Theta Gold Mines Ltd. (AU:TGM) has released an update.
Theta Gold Mines Ltd has announced promising drilling results from their TGME Main Tailings Storage Facility, revealing 46 out of 80 samples with gold grades equal to or over 1g/t, including several high-grade results. The company’s drilling program, conducted by SGS South Africa, has confirmed the anticipated gold resources within the tailings dams, contributing to a total of 141,000 ounces of gold. These findings are part of a strategy to initiate early processing and production to generate cash flow while developing the underground Beta mine.
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