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Theta Gold Mines Limited (ASX:TGM) Development Update - TGME Underground Projects

Theta Gold Mines Limited (ASX:TGM) Development Update - TGME Underground Projects

OTCMKTS:TGMGF) is pleased to provide an update on the development work at the TGME Underground Project following the release of the Maiden Underground Prefeasibility Study (PFS) and Maiden Underground Mining Reserve last quarter. The team onsite has been busy completing gravity surveys, mine surveys of historical mines that are as yet not included in current mineral resources, sampling of Rietfontein tailings dumps, and other workstreams.
HIGHLIGHTS: TGME Initial development work
- Gravity survey completed across the existing tailing dam and planned extension area to ensure good ground conditions for future deposition. ....

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Theta Gold Mines Limited (ASX:TGM) Quarterly Activities and Cashflow Report 31 March 2021

Theta Gold Mines Limited (ASX:TGM) Quarterly Activities and Cashflow Report 31 March 2021

Quarterly Activities and Cashflow Report 31 March 2021Sydney, April 30, 2021 AEST (ABN Newswire) - Theta Gold Mines Limited (
OTCMKTS:TGMGF) is pleased to report on its activities for the period from 1 January to 31 March 2021.
The company has progressed strongly during the early part of 2021, delivering key project milestones, funding, the first underground Mining Reserve (refer ASX announcement 8 April 2021) and first underground Prefeasibility Study (refer ASX announcement 13 April 2021). The team has delivered a Maiden Underground Prefeasibility Study ( PFS ) based on only 16% of Theta Gold s 4.5m oz Au underground gold resource, and incorporates only 3 out of the recorded 43 historical mines across the project area. ....

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Theta Gold Mines Limited (ASX:TGM) Initial Maiden Underground Mining Reserve 419,000 oz Gold

Theta Gold Mines Limited (ASX:TGM) Initial Maiden Underground Mining Reserve 419,000 oz Gold

Initial Maiden Underground Mining Reserve 419,000 oz GoldSydney, April 8, 2021 AEST (ABN Newswire) - Theta Gold Mines Limited (
OTCMKTS:TGMGF) is pleased to announce its Maiden Underground Mining Reserve of 419,000 oz gold (2,366 Kt @ 5.49 g/t). In total, the global Mining Reserve is now 580,000 oz gold (4,530 Kt @ 3.98 g/t) (see Table 1 ). The global Mineral Resource (JORC 2012) remains over 6 Moz (45.5 Mt @ 4.17 g/t Au) (see Table 2 ).
The Maiden Underground Mining Reserve of 419koz (see Tables 3,4 & 5 ) is a result of a Prefeasibility Study for Beta, Frankfort and CDM mines. All mines are in the Central Northern area and collectively will be referred to as TGME Underground Project (see Figure 1 ). The initial study focused on the easily accessible gold in TGME underground areas for 684 Koz Underground Indicated Resources (see Appendix 1 ). The Indicated Resource ....

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