In today deep dive series, we explore Theta Gold Mines (ASX: TGM), a producer that is building the TGME gold project in Mpumalanga, South Africa, on a 6.1 million ounce resource with 74% project interest. The February 2026 study models a 13.1-year Base Case, 871,000 ounces recovered, AISC of US$1,181/oz and after-tax NPV10 of US$455M at US$2,884 gold. Commissioning is targeted for late 2026 and first gold for Q1 2027. This is a research walk-through, not financial advice. Watch the full episode to learn more.
Presentation slides:
Full written analysis at the original article here:
https://www.rocketeller.com/theta-gold-mines-6-1moz-us1181-aisc-first-gold-targeted-q1-2027/
