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Thor Explorations Ltd V.THX

Alternate Symbol(s):  THXPF

Metals & Mining Gold
Thor Explorations Ltd. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, development and production of mineral properties located in Nigeria, Senegal and Burkina Faso. It holds a 100% interest in the Segilola Gold Project located in Osun State, Nigeria and has a 70% economic interest in the Douta Gold Project located in south-eastern Senegal. The Company’s flagship project is the gold producing Segilola Gold Project located in Osun State, Nigeria, approximately 120 kilometers (km) northeast of Lagos. The Douta Gold Project is a gold exploration permit, E02038, which covers an area of approximately 58 square kilometers (km2) and is located within the Kenieba inlier, eastern Senegal. The Company also owns approximately 85% interest in the Douta-West Licence which lies contiguous to the Douta Gold Project and over 80% interest in the Sofita Licence located approximately 20 kilometers (kms) south of the Douta Gold Project.


TSXV:THX - Post by User

Thor Explorations Ltd > News out ! Commercial production is ON !!
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Post by Goldenboy1180on Oct 05, 2021 5:01am
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Post# 33965713

News out ! Commercial production is ON !!

News out ! Commercial production is ON !!At last !

I was getting a bit concerned by the lack of news feed vs what was expected to be released in September.

Anyway long story short, the company is at cruise speed and a tsunamy of cash flow is coming.

Rapid payback, and for sure some significant discoveries to come around (and at truckable distance) Segilola region and Douta project in Senegal !

Buckle up gents, this thing is gonna fly now !

"Mine Development

The mine is fully operational with approximately 90,000 tonnes of ore material mined to the end of the third quarter. In addition to this, two ore zones have been prepared for commencement of higher-grade direct tip operation in October."


https://www.londonstockexchange.com/news-article/THX/commercial-production-at-its-segilola-gold-mine/15160749

GLTYA

Goldenboy
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