Theta Gold Mines Ltd. (AU:TGM) has released an update.
Theta Gold Mines Ltd. has unveiled promising metallurgical test results, confirming that 174,000 ounces of gold can be recovered from the TGME tailings storage facility and rock dumps. The test work, carried out by MAK Analytical Laboratories, showed high gold recovery rates, especially from surface rock dumps which yielded up to 95% recovery. These findings support the company’s feasibility studies and offer a potential early cash flow from surface gold sources as the underground Beta mine development progresses.
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