Thor Explorations (“Thor”) has released an operational update for the company’s Segilola mine in Nigeria. Production for the quarter was 21.7koz (H&Pe 22.7koz), including 3.6koz released from the circuit. Thor also repaid US$7.9m of senior debt during the period, leaving a balance of US$7.9m. Guidance for the year has been maintained at 95koz-100koz. The focus for H2 should be the publication of the pre-feasibility study for the Douta project in Senegal, and exploration results from both the gol ....

16 Jul 2024
Thor Explorations: Q2 incrementally light, guidance maintained

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Thor Explorations: Q2 incrementally light, guidance maintained
Thor Explorations Ltd. (THX:LON) | 41.5 0.4 2.5% | Mkt Cap: 275.7m
- Published:
16 Jul 2024 -
Author:
Jonathan Guy -
Pages:
3 -
Thor Explorations (“Thor”) has released an operational update for the company’s Segilola mine in Nigeria. Production for the quarter was 21.7koz (H&Pe 22.7koz), including 3.6koz released from the circuit. Thor also repaid US$7.9m of senior debt during the period, leaving a balance of US$7.9m. Guidance for the year has been maintained at 95koz-100koz. The focus for H2 should be the publication of the pre-feasibility study for the Douta project in Senegal, and exploration results from both the gol ....