Thor Explorations Ltd.

About Thor Explorations Ltd.

Thor Explorations Ltd is a West African focused gold producer, listed on both the TSX Venture Exchange and AIM Market of the London Stock Exchange. Their mission is to unlock West Africa's gold potential through responsible exploration and production, operating Nigeria's first large-scale commercial gold mine and expanding across Senegal and Côte d'Ivoire to build long-term value through growth, discovery, and sustainable development.

Products & Services

Segilola Gold Project (Nigeria):A producing gold project with Q4 2025 gold poured of 23,719 oz, FY 2025 total of 91,910 oz, DFS open pit reserve of 518,000 oz at 4.2g/t Au, FY 2026 production guidance of 75,000-85,000 oz, and AISC guidance of US$1,000-1,200 per ounce.

Douta Gold Project (Senegal):An exploration project with Birimian-hosted gold deposits, a global resource of 1,780,000 oz Au, including 874,900 oz Indicated at 1.3g/t Au and 909,400 oz Inferred at 1.2g/t Au.

Côte d'Ivoire Projects:Exploration projects in Côte d'Ivoire as part of Thor's West African expansion.

Exploration Pipeline / Future Projects:Future exploration and development projects across key mineral belts in West Africa.

Specialties

Gold exploration and production in West Africa Responsible mining and sustainable development Operation of large-scale commercial gold mines

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 54000000 MR: - FA: USD54 million FAN: 54000000	D: 2023-02-02 FD: 2023-02-02	1 investors

Debt Latest

2023-02-02

$54.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

S

Segun Lawson

Chief Executive Officer and Director

J

James Philip

Chief Operations Officer

A

Alfred Gillman

Group Exploration Manager

C

Chris Omo-Osagie

Chief Financial Officer

L

Louise Porteus

Environmental and Social Manager

E

Ettienne Du Plessis

General Manager

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