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Theta Gold Mines Confirms US$933M Free Cash Flow, Targets Q1 2027 Production Start
9:54am on Tuesday 3rd of February, 2026 AEDT
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Mining
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Theta Gold Mines Confirms US$933M Free Cash Flow, Targets Q1 2027 Production Start
9:54am on Tuesday 3rd of February, 2026 AEDT
Key Points
13.1-year life of mine with 6.1 million ounces gold resource
Post-tax NPV of US$455 million and free cash flow of US$933 million at base gold price
First gold production targeted for Q1 2027 from four underground mines
Low all-in sustaining costs (~US$1,181/oz) and rapid 29-month payback period
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Theta Gold Mines (ASX:TGM)
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