 23,785 ounces of gold produced Commissioning of Compressed Natural Gas generators Zero Lost Time Injuries Senior Debt Facility tranche of US$14.5million paid reducing Senior Debt Facility to US$38million Outlook: Guidance for Q3 2022 is [...]
Thor Explorations Ltd. announces that Adrian Coates, Non-Executive Chairman, and Ben Hodges, outgoing Chief Financial Officer, have both carried out "Bed and ISA" transactions, having transferred 110,925 and 110,926 Common Shares respectively from their share dealing accounts into ISA accounts. The beneficial holding of Mr Coates and Mr Hodges remain unchanged following this transaction. Mr Coates retains a beneficial [...]
This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 . Upon the publication of this Announcement, this inside information is now considered to be in the public domain. Thor Explorations Ltd. is pleased to provide an operational and financial review for its mineral properties located in Nigeria, Senegal and Burkina Faso for the three months to March 31, 2022 [...]
Thor Explorations Ltd. is pleased to provide an interim operational update for the first quarter ended March 31, 2022 . Q1 2022 Highlights 7,220 ounces produced in March and 21,343 ounces produced in Q1 2022 Recovery in March averaged 95.1% with average recovery during the period being 94.1% 16,658 ounces of gold and 922 ounces of silver sold with exports occurring regularly throughout the period Guidance for Q2 2022 is [...]
Thor Explorations Ltd. is pleased to report that operations at its 100% owned Segilola Gold Mine in Nigeria continued to perform at budget and above design capacity without any unplanned stoppages in the month of February. Total gold production for the month was 7,082 ounces with regular gold exports occurring throughout. The Segilola process plant is now running continuously above the design mill throughput, with 74,908 [...]
Thor Explorations Ltd. announces that Mr. Adrian Coates, Non-Executive Chairman, has carried out a "Bed and ISA" transaction, having transferred 125,000 Common Shares from his share dealing account to his ISA on 2 March 2022. The beneficial holding of Mr. Coates is unchanged following this transaction and Mr. Coates remains beneficially interested in 1,350,000 Common Shares representing approximately 0.21% of the total [...]
Thor Explorations Ltd. is pleased to announce the commencement of the 2022 exploration campaign at the Douta Gold Project in Senegal . The Douta Gold Project encompasses the Makosa Gold Deposit which currently comprises an Inferred Resource of 730,000 ounces of gold as announced in its maiden Mineral Resource Estimate published on 18 November 2021. A comprehensive exploration program, that commences with a first phase of [...]
Thor Explorations Ltd. announces the exercise of share options for a total of 9,539,000 common shares without par value at prices of 12 and 14.5 Canadian Dollar cents per common share in the share capital of the Company . The Options have been exercised by Directors and Persons Discharging Managerial Responsibilities per the table below, for an aggregate consideration of C$1,151,905. The New Shares will rank pari passu [...]
This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 . Upon the publication of this Announcement, this inside information is now considered to be in the public domain. Thor Explorations Ltd. is pleased to provide an operational update and outlook for the full year of 2022. Operational Update The Company is pleased to confirm that supply chain issues reported in [...]
Thor Explorations Ltd. announces that at the Annual General Meeting of the Company held at 9.00 a.m. on December 17, 2021, all of the resolutions were duly passed. For further information please contact: Thor Explorations Ltd. Email: info@thorexpl.com Canaccord Genuity Henry Fitzgerald-O'Connor / James Asensio / Thomas Diehl Tel: +44 20 7523 8000 Hannam & Partners Andrew Chubb / Matt Hasson / Nilesh Patel / Franck Nganou [...]