Thor Explorations Ltd. THX.V

THX.V Company Overview

Thor Explorations Ltd. is a mineral exploration and production company focused primarily on gold assets in West Africa, with additional exposure to lithium exploration in Nigeria. The company operates in the mining and natural resources sector and is listed on the TSX Venture Exchange under the ticker THX.V and on the AIM market of the London Stock Exchange. Its principal revenue driver is gold production from the Segilola Gold Mine in Nigeria, which became one of the country’s first large-scale commercial gold mining operations. The company’s activities span gold exploration, mine development, production, and early-stage battery metals exploration.

Thor Explorations evolved from a junior exploration company into a producing gold miner through the development of the Segilola Project, which achieved commercial production in 2021. The company has positioned itself as a significant participant in Nigeria’s emerging formal mining sector, benefiting from early-mover advantages, local operating relationships, and ownership of strategic exploration licenses. In addition to its producing operations, the company maintains exploration interests in Nigeria, Senegal, and Côte d’Ivoire, supporting a broader regional growth strategy focused on resource expansion and portfolio diversification.