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Theta Gold Mines Limited (ASX:TGM)

ALERT: Price-sensitive ASX Announcement for TGM
Current share price for TGM : $0.180 -0.03 (-14.29%)+
Announcement
Release
25 Jun 2026 9:33AM
Price at Release
$0.210
Full Release
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Summary
Theta Gold Mines Limited has made significant progress in the construction of the TGME Gold Project. The project, featuring a well-established processing plant footprint, is advancing with the erection of structural steel and the completion of over 50% of civil works across various circuits. Key infrastructural elements such as water management systems are underway, while critical long-lead equipment, including the ball mill and plant components, are nearing delivery-ready status. The company is focusing on building a conventional, modular processing plant to optimize cost control and operational readiness, with an aim to reach producer status by 2027.
Key Points
  • The TGME Gold Project is progressing well with multiple construction milestones achieved.
  • The processing plant footprint is well established with structural steel erection underway.
  • Civil works are advanced across several circuits including Crushing, CIL, milling, thickener, and elution.
  • Critical long-lead equipment including the ball mill is nearing completion and delivery-ready status.
  • CIL tanks and process vessels are in final fabrication and coating stages.
  • Active earthworks and construction of access roads are supporting site execution.
  • Key infrastructure improvements include water management systems and processing ponds.
  • Theta Gold Mines aims to achieve producer status by 2027.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.