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THETA GOLD MINES LIMITED - Discussion

Market Cap $117.4M  ! watchlist Created with Sketch. Add to my watchlist

Theta Gold Mines Limited is an Australia-based gold exploration and development company.... Theta Gold Mines Limited is an Australia-based gold exploration and development company. The Company holds a range of prospective gold assets through its subsidiary, Transvaal Gold Mining Estate Ltd (TGME), in a South African gold mining region. TGME Project phase one consists of four existing mines, including Beta, Frankfort, CDM and the Rietfontein mine. The Project is located next to the historical gold mining town of Pilgrim’s Rest, in the Mpumalanga Province, some 370km northeast of Johannesburg or 95km north of Nelspruit (the Provincial Capital City) and includes more than 43 historical mines identified across the prospective gold field of 620 square kilometers (62,000 hectares). Beta Mine is a producing mine in the Pilgrim’s Rest area. Rietfontein quartz reef is near vertical, sitting in a 16 km long structure which has been mined and partly drilled over 3.5km. The Glynns Mine is located near the town of Sabie in northeast South Africa. Its subsidiary is Theta Gold SA (Pty) Ltd.More

Corporate Spotlight

SWJ most recent resource upgrade shows 5.1moz of gold at grades as high as 126g/tonne and current drilling aims to increase the resource even more, and to establish maiden reserves. Stonewall has identified promising high grade deposits suitable for open-cut mining to initiate low-cost production.
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Stonewall Resources excited by open cut potential

Theta Gold Mines Limited

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18.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $117.4M
Open High Low Value Volume
18.0¢ 18.0¢ 18.0¢ $2 12

Buyers (Bids)

No. Vol. Price($)
7 68162 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 12 1
View Market Depth
Last trade - 10.09am 26/11/2024 (20 minute delay) ?
Last
17.5¢ 		  Change
0.000 ( 2.78 %)
Open High Low Volume
17.5¢ 17.5¢ 17.5¢ 1701
Last updated 10.16am 26/11/2024 ?
TGM (ASX) Chart

Top Stories

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