Thor Explorations Ltd. (THXPF)
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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.
Thor Explorations unearthed new gold discoveries - ICYMI
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) earlier this week said it had made a new gold discovery at its Douta West licence in Senegal. The company told investors that it had drilled two new discovery holes in the newly acquired licence area.
Thor Explorations says Osun fact-finding report confirms it complied with obligations
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) told investors that a final report, in relation to its dispute with Nigeria's Osun State Government, has confirmed that it has complied with its legal and regulatory obligations. The report, by an ‘Inter-Ministerial Fact-Finding Committee', also confirmed that allegations of wrongdoing were unfounded, Thor added.
Thor Explorations unearths new gold discovery at Douta project
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has unearthed a new gold discovery, within its Douta-West licence. Initial drilling at the Douta gold project in Senegal – testing the Baraka 3 prospect – returned highlight assays of 2.46 grams per tonne over 19 metres, and 1.31 g/t over 26 metres.
Thor Explorations welcomes new board member
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has announced the appointment of Franklin Edochie to its board of directors. Edochie is the head of metals and mining at the Africa Finance Corporation.
Thor Explorations starting to get recognition for potential
Gold producers should be doing well with the price of the precious metal within touching distance of its all-time high. Thor Explorations has had some bumps in the road in the past twelve months, but a share price nudging towards its high for the year suggests the Nigerian-based gold miner is back on track and taking full advantage.
