Theta Gold Mines is an advanced gold developer with over 6Moz of very shallow gold mineral deposits under control, targeting high margin open-cut mining from 2020.
The Company plans to initially unlock approximately 2.75 million ounces of its 6 million ounces resources by bringing 4 mines into production within the next 4 to 5 years.
The TGME Projects are situated within the Sabie-Pilgrims Rest Goldfield, approximately 300 km northeast of the Witwatersrand Basin, as shown in Figure 1. Gold mineralisation occurs within sedimentary host rocks of the Transvaal Supergroup.
