(Alliance News) - Thor Explorations Ltd said on Wednesday that it has completed the acquisition of two gold licences in southeastern Senegal neighbouring its wholly owned Douta gold project. Read More
Thor Explorations Ltd - Vancouver, British Columbia-based mineral exploration company - Reports gold 2023 gold production of 84,609 ounces, and 21,798 oz during the final quarter of the year, at an average grade of 2.77 grammes per tonne. Back in November, Thor Explorations reported that it expected gold production targets of around 85,000 ounces for the full-year. Looking ahead, sets 2024 production guidance range at 95,000 to 100,000 oz of gold. Chief Executive Officer Segun Lawson says: "We are also pleased with the progress made at Douta. We were encouraged by the final set of drill results received in [the fourth quarter of] 2023 and have been working on the preliminary feasibility study. The current focus has been on the metallurgy and the process flowsheet, and we expect to update the market with an updated resource estimate and, subsequently, a preliminary feasibility study in [the first quarter of] 2024." Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Thor Explorations Ltd - Vancouver, British Columbia-based mineral exploration company - Provides operational update for the Segilola gold mine in Nigeria and for the mineral exploration properties in Nigeria, Senegal and Burkina Faso for the three months to September 30. Reports Segilola gold production of 19,104 ounces at an average grade of 2.46 grammes per tonne of gold. Explains the focus of exploration activities is within a 25 kilometre radius from the Segilola operations. Continues reverse circulation drilling, stream sediment sampling and grid auger sampling at the Kola prospect, and diamond drilling at the at Aye-Ile prospect, near Segilola. At the Douta project, says pre-feasibility study workstreams are ongoing, targeting publication by the end of 2023. Read More
Thor Explorations - Vancouver, British Columbia-based mineral exploration company - Finds 23.35 grams of gold per tonne from Makosa Tail drillhole DTRC807 from the Makosa gold deposit in Senegal, part of the Douta gold project. Chief Executive Officer Segun Lawson says: "We are pleased to announce further encouraging drilling results from Thor's Douta project in Senegal. The main purpose of the drilling has been to advance the project towards development by upgrading more of the resource to indicated classification and also to commence detailed metallurgical test work that is focussed on achieving the most suitable and efficient ore treatment and extraction process." Read More
(Alliance News) - Thor Explorations Ltd on Thursday reported lower gold production in the first half of 2023, but announced growth in profit and lower operating costs. Read More
(Alliance News) - Thor Explorations Ltd on Wednesday said initial drilling results from its lithium prospects in Nigeria have returned "significant" intersections of mineralised pegmatites. Read More
(Alliance News) - Thor Explorations Ltd on Wednesday said gold production at the Segilola gold mine in Nigeria ticked down in the second quarter, while it acquired a tenure in Nigeria which covers known lithium deposits. Read More
Thor Explorations Ltd - Vancouver, Canada-based mineral exploration company with interests in Nigeria, Senegal and Burkina Faso - Announces acquisition by newly-formed Nigeria subsidiary Newstar Minerals Ltd of over 600 kilometres squared of granted tenure covering two known lithium bearing pegmatite deposits and one large unexplored prospective pegmatite-rich belt. Tenure comprises West Oyo, Kwara State and Ekiti State lithium project areas in south-west Nigeria "within close proximity" to Lagos and Cotonou. Company aims to develop its first large-scale lithium mine without selling down ownership positions or dilute existing shareholders. It also will continue to prioritise explorations at Segilola gold mine, also in Nigeria. Read More
(Alliance News) - Thor Explorations Ltd on Tuesday said revenue surged in the first quarter despite its expectation of a difficult period. Read More
(Alliance News) - Thor Explorations Ltd on Tuesday said it swung to a substantial profit in 2022 following a loss in 2021, despite much higher costs and with a massive increase in revenue. Read More
Thor Explorations Ltd - mineral exploration company focused on developing assets in Nigeria, Senegal and Burkina Faso - For the three months ended on March 31, gold production at Segilola Production totals 20,629 ounces, at an average grade of 2.95 grammes per tonne. Looking ahead, for 2023, production guidance range remains at 85,000 to 95,000 ounces of gold, weighted towards the second half of the year. Identifies new high grade quartz vein system within 15 kilometres of Segilola Near-Mine exploration with multiple high grade drillhole intercepts. Says drilling is ongoing at Douta with a further 40,000 metre drilling programme to be completed in 2023. Read More
(Alliance News) - Thor Explorations Ltd on Monday announced an improved mineral resource estimate for its Douta gold project in Senegal. Read More
(Alliance News) - Thor Explorations Ltd on Monday said initial drilling results from a reconnaissance programme found high-grade gold intersects near the Segilola mine in Nigeria. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Corrects that Zenith Energy is based in Canada, not in Scotland.) Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More