Thor Explorations hails ‘improvement in all areas’ as it posts first profit

Thor Explorations’ Segun Lawson talks to Proactive London after reporting a net profit of over US$6mln in its second quarter on revenues of US$66.2mln

Lawson said a first profit followed another strong quarter at its flagship Segilola gold mine in Nigeria, with production at the upper end of guidance and recoveries and throughput both at very high levels.

Thor is also advancing its exploration programs across the portfolio with the Douta project making progress on its preliminary feasibility study (PFS).

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