The open-pit mine — which poured its first gold in late July — is absolutely operational and working on the goal each day mine manufacturing price, with roughly 90,000 tonnes of ore materials mined to the tip of the third quarter, Thor mentioned.
As well as, two ore zones have been ready for the graduation of higher-grade direct tip operation this month.
“The mining fleet has been absolutely commissioned and mine manufacturing has continued by way of the moist season, with notably heavy rainfall in September, which is now subsiding as we method the dry season which generally runs from late October to early March,” Thor mentioned in a information launch.
The method plant can be constantly working in step with its design throughput capability of 715,000 tonnes per yr, it added.
In the course of the ramp-up, a variety of minor faults had been recognized together with a defective warmth exchanger on the mill and a defective valve which was discovered to be limiting the efficiency of the gravity circuit. There have been additionally a variety of provide chain points referring to the provision of excellent high quality activated carbon.
All faults have been rectified by the EPC contractor and provide chain points have been resolved since, Thor mentioned.
Along with the flagship Segilola mine, the corporate additionally holds a 70% financial curiosity within the Douta gold mission in southeastern Senegal and 100% of the Central Houndé mission in Burkina Faso.
Shares of Thor Explorations superior 4.0% by midday EDT following the most recent replace. The Africa-focused gold miner has a market worth of C$162.1 million ($128.9m).