Theta Gold Mines Limited (ASX:TGM) Quarterly Activities - Cashflow Report
Theta Gold Mines Limited (ASX:TGM) (OTCMKTS:TGMGF) is pleased to report on its activities for the period from 1 October to 31 December 2020.
Theta Gold Mines Limited (ASX:TGM) (OTCMKTS:TGMGF) is a gold development company that holds a range of prospective gold assets in a world-renowned South African gold mining region. These assets include several surface and near-surface high-grade gold projects which provide cost advantages relative to other gold producers in the region.
Theta Gold Mines core project is located next to the historical gold mining town of Pilgrim's Rest, in Mpumalanga Province, some 370km northeast of Johannesburg by road or 95km north of Nelspruit (Capital City of Mpumalanga Province). Following small scale production from 2011 – 2015, the Company is currently focussing on the construction of a new gold processing plant within its approved footprint at the TGME plant, and for the processing of the Theta Open Pit oxide gold ore. Nearby surface and underground mines and prospects are expected to be further evaluated in the future.
The Company aims to build a solid production platform to over 100Kozpa based primarily around shallow, open-cut or adit-entry hard rock mining sources. Theta Gold Mines has access to over 43 historical mines and prospect areas that can be accessed and explored, with over 6.7Moz of historical production recorded.
Theta Gold Mines Limited (ASX:TGM) (OTCMKTS:TGMGF) is pleased to report on its activities for the period from 1 October to 31 December 2020.
Theta Gold Mines Limited (ASX:TGM) (OTCMKTS:TGMGF) provide the presentation to Mines & Money Online Connect.
Theta Gold Mines Limited (ASX:TGM) (OTCMKTS:TGMGF) is pleased to provide this corporate and operations update.
Theta Gold Mines Limited (ASX:TGM) (OTCMKTS:TGMGF) is pleased to announce an equity investment in Bullion Asset Management Services Pte Ltd ("BAM"), a Singapore-based technology company focused on financing, tokenization of physical gold bullion and precious metals trading.
Theta Gold Mines Limited (ASX:TGM) (OTCMKTS:TGMGF) is pleased to report on its activities for the period from 1 July 2020 to 30 September 2020.
Theta Gold Mines Limited (ASX:TGM) (OTCMKTS:TGMGF) is pleased to advise that the South African Department of Mineral Resources and Energy (DMRE) has informed the Company of its support for the Company's application to amend Mining Right 83 (MR83) to also permit open pit mining.
Theta Gold Mines Limited (ASX:TGM) (OTCMKTS:TGMGF) advises that Chairman, Mr Bill Guy, will be hosting a Zoom Webinar on Tuesday 27 October 2020 at 9:00am AEDT (Sydney/Melbourne).
In the last twelve months Theta Gold Mines Limited (ASX:TGM) (OTCMKTS:TGMGF) has delivered a path to gold production, a new optimised mine schedule for the Theta Starter Open Pit Project, listing on OTC Markets in the United States and increases in share value and market capitalisation.
Theta Gold Mines Limited (ASX:TGM) (OTCMKTS:TGMGF) is pleased to advise that it has strengthened its management team with the appointment of Mitford Mundell as Chief Executive Officer - Africa and Jacques Du Triou as Chief Operating Officer - Africa, effective 1 October 2020.
Theta Gold Mines Limited (ASX:TGM) (OTCMKTS:TGMGF) is pleased to report on continued project development initiatives at the Starter Theta Project. The team in South Africa is fully operational onsite.