Project overview
About this development
The Theta gold project is a high-grade gold project being developed near the town of Pilgrim’s Rest in Mpumalanga. The Theta project is expected to cost approximately $34.3m, and is anticipated to produce more than 201,000oz of gold over its estimated mine life of five years. An estimated 46,300oz of gold, grading 2.85 grams per ton (g/t) Au, is expected to be produced during the first year of production, following a nine-month construction period. The exact co-ordinates are currently not available however the approximate area of location is lat: -24.913665368529642, long: 30.74173714085232
Project at a glance
Theta Open Cut Gold Project is located in Mpumalanga. The project is classified in the Private sector. Its current recorded stage is Underway. The recorded project value is R 200 Million+.