Thor Explor Share News (THX)

Thor Explorations swings to profit as Segilola mine goes in production

(Alliance News) - Thor Explorations Ltd on Tuesday said it swung to a substantial profit in 2022 following a loss in 2021, despite much higher costs and with a massive increase in revenue.

IN BRIEF: Thor Explorations backs annual gold production guidance

Thor Explorations Ltd - mineral exploration company focused on developing assets in Nigeria, Senegal and Burkina Faso - For the three months ended on March 31, gold production at Segilola Production totals 20,629 ounces, at an average grade of 2.95 grammes per tonne. Looking ahead, for 2023, production guidance range remains at 85,000 to 95,000 ounces of gold, weighted towards the second half of the year. Identifies new high grade quartz vein system within 15 kilometres of Segilola Near-Mine exploration with multiple high grade drillhole intercepts. Says drilling is ongoing at Douta with a further 40,000 metre drilling programme to be completed in 2023.

Thor Explorations mineral resource estimate in Senegal doubles

(Alliance News) - Thor Explorations Ltd on Monday announced an improved mineral resource estimate for its Douta gold project in Senegal.

Thor Explorations finds high-grade gold intersects at Nigeria mine

(Alliance News) - Thor Explorations Ltd on Monday said initial drilling results from a reconnaissance programme found high-grade gold intersects near the Segilola mine in Nigeria.

TRADING UPDATES: Altona extends repayment; Kefi advances Saudi Arabia

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

CORRECT: Getech signs deal; AfriTin confirms name change

(Corrects that Zenith Energy is based in Canada, not in Scotland.)

TRADING UPDATES: Getech signs deal; AfriTin confirms name change

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

TRADING UPDATES: Predator buys majority in Cory Moruga; Thor tips gold

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Scholium profit grows; Honye Financial loss narrows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

TRADING UPDATES: Aterian appoints CFO; Marwyn Value gets tax refund

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

CORRECT: Thor Explorations hails drilling results at Douta project

(Correcting company name is Thor Explorations Ltd, not Thor Mining, and company description.)

Thor Mining shares lifted by drilling results at Douta Gold project

(Alliance News) - Thor Mining Ltd shares rose on Monday, after it revealed "encouraging" drilling results at the Douta Gold project.

TRADING UPDATES: Thor Explorations, Zenith Energy post swing to profit

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

IN BRIEF: Thor Explorations gold production rises in second quarter

Thor Explorations Ltd - Vancouver-based mineral explorer with assets in west Africa - For the second quarter of 2022, produces 23,785 ounces of gold, compared to 21,343 ounces the quarter before, while also commissioning several compressed natural gas generators.