Horizon Minerals Limited s (ASX:HRZ) program aims to expand the Cannon mining footprint from one planned underground mine to a small mining hub with potential open cut mines from the nearby Monument and Pinner prospects.
Horizon Minerals Limited s program aims to expand the Cannon mining footprint from one planned underground mine to a small mining hub with potential open cut mines from the nearby Monument and Pinner.
Theta Gold Mines Limited (ASX:TGM) (FRA:3LM) (OTCMKTS:TGMGF) is a gold exploration and development company that holds a range of prospective gold assets through its 74%-owned subsidiary Transvaal Gold Mining Estate Ltd.
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.