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Thor Explorations Reports Record Q1 2025 Results and Advances Exploration

Story Highlights
  • Thor Explorations reported a record net income of US$34.4 million for Q1 2025.
  • The company made significant exploration progress across its portfolio, including at Segilola and Douta.
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Thor Explorations Reports Record Q1 2025 Results and Advances Exploration

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An update from Thor Explorations ( (TSE:THX) ) is now available.

Thor Explorations Ltd. announced its first quarter 2025 financial and operational results, highlighting a record net income of US$34.4 million, driven by strong gold production and sales from its Segilola Gold Mine in Nigeria. The company reported significant progress in its exploration activities across its portfolio, including ongoing drilling at Segilola and promising developments at the Douta Gold Project in Senegal. The company aims to continue advancing its exploration programs and further develop its projects towards pre-feasibility studies.

More about Thor Explorations

Thor Explorations Ltd. is a mining company focused on the exploration and production of gold. The company operates primarily in Nigeria, Senegal, and Côte d’Ivoire, with its flagship project being the Segilola Gold Mine in Nigeria. Thor Explorations is listed on the TSX Venture Exchange and AIM under the symbol THX.

For an in-depth examination of THX stock, go to TipRanks’ Stock Analysis page.

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