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Theta Gold Mines Ltd.
Summary
| Project: | TGME | |
|---|---|---|
| Deposit: | Columbia Hill | |
| Location: | South Africa | |
| Commodities: | Gold | |
| Date: | 3/4/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-3-2019: Theta Gold Mines Ltd. announces an Exploration/Drilling Update report for its Columbia Hill deposit at the TGME project. Drilling results incl. 21.0m @ 1.36g/t Au from 43m. Theta Gold Mines Limited (“Theta Gold” or “Company”) (ASX: TGM, TGMO) is | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Phil Bentley (Internal) | |
| ABSTRACT: | Theta Gold Mines Limited (“Theta Gold” or “Company”) (ASX: TGM, TGMO) is pleased to announce that the recent drilling programs have delivered strong and consistent thick gold reef intersections at Columbia Hill. Due to this success, the Columbia Hill drilling campaign has been extended into March 2019. The Company is continuing to make good progress with ongoing open pit Indicated resource classification drilling. The Company will issue a revised resource and reserve statement together with the Theta Project Feasibility Study results in early second quarter 2019. The Company is pleased to report there was a high level of activity at the project during February 2019, with drilling at Columbia Hill progressing Indicated resource delineation. The Feasibility Study work during Q1 2019 continued, including site visits from contractors and engineering groups to ensure independence and to support the costing for financial models. | |
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