Canada’s Thor Explorations, the company behind Nigeria’s first large-scale gold mine, is set to start trading on London’s AIM in May.
Segun Lawson, President & CEO, stated: “Thor Explorations has advanced significantly, in both project development and capitalisation since the acquisition of Segilola in 2016. This year, the Company is well positioned to achieve two major milestones with the commencement of gold production at Segilola in Nigeria and a maiden resource at Douta in Senegal, as well as continuing to progress our highly prospective Nigerian exploration portfolio on the Ilesha Schist belt.”
“The Company is seeking admission to AIM with near term production, a clearly defined growth strategy, a positive market setting for gold and a track record of exploration and development success. I am looking forward to working with our existing and new investors in the London market to deliver the significant potential of this company.”
Thor is a West African focussed gold company with its flagship Segilola gold mine under construction in Nigeria and set to become the first large-scale industrial gold mine in the country. Thor also owns development projects and exploration properties in Nigeria, as well as a 70% economic interest in a highly prospective region in Senegal.