Vancouver, British Columbia–(Newsfile Corp. – October 15, 2025) – Thor Explorations Ltd. (TSXV: THX) (AIM: THX) (“Thor Explorations” or the “Company”) is pleased to provide its third quarter 2025 interim operational update for the Segilola Gold mine, located in Nigeria (“Segilola”), and for the Company’s mineral exploration properties located in Nigeria, Senegal, and Côte d’Ivoire, for the three months to September 30, 2025 (the “Quarter” or “Q3”).

Segilola Q3 Highlights

Q3 gold poured of 22,617 ounces (“oz”)

Gold sales in Q3 of 19,650 oz at an average realized price of US$3,535 resulting in revenue of US$69.5 million

Gold produced from 250,459 tonnes milled at an average grade of 3.11 grammes per tonne (“g/t”) of gold and process plant recovery at 94.3%

Mine production of 386,558 ton

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