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(0) This Announcement Contains Inside Information Vancouver, British Columbia (Newsfile Corp. - July 30, 2021) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ( Thor Explorations or the Company ) is pleased to announce the first gold pour from its Segilola Gold Mine located in Osun State, Nigeria. The pour took place this morning, July 30, 2021. The process plant ramp up will continue over the next six weeks with commercial production targeted for September 2021. At commercial production, the plant will run at a processing rate of 715,000 tonnes per annum, targeting c.85,000 ounces of gold per annum. Segun Lawson, President & CEO, stated: The first gold pour at Segilola, our first mine and the first commercial gold mine in Nigeria, is a significant achievement for the Company. This mine has been built in line with the budget and largely on schedule through a global pandemic. The Segilola mine is a high-grade, open pit mine that has a projected Life of Mine All In Sustaining Co

Burkina fasoUnited statesUnited kingdomOsun stateBritish columbiaRegion de kedougouSegun lawsonFig house communications investor relationsThor explorations ltdBritish columbia newsfile corpVenture exchangeAnnouncement contains insideSegilola gold mineMine all in sustaining costThor explorationsSegilola gold project