Organic Growth Strategy

Organic Growth Strategy – Targeting over 160,000 oz Au annual production

Phase 1 – Bring 3 gold mines into production
Phase 2 – Expand to 5 producing gold mines
Phase 3 – Expand to 6 producing gold mines

Theta already has 6.1 Moz in mineral resources and a total mine reserve of 580,000 oz Au. Theta has grown the resource base year on year since 2016 (see Figure1), and now in the development of Phase 1 of the Organic Growth Strategy.
Started in second half of 2021, a team of experienced miners (Over 30 staff onsite) working on underground development and mine approvals to deliver Phase 1 where a DFS is in process of been completed.
Many workstreams will progress concurrently on site with Phase 2 work already in progress.

Note: Subject to funding and Exploration success

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