Frankfort mine gearing up

Mining equipment and supplies have been delivered to site ahead of the bulk sampling program for Theta Gold’s Frankfort mine. Pictured below are the ventilation piping and underground roof supports to be used at the Frankfort mine.

Theta is undertaking a commercial bulk sample program from its Frankfort mine with an initial 3,000 tonnes trial, which if proven successful will be ramped up to 5,000 and then ultimately 10,000 tonnes per month. Ore mined from the site will be trucked to Pan Africia Resources' plant for processing with first gold and revenue expected in September 2023.

We will update investors weekly with news on the Frankfort program so stay turned for more regular updates. We encourage investors and shareholders to please contact us with any questions at Theta Gold Mines' Interactive Investor Hub, http://investors.thetagoldmines.com.