Thor Explorations Announces Commercial Production at Its Segilola Gold Mine in Nigeria
Vancouver, British Columbia--(Newsfile Corp. - October 5, 2021) - Thor Explorations Ltd. (TSXV: THX) ("Thor Explorations" or the "Company") 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 2021The 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 annumMine DevelopmentThe mine is fully operational with...
2021-10-05 2:06 AM EDT
Thor Explorations Announces Exercise of Warrants
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2021) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") 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 ("New Shares") 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...
2021-09-21 6:48 AM EDT
Thor Explorations Announces Second Quarter 2021 Financial and Operating Results for the Three and Six Months Ended June 30, 2021
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2021) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") 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 2021 ("Q2 2021") (altogether the "Period"). The Company's Condensed Consolidated Interim Financial Statements together with the notes related thereto, as well as the Management's Discussion and Analysis for the three...
2021-08-31 2:00 AM EDT
Robust Drill Intersections Returned from Makosa North Prospect at the Douta Gold Project, Senegal
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2021) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor" or the "Company") 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 NorthDrillhole DTRC29615m at 2.42g/tAu from 65m...
2021-08-12 2:00 AM EDT
New Makosa "Bridge" Mineralisation at the Douta Gold Project, Senegal
Vancouver, British Columbia--(Newsfile Corp. - August 9, 2021) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor" or the "Company") 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...
2021-08-09 2:00 AM EDT
Thor Explorations Announces First Gold Pour at Its Segilola Gold Mine in Nigeria
Vancouver, British Columbia--(Newsfile Corp. - July 30, 2021) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") 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...
2021-07-30 5:12 AM EDT
Thor Explorations: Successful Turning of the Mills and Commencement of the Commissioning of the Segilola Gold Plant
Vancouver, British Columbia--(Newsfile Corp. - July 19, 2021) - Thor Explorations Ltd. (TSXV: THX) ("Thor Explorations" or the "Company") is pleased to announce it has commenced the commissioning of its gold processing plant ("Process Plant") following the successful turning of the mills at its 100% owned Segilola Gold Project ("Segilola" or the "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,...
2021-07-19 2:00 AM EDT
Thor Explorations Announces Exercise of Share Options and PDMR Dealing
Vancouver, British Columbia--(Newsfile Corp. - July 6, 2021) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") 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 ("New Shares") 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...
2021-07-06 2:00 AM EDT
Thor Explorations Announces Its Admission to Trading on AIM & First Day of Dealings
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2021) - Thor Explorations Ltd. (TSXV: THX) ("Thor Explorations" or the "Company") is pleased to announce the admission of its Common Shares ("Common Shares") to trading on the AIM Market of the London Stock Exchange ("AIM") ("Admission"). 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 (the "Admission Document") was published...
2021-06-22 2:00 AM EDT
Thor Announces Exercise of Warrants
Vancouver, British Columbia--(Newsfile Corp. - June 14, 2021) - Thor Explorations Ltd. (TSXV: THX) ("Thor" or the "Company") announces that Sprott Capital Partners has exercised all of its 1,664,534 broker warrants at $0.18 each. Following the warrant exercise the Company now has 623,070,509 Common Shares on issue. The Common Shares issued pursuant to the exercise of options will be subject to a four month and one day holding period expiring on October 9, 2021. About ThorThor Explorations Ltd. is a...
2021-06-14 10:11 AM EDT