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Stonewall Resources excited by open-cut potential at TGME gold project

Rob Thomson, managing director at Stonewall Resources Ltd (ASX:SWJ), spoke to Proactive's Andrew Scott on site at their Theta Hill prospect - part of the TGME gold project in South Africa.

They've kicked off a second round of exploration which will comprise RC drilling of 20-30 holes for around 1500 metres.

Stonewall aims to complete the phase II drilling at Theta Hill by mid‐March 2018.

Further drilling at the Columbia Hill prospect is then expected to take place.

Quick facts: Theta Gold Mines Ltd

Price: 0.21 AUD

ASX:TGM
Market: ASX
Market Cap: $92.75 m
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Theta Gold Mines advancing development of its flagship gold project in South...

Theta Gold Mines Ltd's (ASX:TGM) Bill Guy updates Proactive's Andrew Scott on development work at its flagship project in South Africa. A 2.5 megawatt ball mill purchased in October 2019 has recently arrived on site. Guy says the official start of construction and mining will be a big...

on 16/4/20

2 min read