Thor Explorations (TSE:THX) has released an update.
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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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