TG METALS LIMITED Bolsters Van Uden Gold Project with New Breakthrough Gold Targets from Soil Assays

Thursday, August 7, 2025
at
9:27 am
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TG Metals Limited reports promising soil assay results at its Gold City prospect, expanding known gold trends and revealing compelling new drilling targets. This breakthrough could boost the Van Uden Gold Project’s resource base, setting the stage for exciting drilling programs and potential value for early-stage investors.

TG Metals Limited has announced promising new exploration results from its Gold City prospect within the Van Uden Gold Project in Western Australia. The company’s new soil sampling campaign – combining broad graded surveys on a 100m x 200m grid with a detailed 50m x 50m grid – has expanded the area of interest and identified several new gold anomalies. These anomalies, which extend across a 1.5 km strike length in two main northern zones and a third area immediately north of historic workings, bear strong similarities to the mineralisation already established through previous drilling. Historical drill intercepts—such as 25m at 1.09 g/t gold, 14m at 2.26 g/t gold, and others—underscore the potential of adjacent historical workings and lend weight to the attractiveness of further drill tests. The updated soil assay results were achieved by merging legacy 200m x 100m data with the recent infill grid data from Montague Resources Australia Pty Ltd. This integrated analysis confirms a notable broadening of the former target’s footprint from an initial 250m zone to an anomaly extending over 700m. The anomalies lie well to the west of the Forrestania Shear within the Forrestania greenstone belt and are in proximity to a magnetic high associated with an ultramafic unit, indicating a potential structural control on gold mineralisation. In addition, the results show that while peak gold assays occur at the historical working’s centre, another significant anomaly sits in an undisturbed area northwest of the workings, opening up new avenues for drill testing. TG Metals Limited’s management is optimistic that these findings could establish Gold City as a significant second gold centre for the Van Uden Gold Project. With plans to progress drilling as soon as the upcoming capital raising is completed, further infill sampling and detailed testing programmes are in the pipeline to transform these soil anomalies into a robust resource expansion that could support the company’s progression towards first production. Bullish sentiment is driven by the clear expansion of gold targets, the alignment between historical drill data and the new soil assays, and the strategic positioning of the Gold City prospect within a resource-rich geological setting. These factors suggest a potential for significant resource expansion and value creation for the project’s advancement. On the other hand, bearish sentiment may focus on execution risks tied to further drilling and exploration, uncertainties inherent in upscale resource evaluation, and the need for substantial capital to test these new targets. Market participants should note that while the early indications are encouraging, the ultimate value of these anomalies will depend on the outcome of detailed drilling programmes and subsequent resource estimates.

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