Thor Explorations Ltd.
Other OTCCapital Structure
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in mil. unless spec.Company Description
- CEO
- Olusegun Lawson
- Full Time Employees
- 80
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 550 Burrard Street Vancouver BC Canada V6C 0A3
- IPO Date
- Jan 29, 2021
- Website
- thorexpl.com
- Similar Companies
- Business
- Thor Explorations Ltd. is a Canadian mineral exploration and gold production company focused on West Africa, operating the Segilola Gold Project in Nigeria; advancing the Douta Gold Project in Senegal; and exploring the Guitry Gold Project and option agreements for up to 80% interests in the Marahui and Boundiali licences in Côte d'Ivoire. The company holds a 100% interest in the producing Segilola Gold Mine in Osun State, Nigeria, Nigeria's first commercial-scale gold mine which produced 85,057 ounces in 2024 with 2025 guidance of 85,000-95,000 ounces based on probable reserves of 517,800 ounces at 4.02 g/t Au; a 100% interest in the Douta Gold Project featuring a 1.78 million ounce resource and ongoing preliminary feasibility study supported by high-grade drilling at prospects including Baraka 3; and early-stage gold and lithium exploration assets across over 1,300 km2 in Nigeria, Senegal, and Côte d'Ivoire targeting artisanal gold zones and battery metals. Founded in 1968 and headquartered in Vancouver, British Columbia, Thor trades on the TSX Venture Exchange (THX) and AIM (THX). Recent developments include increasing its stake to 100% in the Douta Project via acquisition of the remaining 30% economic interest from joint venture partner International Mining Company SARL in September 2025; completing the acquisition of the contiguous Bousankhoba exploration permit in southeast Senegal; reporting positive drilling results from Guitry in Côte d'Ivoire including the initial campaign's significant intersections in October 2025; and advancing near-mine and regional exploration at Segilola with high-grade underground mineralisation confirmations.
Company News
Thor Explorations Ltd. (THX:CA) Q2 2026 Earnings Call Transcript
Thor Explorations delivers record first-half profit as strong gold price drives earnings
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Thor Explorations hits high-grade gold below Segilola pit as underground study advances
Thor Explorations hits high-grade gold below Segilola pit as underground study advances
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Thor Explorations confirms its on track as it updates on Q2
Thor Explorations confirms its on track as it updates on Q2
Thor Explorations Ltd. (THX:CA) Q1 2026 Earnings Call Transcript
Thor Explorations higher after it delivers strong first quarter, supported by higher gold prices
Thor Explorations delivers strong first quarter, supported by higher gold prices
Thor Explorations delivers strong first quarter, supported by higher gold prices
Thor Explorations Announces First Quarter 2026 Financial and Operating Results, for the Three Months Ending March 31, 2026
FTSE 100 Live: London stocks climb as miners, banks and Babcock rise
Thor Explorations expands gold footprint at Douta project
Thor Explorations expands gold footprint at Douta project
Thor Explorations Announces High-Grade Exploration Results Confirm Expanding Gold Footprint at the Douta Project, Senegal
FTSE 100 Live: London stocks slip as banks and Vodafone slide, gilts in focus
Thor Explorations adds Bernard Swanepoel to board