Theta Gold Mines Completes trial mining at Frankfort
- Theta Gold Mines (TGM) has completed trial mining at Frankfort, located within the TGME gold project
- The Beta, Frankfort and CDM mines are collectively referred to as the company’s TGME underground project
- Theta commenced the trial mining project in September 2021 and focused on rock engineering and mine support systems, drilling, and blasting technics
- Notably, this project also supports the current definitive feasibility study being prepared by Minxcon for the first quarter of 2022
- A total of 34 horizontal blast holes were drilled at various lengths across the span of the trial mining block
- On the market today, Theta is in the grey and trading at 18 cents per share
