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Theta’s TGME Project Definitive FS Confirms NPV(10%) of A$432 Million At US$1,642/oz Gold Price

Theta’s TGME Underground Gold Mine Project Feasibility Study Information Booklet | July 2022

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Our Story

Primary listing on the Australian Securities Exchange (ASX:TGM)

with a secondary listing on OTC Markets (OTC:TGMGF), an advanced gold developer with over 6Moz of very shallow gold mineral resources (JORC) under control, targeting high margin shallow underground and open-cut mining. Our goal is to become a responsible, sustainable and highly profitable gold mining group.

A Profitable & Growing Production Profile

Begin to unlock the 6.1 Moz gold resources, Theta plans to build a production profile of over 160,000 ounces per annum within the first 5 years. In July 2022, Theta released its very first definitive Feasibility Study to mine the initial 1.26 Moz gold (@5.95g/t mined grade) over 12.9 years life of mine, delivering a stunning NPV(10%) of AU$432 million with a US$1642/oz average gold price forecast. The Company shall continue to convert its resources into mining reserves in order to support production ramp-up and extending mine life.

Projects

World Class Geology

Theta’s TGME gold portfolio sits on the Eastern edge of the World’s largest igneous intrusion – the Bushveld Igneous Complex, where the gold mineralisation were captured by both the Chemical Trap and Structural Trap, a very rare/unique gifted geology.

Our Clients

We’re going to became partners for the long run.

While creating inspiring places for people, product team which creates amazing UI/UX experiences, by crafting top-notch user experience.

Work inquiries

Questions? Get in touch.

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