Thor Explorations Ltd. announces the exercise of share 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 . 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 [...]
Thor Explorations Ltd. , "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 [...]
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, 2023 . The Company's Unaudited Consolidated Financial Statements together with the notes related [...]
Thor Explorations Ltd. is pleased to announce that it has filed an Independent Technical Report: Mineral Resource Estimate prepared in accordance with National Instrument 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 [...]
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 [...]
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 for the Segilola Gold mine, located in Nigeria , and [...]
Thor Explorations Ltd. is pleased to announce the results of an updated Mineral Resource Estimate prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects for the Douta Gold Project in Senegal. Highlights Total Douta Resource of approximately 1.78 million ounces of gold , an increase of 144% in total [...]
High grade intersects including 10 ounces of gold per ton at near-mine exploration area 15km west of Segilola Thor Explorations Ltd. 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 [...]
Thor Explorations Ltd. 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 . Background On 15 April 2020, the Company's wholly owned subsidiary Segilola Resources Operating Limited and the AFC entered into a USD54 million senior debt facility for the [...]
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 for the Segilola Gold mine, located in Nigeria , and [...]
Thor Explorations Ltd. is pleased to announce drill-intersections of significant gold mineralisation from the Makosa gold deposit at its Douta Gold Project, Senegal . 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 , as announced in [...]
Thor Explorations Ltd. announces the exercise of share options for 400,000 common shares without par value at a price of 14.5 Canadian Dollar cents per common share in the share capital of the Company , for an aggregate consideration of $58,000. The New Shares will rank pari passu with the existing shares and application has been made for the [...]