Thor Explorations Announces Financial and Operating Results for the Three and Nine Months Ending September 30, 2023
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations", "Thor" or the "Company") is pleased to provide an operational and financial review for its Segilola Gold mine, located in Nigeria ("Segilola"), and for the Company's mineral exploration properties located in Nigeria and Senegal for three ("Q3 2023" or the "Period") and nine months to September 30, 2023.Financial Highlights of Q3 2023 and nine months to Sept 2023
2023-11-27 2:00 AM EST
Thor Explorations Announces Notice of Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") is pleased to announce that the Annual General meeting (the "AGM") will be held virtually on December 15, 2023, at 9:00 a.m. (Pacific time).The Notice of AGM, Financial Statements Request Form, Form of Proxy and Voting Instruction Form will be posted to shareholders today. Details of the resolutions for consideration, including the stated documents, are available at the following link:...
2023-11-16 5:14 AM EST
Thor Explorations Announces Q3 2023 Operating Update
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") is pleased to provide an operational update for the Segilola Gold Mine, located in Nigeria ("Segilola"), and for the Company's mineral exploration properties located in Nigeria, Senegal and Burkina Faso for the three months to September 30, 2023 (the "Quarter" or "Q3").HighlightsSegilola ProductionGold production of 19,104 ounces ("oz") during the Quarter at an average grade of 2.46 grammes per...
2023-10-17 7:34 AM EDT
Thor Explorations Announces Exercise of Share Options and Director Dealings
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") announces the exercise of share options ("Options") for a total of 750,000 common shares without par value at 14 Canadian Dollar cents per common share in the share capital of the Company ("New Shares"). The Options have been exercised by Company Director Mr Collin Ellison for total consideration of C$105,000. The New Shares will rank pari passu with the...
2023-09-28 12:43 PM EDT
Thor Explorations Announces Douta Gold Project Drilling Results
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor" or the "Company") is pleased to announce drill-intersections of significant gold mineralisation from the Makosa gold deposit ("Makosa") and the Sambara prospect at its Douta Gold Project, Senegal (the "Douta Project"). The Douta Gold Project encompasses the Makosa gold deposit which currently comprises a total resource of approximately 1.78 million ounces ("Moz") of gold ("Au") that consists of an indicated resource of 20.2...
2023-08-31 2:00 AM EDT
Thor Explorations Announces Financial and Operating Results for the Three and Six Months Ending June 30, 2023
Vancouver, British Columbia--(Newsfile Corp. - August 24, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations", "Thor" or the "Company") is pleased to provide an operational and financial review for its Segilola Gold mine, located in Nigeria ("Segilola"), and for the Company's mineral exploration properties located in Nigeria, Senegal and Burkina Faso for three ("Q2 2023" or the "Period") and six months to June 30, 2023 ("H1 2023").The Company's Consolidated Condensed Interim Financial Statements together with the notes...
2023-08-24 2:00 AM EDT
Initial Drilling Results from Thor's Lithium Prospects Return Significant Intersections of Mineralised Pegmatites
Vancouver, British Columbia--(Newsfile Corp. - August 16, 2023) - Thor Explorations Ltd (TSXV: THX) (AIM: THX), "Thor" or the "Company", is a West African-focussed minerals exploration and mining Company, that currently operates the Segilola Gold Mine in Nigeria and is advancing the Douta Gold Project in Senegal towards development.As part of its strategy of identifying high-value mineral resource opportunities, Thor, through its fully-owned subsidiary Newstar Minerals Ltd ("Newstar"), has acquired significant exploration tenure in south-west Nigeria that covers both known...
2023-08-16 1:00 AM EDT
Thor Explorations Announces Q2 2023 Operating Update
Vancouver, British Columbia--(Newsfile Corp. - July 12, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") is pleased to provide an operational update for the Segilola Gold mine, located in Nigeria ("Segilola"), and for the Company's mineral exploration properties located in Nigeria, Senegal and Burkina Faso for the three months to June 30, 2023 (the "Quarter" or "Q2").HighlightsSegilola ProductionGold production of 23,078 ounces ("oz") during the Quarter at an average grade of 2.99 grammes per...
2023-07-12 2:00 AM EDT
Exercise of Share Options and Director Dealings
Vancouver, British Columbia--(Newsfile Corp. - June 14, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") announces the exercise of share options ("Options") for a total of 7,900,000 common shares without par value at a price of 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 ("PDMR") per the table below, for an aggregate consideration of C$1,145,500. In...
2023-06-14 7:33 PM EDT
Thor Explorations Announces Exercise of Share Options and Director Dealings
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") announces the exercise of share options ("Options") for a total of 1,500,000 common shares without par value at 14.5 Canadian Dollar cents per common share in the share capital of the Company ("New Shares"). The Options have been exercised by Company Director Mr Folorunso Adeoye for total consideration of C$217,500. The New Shares will rank pari passu with the...
2023-06-06 2:00 AM EDT
Thor Explorations Announces Formation of Nigeria Focused Lithium Subsidiary with Acquisition of over 600km2 of Prospective Lithium Pegmatite Exploration Tenure
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2023) - Thor Explorations Ltd (TSXV: THX) (AIM: THX), "Thor", is a West African-focussed minerals exploration and mining Company, that currently operates the Segilola Gold Mine in Nigeria and is advancing the Douta Gold Project in Senegal towards development.As part of its strategy of identifying high-value mineral resource opportunities and leveraging its first mover advantage in Nigeria, Thor, through its fully-owned subsidiary Newstar Minerals Ltd, is pleased to announce the acquisition of significant...
2023-05-31 2:07 AM EDT
Thor Explorations Announces First Quarter 2023 Financial and Operating Results, for the Three Months Ending March 31, 2023
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations", "Thor" or the "Company") is pleased to provide an operational and financial review for its Segilola Gold mine, located in Nigeria ("Segilola"), and for the Company's mineral exploration properties located in Nigeria and Senegal for the three months to March 31, 2023 ("Q1 2023" or the "Period").The Company's Unaudited Consolidated Financial Statements together with the notes related thereto, as well as the...
2023-05-30 2:00 AM EDT
Thor Explorations Ltd. Announces Filing of NI 43-101 Independent Technical Report: Mineral Resource Estimate, Douta Gold Project, Senegal
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor" or the "Company") is pleased to announce that it has filed an Independent Technical Report: Mineral Resource Estimate prepared in accordance with National Instrument 43-101 ("NI 43-101") on the Douta Gold Project in Senegal.The filing of this technical report supports the disclosure made by the Company in its news releases of March 20th, 2023, titled "Thor Explorations announces updated Mineral Resource Estimate at...
2023-05-05 1:05 PM EDT
Thor Explorations Announces Audited Financial and Operating Results for the Full Year and Three Months Ending December 31, 2022
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations", "Thor" or the "Company") is pleased to provide an operational and financial review for its Segilola Gold mine, located in Nigeria ("Segilola"), and for the Company's mineral exploration properties located in Nigeria, Senegal and Burkina Faso for the three months ending December 31, 2022 ("Q4 2022") and the audited financial results for the year ending December 31, 2022 ("Year" or "FY 2022").The...
2023-05-02 2:00 AM EDT
Thor Explorations Announces Q1 2023 Operating Update
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") is pleased to provide an operational update for the Segilola Gold mine, located in Nigeria ("Segilola"), and for the Company's mineral exploration properties located in Nigeria, Senegal and Burkina Faso for the three months to March 31, 2023 (the "Quarter" or "Q1").HighlightsSegilola ProductionGold production of 20,629 ounces ("oz") during the Quarter at an average grade of 2.95 grammes per...
2023-04-17 2:00 AM EDT
Thor Explorations Announces Updated Mineral Resource Estimate at the Douta Gold Project, Senegal
NOT FOR DISSEMINATION IN THE UNITED STATES OR FORDISTRIBUTION TO U.S. WIRE SERVICESVancouver, British Columbia--(Newsfile Corp. - March 20, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor" or the "Company") is pleased to announce the results of an updated Mineral Resource Estimate (the "Douta Resource" or "2023 MRE") prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") for the Douta Gold Project in Senegal.HighlightsTotal Douta Resource of approximately 1.78 million ounces ("Moz")...
2023-03-20 4:08 AM EDT
Thor Explorations Announces Segilola Exploration Update
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor" or the "Company") is pleased to announce the initial drilling results from a reconnaissance drilling program that is currently underway at the Company's Western Prospects that are located approximately 15km to the west of the Company's wholly owned Segilola Gold Mine in Nigeria.Thor, is a West African focussed minerals exploration, development and mining company. In Nigeria, the Company recently brought the Segilola Gold Mine...
2023-02-27 2:00 AM EST
Amendment and Rescheduling of Senior Debt Facility
Vancouver, British Columbia--(Newsfile Corp. - February 2, 2023) - Thor Explorations Ltd. (TSXV: THX) ("Thor" or the "Company") is pleased to announce that is has amended and restated the terms of the balance of its senior debt facility held with Africa Finance Corporation (the "AFC").BackgroundOn 15 April 2020, the Company's wholly owned subsidiary Segilola Resources Operating Limited ("SROL") and the AFC (together the "Parties") entered into a USD54 million senior debt facility (the "Project Facility") for the construction of the...
2023-02-02 2:00 AM EST
Thor Explorations Announces Q4 2022 Operating Update and 2023 Operating Guidance
Vancouver, British Columbia--(Newsfile Corp. - January 10, 2023) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") is pleased to provide an operational update for the Segilola Gold mine, located in Nigeria ("Segilola"), and for the Company's mineral exploration properties located in Nigeria, Senegal and Burkina Faso for the three months to December 31, 2022 (the "Quarter" or "Q4") as well as full year operational highlights ("FY 2022").Segilola 2022 Operational HighlightsGold production at the top end...
2023-01-10 2:00 AM EST
Thor Explorations Returns Significant Gold Grades and Widths from Latest Drilling Intersections at The Douta Gold Project, Senegal
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2022) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor" or the "Company") is pleased to announce drill-intersections of significant gold mineralisation from the Makosa gold deposit ("Makosa") at its Douta Gold Project, Senegal (the "Douta Project"). The Douta Gold Project encompasses the Makosa gold deposit which currently comprises an Inferred Resource of 730,000 ounces of gold, grading at 1.53 grams per ton ("g/t"), as announced in its maiden Mineral Resource Estimate ("MRE")...
2022-12-20 2:00 AM EST