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Share Name | Share Symbol | Market | Stock Type |
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Thor Explorations Ltd | THX | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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16.00 | 16.00 | 16.00 | 16.00 | 16.00 |
Industry Sector |
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MINING |
Top Posts |
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Posted at 29/10/2024 18:34 by ukgeorge Gold back at record highs, should be debt free, a dividend or share buy back would be a good use of some cash. Yes build some cash for the project but need to reward us shareholders |
Posted at 25/9/2024 15:48 by paduardo Hi new to this share. For the drilling update that is due end of this month from Segilola, are we just expecting an update outlining the drill results or are we also expecting THX to announce an increase in reserves. Thanks |
Posted at 25/9/2024 12:15 by devonlad Gold up from 2400 to 2650 in the last couple of months, thx must be making crazy money now. |
Posted at 22/9/2024 11:56 by stevea171 Cyberbub. Nigeria is politically stable unlike the sahel countries to the north. Senegal also has been recognized as one of the most stable countries on the African continent.Segilola mine life is relatively short but is being addressed with current drilling beneath the open pit that just now is being targeted and with ongoing exploration and drilling on a regional basis within trucking distance of the mine. Interim results of drilling at Segilola will be released imminently. Segun has recently said there is 3.5 years of resource currently and he expects this can be extended by another 3.5 years. From the THX Interim report 24/8/24: Re resource drilling at Segilola: As seen in Figure 2.2 below, an inferred resource of 135,000 ounces of gold grading at 5.65 grammes per tonne has been delineated underneath the ultimate Segilola open pit. Structural studies which also incorporated the results from the grade control program carried out to date resulted in an interpretation of four well constrained high-grade shoots which are shallow dipping from the north to south (see Figure 2.3). A 12,000 metre drilling program targeting possible extension of the gold mineralization underneath the designed open pit commenced late in the period and the company aims to release an initial set of drill results in September 2024. |
Posted at 13/9/2024 11:08 by teapot222 If Segun kept mentioning starting dividends from next year which he never really pushes through in interviews this would get more interest as the past few years have seen little in terms of share price growth, which hopefully will change but guaranteed dividend returns in the short term would entice a lot of investors. |
Posted at 13/9/2024 09:19 by hamidahamida #THX Segilola underground drilling programme."We aim to release our first set of material results through the course of September and through(out) to the end of the year."https://x.com/ |
Posted at 13/9/2024 07:13 by hamidahamida Wow GOLD trading at an all time high Market will soon wake up and realise how cheap THX isJust look at the margins THX delivered in H1All in cost under 802 dollars Gold Trading at 2550 dollars 45000 oz for the h2 Over 1600 dollar margin that's over 60 million just in H2 and company is worth just over 100 million |
Posted at 05/9/2024 06:05 by trader465 EXPLORATION UPDATE ON THE DOUTA GOLD PROJECT, SENEGALThor Explorations Ltd. (TSXV/AIM: THX) ("Thor" or the "Company") is pleased to announce the latest set of drilling results from its 2024 drilling programme at the Douta Gold Project, Senegal (the "Douta Project"). The drill-intersections of significant gold mineralisation are from the Makosa East Prospect ("Makosa East"), a more recently discovered prospect which runs 300 metres ("m") parallel to the east of the previously defined Makosa deposit. The Douta Gold Project encompasses the Makosa gold deposit which currently comprises a total resource of approximately 1.78 million ounces ("Moz") of gold ("Au") that consists of an indicated resource of 21.2 million tonnes ("Mt") grading 1.3 grammes per tonne ("g/t") Au for 874,900 ounces of gold ("oz Au") together with an inferred resource of 24 Mt grading 1.2 g/t Au for 909,400 oz Au. A reverse circulation ("RC") drilling programme this year has focussed on increasing the percentage of oxide resources with most of the holes being terminated at relatively shallow depths. This phase of the drilling has focussed on Makosa East which runs parallel to the main Makosa mineralised trend, and which is additional to the declared current mineral resource. Additional infill drilling was completed at the Makosa North, Mansa and Maka prospects. The assay results from the drilling completed to date include the following highlights: · Drillhole DTRC1012- 32m at 1.76 g/t Au from 0m · Drillhole DTDD995 - 14m at 1.20 g/t Au from 26m · Drillhole DTDD1015 - 12m at 1.51 g/t Au from 40m · Drillhole DTRC1028 - 8m at 1.90 g/t Au from 16m Segun Lawson, President & CEO, stated: "We are pleased to announce continuing positive drilling results from the Douta Prospect and in particular, this set of results from Makosa East which lies completely outside the existing 1.78 million ounce resource. "As per our strategy, these results are expected to add additional oxide material to the resource inventory from which we aim to design the initial period of a potential future mining operation. "We are encouraged by these results from a new prospect outside the existing resource base. The results are from surface and remain open at depth. The Makosa East Prospect now has a strike length of over 1.5 kilometres. We look forward to receiving the remaining outstanding results from the vicinity of the current known deposits and the larger project area with the objective of updating our resource and subsequently completing our Preliminary Feasibility Study for the Douta Project." |
Posted at 23/8/2024 06:20 by trader465 Q2 2024 revenue has increased by 30% compared to Q2 2023 generating a record net profit of US$27.5 million for the Period, an impressive increase of 91% compared to Q2 2023. Net profit for the first half of the year was US$$39.9 million."The Company has reduced its senior debt to US$6.5 million which is scheduled to be fully repaid this financial year. We also continue to make progress on our payables, making a US$6.4 million reduction in the period." |
Posted at 08/7/2024 15:16 by stevea171 Teapot. Yes, dividend commencement should be possible very soon as well as capex for the long life second mine build at Douta possibly starting next year. |
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