Theta Gold Mines Limited provided an update on its underground gold bulk sampling program. The Company is assessing ways to accelerate its planned +160,000 oz Au per annum production target which is primarily focused on bringing priority underground mines into production sooner. 450kg of bulk samples were collected from various shallow underground gold faces including at the Rietfontein, Beta and Vaalhoek Gold Mines with all showing excellent gold recovery with Carbon In Leach (CIL). Theta Gold's technical team is confident that these preliminary metallurgical results can be repeated on a number of other mines. The 91% CIL recovery for the Beta Reef bulk sample was fresh ore which is very typical of that mine which hosts ~1.1 million ounces gold resources. The 91% recovery was well above expectations and demonstrates once again that modern technology can revitalize Theta Gold's broader mining province.