Projects

Our Story

A giant goldfield in South Africa’s Eastern Goldfields is reawakening.
Theta Gold Mines Limited controls over 70% of East Transvaal Goldfield, where South Africa’s gold mining industry began almost 130 years ago. And we’re bringing open pit mining to this large and Historical underground mining goldfield…

Learn more

Theta (Open cut) Project

On 16 May 2019, the Company announced its first mining Reserve and released its very first Feasibility Study based on this Reserve.
The global Mineral Resource includes Theta Gold’s core project, the Theta Project, located next to the historical gold mining town of Pilgrim’s Rest, in Mpumalanga Province, some 370km east of Johannesburg…

Learn more

Growth Strategy

Since the Project Bentley announcement on 6 September 2017,the Company has shifted its focus to near surface open-cut mining opportunities. Through continued effort in sorting out and digitising historical production/exploration data over the Company’s controlled 43 historical mines, more and more opportunities similar to the Theta Hill mine will be identified and drilled out…

Learn more

Other Key Projects

Vaalhoek resource (0.62Mt @ 17.5g/t Au for 335koz, 82% Inferred), 20km north of the TGME Plant (Figure 1), represents mostly flat-lying reefs, are amenable to open-cut mining and is an example of the type of high grade targets the Company is seeking to bring into production. This represents the highest grade open-pit resource in the portfolio, and thus is a priority for the Company to bring into reserves as soon as practical…

Learn more

Resources and Reserves

The latest JORC compliant mineral resource statement was issued on 26 September 2018. Please refer to the announcement, which is summarised in the table below.
Total group resources of 39.15Mt @ 4.6g/t of gold for 5.75Moz have been declared…

Learn more

General Geology

The TGME Projects are situated within the Sabie-Pilgrims Rest Goldfield, approximately 300 km northeast of the Witwatersrand Basin, as shown in Figure 1. Gold mineralisation occurs within sedimentary host rocks of the Transvaal Supergroup. This metallogenic province extends for approximately 140 km in a north-north-easterly direction, over a maximum width of 30 km along the Great Escarpment of Southern Africa…

Learn more