Thor Explorations Ltd. announces that Mr Ben Hodges, Chief Financial Officer and Group Secretary, and a PDMR, has carried out a "Bed and ISA" transaction, having transferred 128,000 Common Shares from his share dealing account to his ISA on 14 December 2021. The beneficial holding of Mr Hodges is unchanged following this transaction and Mr Hodges remains beneficially interested in 210,000 Common Shares representing [...]
Thor Explorations Ltd. is pleased to announce an initial NI 43-101 standard Maiden Mineral Resource Estimate for the Makosa Deposit which is located in the southern portion of the Douta Gold Project in Senegal. Highlights: Maiden Resource Estimate for Douta Project is supported by a total of 35,728 metres of drilling Maiden Resource of 730,000 ounces of gold grading at 1.5g/tAu Mineralisation at Makosa remains open along [...]
Thor Explorations Ltd. is pleased to announce commercial production has been achieved at its wholly owned Segilola Gold Mine located in Osun State, Nigeria. Highlights: First Gold poured in July 2021 The mine is fully operational and operating at the target daily mine production rate The process plant is operating in-line with its design throughput capacity of 715,000 tonnes per annum Mine Development The mine is fully [...]
Thor Explorations Ltd. announces the exercise of warrants for 8,287,500 common shares without par value at a price of C$0.28 per common share in the share capital of the Company for an aggregate consideration to the Company of C$2,320,500. The New Shares will rank pari passu with the existing shares and application has been made for the 8,287,500 New Shares to be admitted to trading on AIM on 24 September 2021. The New [...]
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 30 June [...]
Thor Explorations Ltd. is pleased to announce further drilling results from the northern extensions of the Makosa mineralised trend at its Douta Project, Senegal. Wide-spaced exploratory drill sections were completed over a 1,300m northern extension beyond the last line of drilling. Results received to date indicate that gold mineralisation continues to the north and remains open-ended. Highlights include: Makosa North [...]
Thor Explorations Ltd. is pleased to announce further drilling results from the southern Makosa Tail and Makosa Bridge prospects at its Douta Project, Senegal. Wide-spaced exploratory drill sections were completed over a 1,600m previously untested gap between Makosa to the north and Makosa Tail to the south. This zone is referred to as Makosa Bridge. Results received to date indicate that gold mineralisation is developed [...]
Vox Royalty Corp. is pleased to note the announcement by Thor Explorations Ltd. that on July 30, 2021, Thor completed its first gold pour from its Segilola Gold Mine in Nigeria. Simon Cooper, Executive Vice President of Corporate Development stated: "We are thrilled to share this major milestone from Segilola with Vox shareholders. Based on production guidance from Thor, we expect that this royalty has the potential to [...]
This Announcement Contains Inside Information Thor Explorations Ltd. is pleased to announce the first gold pour from its Segilola Gold Mine located in Osun State, Nigeria. The pour took place this morning, July 30, 2021. The process plant ramp up will continue over the next six weeks with commercial production targeted for September 2021. At commercial production, the plant will run at a processing rate of 715,000 tonnes [...]
Thor Explorations Ltd. is pleased to announce it has commenced the commissioning of its gold processing plant following the successful turning of the mills at its 100% owned Segilola Gold Project in Nigeria. Remaining work is focused primarily on the gold room, elution and electrowinning circuit, power connection, instrumentation and control installations. The Process Plant is being commissioned in phases, with [...]
Thor Explorations Ltd. announces the exercise of share options for 500,000 common shares without par value at a price of 12 cents per common share in the share capital of the Company by Alfred Gillman, Group Exploration Manager and PDMR, for an aggregate consideration of $60,000. The New Shares will rank pari passu with the existing shares and application has been made for the 500,000 New Shares to be admitted to trading [...]
Thor Explorations Ltd. is pleased to announce the admission of its Common Shares to trading on the AIM Market of the London Stock Exchange. Dealings will commence at 08:00am BST today, Tuesday, 22 June 2021, under the ticker "THX" (ISIN: CA8851491040) and with an expected market capitalisation of circa. £127 million. The Company's AIM admission document was published on 16 June 2021 and is available to view on its website [...]
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