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

Good afternoon, ladies and gentlemen, and welcome to the Thor Explorations Limited Investor presentation. Before we begin, as usual, we would like to submit the following poll. And if you could give that your kind attention, I'm sure the company would be most grateful. And I'd now like to hand over to CEO, Segun Lawson. Segun, good afternoon, sir. Good afternoon. Welcome, and thank you. I'm pleased to be here again presenting our Q2 2026 financial and operating results. For the benefit of those who are new here, I will start with an overview. Thor Explorations is a West Africa-focused gold producer with a presence in 3 countries in Nigeria, where we have what I would describe as our flagship project, the Segilola Gold Mine, which is now in its fifth calendar year of gold production and forecast to produce between 75,000 and 85,000 ounces of gold this year. Our second project is the Douta project in Senegal, where we are at the final stages of putting together our -- reaching our final investment decision. So that involves finalizing our negotiations with our financiers and with the government of Senegal for the mining convention. And we are looking to position to build that project during the course of the next few months and aiming to be in production, should I say, in the next couple of years. And finally, we are in Côte d'Ivoire, where we've assembled a prospective portfolio of 5 exploration licenses now, and we're advancing exploration, particularly on our 2 priority licenses and low-cost exploration on the other 3. So to recap that in Nigeria, our production in 2025