Thor Explorations Ltd. (THXPF)
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Thor Explorations third quarter boosted amid higher production
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has reported higher production and stronger financial results for the third quarter of 2025, supported by improved throughput at its Segilola gold mine in Nigeria. The company said it sold 19,650 ounces of gold at an average price of $3,535 per ounce, generating revenue of $69.9 million and a net profit of $43.1 million.
Thor Explorations stays on track as Q3 gold output hits 22,600 oz
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) reported steady third-quarter production at its Segilola gold mine in Nigeria and reaffirmed its full-year guidance, as it prepares to pay its next quarterly dividend. For the three months to September 30, the London- and Toronto-listed miner poured 22,617 ounces of gold and sold 19,650 ounces at an average price of US$3,535 an ounce, generating US$69.5 million in revenue.
Thor Explorations shares rise on latest upbeat results from Guitry gold project
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) shares climbed in Monday morning's trade, after announcing final drilling results from its maiden campaign at the Guitry gold project, in Côte d'Ivoire, where it sees several significant gold intersections. The explorer also confirmed mineralisation remains open along strike and at depth.
Thor Explorations unearths deeper high grade gold
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) told investors it has unearthed high-grade gold intersects from a deep diamond drilling program at the Segilola gold mine, in Nigeria. "We are delighted to report continued positive progress from our deep diamond drilling program at Segilola, which has generated several significant gold intersections below the current open pit design," said chief executive Segun Lawson.
Thor Explorations sees record revenue quarter
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) reported record revenue and profit for its second quarter. In the three month period it sold 25,900 ounces of gold at an average price of US$3,187/oz.
Thor Explorations reports promising maiden drill results at Guitry gold project in Côte d'Ivoire
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has released encouraging initial results from its first drilling campaign at the Guitry gold project in Côte d'Ivoire, confirming both near-surface and deeper gold mineralisation across multiple targets. The company, which holds a 100% interest in Guitry, completed a 3,000 metre reverse circulation drilling programme in May and June.
Thor Explorations reports solid gold output and maintains 2025 guidance
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has delivered a solid operational update from the Segilola mine in Nigeria for the second quarter, alongside a progress report on its assets in Senegal and Côte d'Ivoire. Between April and June, the company poured just under 23,000 ounces of gold.
Thor Explorations: Potential For Further Growth With Strong 2025 Catalysts
Gold mining company with key explorations updates to be made in 2025. Currently undervalued by the market (35-45% upside) with catalysts in 2025 to change investor outlook. Strong macroeconomics environment for growth alongside a leadership team with a track record of diligent execution.
Thor Explorations reports strong first quarter
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has reported a strong first quarter performance, driven by continued cost discipline and gold prices. The miner revenue of US$64 million for the first quarter of 2025, selling 22,750 ounces of gold at an average price of US$2,720 per ounce.
Thor Exploration quietly delivering, says research house
In a market where small-cap miners often struggle to stand out, Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has delivered a quietly impressive start to 2025, and investors would do well to take notice. The gold producer posted first-quarter output of 22,790 ounces from its Segilola mine in Nigeria, modestly ahead of expectations.
Thor Explorations sold 22,750 ounces and unwound hedges in first quarter
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) reported gold sales of 22,750 ounces in the first quarter of 2025, generating US$61.9 million of revenue. It saw a realised gold price of US$2,720 per ounce – and, against a backdrop of soaring gold prices, the miner unwound all its hedges.
Thor Explorations shares rise strongly as the gold miner declares maiden dividend
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) shares started higher as the gold miner reported record revenue and net profit for 2024, and declared its maiden dividend. Revenue rose to $193.13 million, from $141.25 million in the previous year, with some 84,965 ounces of gold sold at an average realised price of $2,288 per ounce.
