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Thor Explorations Ltd. (THX:CA) Q2 2026 Earnings Call Transcript

Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) delivered record first-half revenue, EBITDA and net profit in 2026, supported by strong gold pricing, disciplined cost management and continued performance from the Segilola Gold Mine in Nigeria. Revenue for the 6 months to June 30 rose to US$151.9 million from US$146.8 million a year earlier, while EBITDA increased to US$108.4 million from US$103.9 million.

Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF, FRA:T2X) has intersected further high-grade gold beneath the open pit at its Segilola mine in Nigeria, strengthening the case for an underground operation at the site. The AIM and TSX Venture-listed miner said drilling had cut 19.4 metres grading 3.01 grammes of gold per tonne from 346 metres down in hole SNMDD089.