Theta Gold Mines Ltd TGMGF

Metals & Mining Gold

Theta Gold Mines Limited is an Australia-based gold exploration and development company. The Company holds a range of prospective gold assets through its subsidiary, Transvaal Gold Mining Estate Ltd (TGME), in a South African gold mining region. TGME Project phase one consists of four existing mines, including Beta, Frankfort, CDM and the Rietfontein mine. The Project is located next to the historical gold mining town of Pilgrim’s Rest, in the Mpumalanga Province, some 370km northeast of Johannesburg or 95km north of Nelspruit (the Provincial Capital City) and includes more than 43 historical mines identified across the prospective gold field of 620 square kilometers (62,000 hectares). Beta Mine is a producing mine in the Pilgrim’s Rest area. Rietfontein quartz reef is near vertical, sitting in a 16 km long structure which has been mined and partly drilled over 3.5km. The Glynns Mine is located near the town of Sabie in northeast South Africa. Its subsidiary is Theta Gold SA (Pty) Ltd.

OTCPK:TGMGF - Post by User

Theta Gold Mines Ltd

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Post by GoldisCurrencyon Jul 12, 2020 11:55pm

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Post# 31258811

Theta Gold Mines onto the Americas

6Moz (400 max depth) incl. 1.3Moz open-pits @ 3g/t and 4.5Moz shallow underground @ 5.4g/t, with a corporate strategy to build up +160,000oz per annum production over initial 5 years.

Theta is now officially DTC cleared for its OTCQB listing.

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