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Canadian miner Thor Explorations' Q3 revenue hits $69.5 mln on high gold prices
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Canadian miner Thor Explorations' Q3 revenue hits $69.5 mln on high gold prices
Oct 15, 2025 2:10 AM

Overview

* Thor Explorations Q3 2025 rev at $69.5 mln, driven by high gold prices

* Company maintains FY 2025 production and cost guidance, continues exploration activities

* Gold production at Segilola mine supports strong operational performance

Outlook

* Thor Explorations ( THXPF ) maintains FY 2025 gold production guidance at 85,000 to 95,000 oz

* Company maintains FY 2025 all-in sustaining cost (AISC) guidance at $800 to $1,000 per ounce

* Thor Explorations plans additional drilling at Guitry and Marahui in Q4 2025

Result Drivers

* HIGH GOLD PRICES - Realized price of $3,535 per ounce contributed to strong revenue

* RISING STOCKPILES - Ore stockpile increased by 2,977 oz to 44,069 oz of gold at an average grade of 0.83 g/t

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $69.50

Revenue mln

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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