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ASX:TGM

Theta Gold Mines Ltd

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Market:
ASX
Market Cap:
$95.62 m
Price
0.19 AUD
Change
2.78%
52 weeks high
0.40
52 weeks low
0.17

In brief

Theta Gold Mines Ltd (ASX:TGM) is a gold development company that holds a range of prospective assets in the world-renowned Eastern Transvaal Gold Fields of South Africa.

The company’s core Theta project is near the historical gold mining town of Pilgrim’s Rest, in Mpumalanga Province around 370 kilometres northeast of Johannesburg.

Theta Gold has access to more 43 historical mines and prospect areas that can be accessed and explored, with over 6.7 million ounces of historical production and the company is developing several strategies to begin near-term production in open pits and underground.

Snapshot

  • Theta Gold Mines has busy work program to drive TGME Underground Project to gold production
  • Theta Gold Mines advances development as it gears up for TGME Underground Project mining
  • Theta Gold Mines secures more than A$10m funding package to accelerate TGME Gold Project

Insight Widest with the analysis, Proactive gives perspectives that others don't.

Theta Gold Mines advances development as it gears up for TGME Underground Project mining

The gold mining hopeful is determined to grow the TGME Underground Project as part of its wider mission to become a key player in the South African mining industry.

on 1/7/21