Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) delivered record revenue of $82.5 million in the second quarter as it sold nearly 26,000 ounces of gold at Segilola in Nigeria. Costs remain low, and it expects to produce up to 95,000 ounces this year.
Great Southern Copper PLC (LSE:GSCU) has uncovered a 2.5-kilometre anomaly at its Cerro Negro project in Chile. The survey points to potential copper and silver extensions, with more data coming soon to guide the next drilling phase.
Ariana Resources PLC (AIM:AAU) plans to kick off gold production at its Tavsan mine in Turkey by late July. Heap-leach pads and equipment are ready, with ore stockpiled and final government inspections underway.
Georgina Energy PLC (LSE:GEX) got the green light for its well management plan at the Hussar project in Australia. It still needs environmental approvals before starting site work like building drilling pads and upgrading the airstrip.
Valereum PLC (AQSE:VLRM) has signed an agreement with First Class Metals to explore using blockchain to create digital tokens backed by real mineral assets. The idea is to help fund Canadian projects without issuing new shares, making investments more liquid and accessible.
Arecor Therapeutics PLC (AIM:AREC) has formed a scientific advisory board to tackle the challenge of making peptide drugs work orally. The board includes experts from Dublin, Bath, and Australia to guide development of easier-to-take medicines.
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