Thor Explorations (TSE:THX) has released an update.
Thor Explorations Ltd. reported robust Q2 2024 operational results for its Segilola Gold Mine in Nigeria, with 21,742 ounces of gold poured and significant improvements in process plant efficiency post-upgrade. The company’s exploration activities in Nigeria and Senegal are progressing well, including the start of a 15,000-meter drilling program in Senegal with promising initial results. Thor Explorations also remains on track to fully repay its senior debt facility by year-end, maintaining its 2024 production guidance and continuing its strategic acquisition of prospective lithium tenure in Nigeria.
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