Thor Explorations Ltd. , "Thor" or the "Company"), is a West African-focussed minerals exploration and mining Company, currently producing gold from its wholly owned Segilola Gold Mine in Nigeria and is advancing its Douta Gold Project in Senegal towards development. Thor is pleased to announce the first set of results from an initial drilling programme that targets the down-plunge potential beneath the current open pit [...]
Thor Explorations Ltd. issues the following statement, following further to its news release dated 30 September 2024, in response to additional press commentary. On Monday 30th September, the representatives of Osun State served a notice to Segilola Resources Operating Limited from a state magistrates court to seal the Segilola Mine site over unpaid outstanding taxes amounting to N98,347,105 . SROL has now paid the full [...]
Thor Explorations Ltd. issues the following statement regarding false claims and allegations, reported in the press, by Special Advisers of the Osun State Government, Nigeria. The allegations contain gross inaccuracies and false claims about Thor's wholly owned subsidiary, Segilola Resources Operating Limited , regarding tax evasion and unethical business practices. Thor Explorations fully rejects all the allegations and [...]
Thor Explorations Ltd. announces that Adrian Coates, Non-Executive Chairman, has carried out "Bed and ISA" transactions, having transferred 105,000 Common Shares respectively from his share dealing account into his ISA account. The beneficial holding of Mr Coates remains unchanged following this transaction. Mr Coates retains a beneficial interest in 1,800,838 Common Shares representing approximately 0.27% of the total [...]
Thor Explorations Ltd. is pleased to announce that it has expanded its operations into Cote d'Ivoire following the signing of a binding sale and purchase agreement with Endeavour Mining Corporation to acquire a 100% interest in the Guitry Gold Exploration Project . The acquisition will be subject to the completion of certain conditions precedent including final approval of the Minister of Mines. The total consideration [...]
Thor Explorations Ltd. is pleased to announce the latest set of drilling results from its 2024 drilling programme at the Douta Gold Project, Senegal . The drill-intersections of significant gold mineralisation are from the Makosa East Prospect , a more recently discovered prospect which runs 300 metres parallel to the east of the previously defined Makosa deposit. The Douta Gold Project encompasses the Makosa gold deposit [...]
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 Segilola Gold mine, located in Nigeria , and for the Company's mineral exploration properties located in [...]
Thor Explorations Ltd. announces the appointment of BDO LLP as its independent auditor for the financial year ending December 31, 2024. The Company has completed the onboarding process of BDO Canada LLP. The Company's change in auditor follows a mandatory requirement of the resignation of BDO LLP, due solely to a British Columbia regulatory requirement for the Company to have a British Columbia registered auditor. The [...]
Thor Explorations Ltd. is pleased to provide an operational update for the Segilola Gold mine, located in Nigeria , and for the Company's mineral exploration properties located in Nigeria and Senegal, for the three months to June 30, 2024 . Segilola Q2 2024 Operational Highlights Gold poured of 21,742 ounces Produced from 174,000 tonnes milled at an improved average grade of 3.42 grammes per tonne of gold Mine production [...]
Thor Explorations Ltd. is pleased to announce the first set of drilling results from its 2024 drilling programme at the Douta Gold Project, Senegal . The drill-intersections of significant gold mineralisation are from the Makosa East Prospect where the programme commenced. The Douta Gold Project encompasses the Makosa gold deposit which currently comprises a total resource of approximately 1.78 million ounces of gold that [...]
Thor Explorations Ltd. announces that Mr Chris Omo-Osagie, Chief Financial Officer, purchased 100,000 Common Shares in the Company on June 10, 2024. The beneficial holding of Mr Omo-Osagie following this transaction represents approximately 0.015% of the total issued share capital in the Company. For further information please contact: Thor Explorations Ltd. Email: info@thorexpl.com Canaccord Genuity Henry [...]
Thor Explorations Ltd. is pleased to provide an operational and financial review for its Segilola Gold mine, located in Nigeria , and for the Company's mineral exploration properties located in Nigeria and Senegal for the three months to March 31, 2024 . The Company's Unaudited Condensed Interim Consolidated Financial Statements together with the notes related thereto, as well as the Management's Discussion and Analysis [...]
