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ASX:TGM

Theta Gold Mines Ltd

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Market:
ASX
Price
0.15 AUD
Day Change
-6.25%
Market Cap:
$106.73 m
52 weeks high
0.17
52 weeks low
0.05

In brief

Theta Gold Mines Ltd (ASX:TGM) is a gold development company that holds a range of prospective assets in the world-renowned Eastern Transvaal Gold Fields of South Africa.

The company’s core Theta project is near the historical gold mining town of Pilgrim’s Rest, in Mpumalanga Province around 370 kilometres northeast of Johannesburg.

Theta Gold has access to more 43 historical mines and prospect areas that can be accessed and explored, with over 6.7 million ounces of historical production and the company is developing several strategies to begin near-term production in open pits and underground.