Operating Nigeria's 1st Large Scale Gold Mine and Advancing High Value Gold Projects in Nigeria and West Africa.
Joined April 2018
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83 Photos and videos
Coming in at no.38, we are pleased to be included in the TSX Venture Exchange 50 for 2026.
The Company's performance in 2025, highlighted by the share price appreciation of 297% and market cap growth of 302% in 2025, helped us achieve this significant milestone.
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🚀 PFS delivers a major milestone at Douta 🇸🇳
💰 NPV5%: US$908m | IRR: 73%
⚡ 11-month payback
📈 US$1.43bn NPV | 102% IRR @ spot gold
⛏ 1.0Moz over 12.6 yrs
💵 US$254m capex | ESIA approved
A transformational step toward multi-asset gold production.
shorturl.at/yxUmY
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14 Jul 2025
We are pleased to report a strong Q2 2025:
22,784oz gold poured
US$82.5m record revenue
25,900oz sold @ $3,187/oz
FY25 guidance unchanged: 85–95Koz
C$0.0125 dividend on Aug 15
Exploration advances in 🇳🇬🇸🇳🇨🇮
Full announcement here: londonstockexchange.com/news…
#THX #Gold #Mining
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17 Jun 2025
We are proud to support our communities through heritage & youth-focused initiatives. SROL has commissioned a new palace in Imogbara & launched empowerment schemes in Imogbara & Iperindo, highlighting our Community Development Agreement in action.
dailypost.ng/2025/06/16/cham…
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3 Jun 2025
Watch Segun Lawson talk about the Q1 2025 Financial and Operating Results, and outline the prospects for the rest of 2025.
youtube.com/watch?v=AZzIZAZA…
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28 May 2025
Q1 FY25 Results today:
Gold sold: 22.8 koz @ $2,720/oz
Revenue: $64m *EBITDA: $44m
Net Income: $34m (record)
Maiden dividend declared: C$0.0125
Net Cash: $25m (working capital surplus)
FY25 guidance unchanged: 85–95 koz @ $800–1,000/oz AISC
tinyurl.com/bddb7wje
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22 Apr 2025
📰 New feature from @SHARESmag explores the factors driving renewed interest in gold.
THX mentioned - positive commentary on its maiden dividend policy underpinned by the output from the Segilola mine.
🔗 Read the full article:
sharesmagazine.co.uk/article…
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25 Mar 2025
We are pleased to announce that we were featured as one of the five mining stocks to watch in 2025 in the latest interactive investor video.
To watch the full video to find out why Thor Explorations is one to watch:
youtube.com/watch?v=2JDm8jBD…
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19 Mar 2025
Segilola Resources Operating Limited hosted an event for the local community to focus on entrepreneurial and digital skills training to the beneficiaries of the Segilola Women's Initiative Programme and the Livelihood Restoration Programme in Osun State.
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13 Mar 2025
Macquarie forecasts gold spot hitting $3,500/oz in Q3 2025, citing strong central bank demand and economic uncertainty. Goldman Sachs has raised its target to $3,100/oz, pointing to ongoing geopolitical risks and investor interest.
Full details here: bit.ly/3R87cdk
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7 Mar 2025
Mining Technology features Louise Porteus in their latest piece on inspiring women in mining!
As #IWD approaches, she shares insights on challenges, opportunities, and the evolving role of women in the industry.
🔗 Read more: mining-technology.com/featur…
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19 Feb 2025
A snapshot of our CEO's productive week at this year's @MiningIndaba. 2025 brings a number of important milestones for Thor and we look forward to growing on multiple fronts across our three operating jurisdictions in West Africa.
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23 Jan 2025
The Thor Explorations Ltd team will be attending the Investing in African Mining Indaba 2025 conference.
The event is happening at CTICC, Cape Town between 3-6 February 2025.
Segun Lawson, James Philip, Louise Porteus and Ibu Lawson will be available at stand F36.
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16 Jan 2025
CEO Segun Lawson hosted a webinar on Thor Explorations' Q4 2024 results and 2025 outlook, highlighting gold production, debt-free status, and exploration updates. Watch here: bit.ly/3Wg6XzN
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9 Jan 2025
Gold stands strong amid Trump’s proposed tariffs, emerging as a defensive hedge against inflation & instability. Hear more in Tom Price's, Panmure Liberum, CNBC interview.
🎥 Watch: bit.ly/3WbpQUS
🔗 #GoldMining #EconomicStability #DefensiveStocks #TrumpTariffs
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11 Nov 2024
Thor Explorations is pleased to announce its financial and operational results for the third quarter of 2024.
To read the full announcement, please click here: londonstockexchange.com/news…
#ThorExplorations #GoldMining #FinancialResults
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7 Oct 2024
Thor Explorations Ltd announces initial positive diamond drilling results from Segilola gold mine.
Significant results received include 3.0m grading 11.24g/tAU from 294m in drillhole SNMDD011 and 1.5m grading 3.22g/tAu from 269m in drillhole SNMDD012.
shorturl.at/xxmvb
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5 Sep 2024
Thor Explorations today announces the latest set of drilling results from the Douta Gold Project including notable intersections such as 32m at 1.76 grams per tonne gold from surface and 12m at 1.51 g/t gold from 40m.
Read the announcement here: tinyurl.com/ycdkdvaf
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29 Aug 2024
We are pleased to share our latest investor presentation and q&a on @InvestorMeetCo. CEO @segunlawson provides insights into Q2 & H1 2024 financial and operating results, and an outlook for FY 2024.
Watch the full presentation and Q&A here: shorturl.at/No2Ap
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3 Jul 2024
Yesterday our CEO Segun Lawson sat down with @zakmir on @ZaksTradersCafe to discuss the recent announcement of the first set of drilling results from its 2024 drilling programme at the Douta Gold Project, Senegal.
Listen to the full episode here: zakstraderscafe.com/intervie…
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