Thor Explorations increases output, progresses various drill programmes
TSX-V- and Aim-listed Thor Explorations, which owns and operates the Segolila mine, in Nigeria, has increased its gold production to 85 057 oz in the year ended December 31, compared with the 84 609 oz produced in the prior year.
The company’s output in the fourth quarter alone totalled 24 662 oz, with sales having amounted to 24 936 oz at an average realised price of $2 497/oz.