Theta Gold Mines Limited (3LM)

Overview

Theta Gold Mines Limited is a gold exploration and development company with a primary focus on its flagship project, the Theta project, situated near the town of Pilgrim's Rest in the Mpumalanga Province of South Africa. Originally operating under the name Stonewall Resources Limited, the company underwent a rebranding to its current name in December 2018, aligning its identity more closely with its core project. Established in 2008 and headquartered in Sydney, Australia, Theta Gold Mines positions itself as a key player in the South African gold mining sector, leveraging its extensive resources and expertise in gold exploration and development.

Products and Services

• Gold Exploration - Theta Gold Mines Limited invests heavily in the exploration of gold-bearing properties primarily within South Africa. Exploration efforts are focused on identifying and evaluating potential gold resources, employing state-of-the-art technologies and methodologies to maximize discovery success rates.
• Gold Development - Beyond exploration, the company is deeply involved in the development of gold mining projects. This includes conducting feasibility studies, securing necessary permissions and licenses, and preparing sites for eventual mining operations. The goal is to transition promising exploration sites into productive mining operations.
• Theta Project - Serving as the centerpiece of the company's portfolio, the Theta Project is a comprehensive development initiative aiming to bring one of South Africa's historical gold mines back to life. Located near Pilgrim's Rest, the project hinges on responsible and efficient resource management to extract value from high-potential gold deposits.