TG Metals readies drill push for bigger Van Uden gold heap

Original announcement by stockhead on

Company
TG Metals
Ticker
TG6
Exchange
Unavailable
Region
Western Australia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Metallurgy, Drill results, Other, Resource update
Extracted
2026-09-17 03:02:28 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

TG Metals is launching a 689-hole aircore drilling campaign at the Van Uden gold project in Western Australia to extend the laterite resource. The program aims to support a proposed heap-leach operation, which has shown gold recoveries of over 90% in column-leach testwork.

Reasoning: The announcement details an upcoming exploration drilling program aimed at resource expansion and provides supporting metallurgical recovery data.

Positive factors

  • Planned 689-hole aircore campaign to extend resource
  • High recovery (>90%) from column-leach testwork
  • Low CAPEX strategy via off-site ore purchase agreements

Negative factors

  • Current resource grade is relatively low (0.52 g/t Au)

Facts used in scoring: 2

Classification and evidence

Heap Leach Routeneutral · Story-specific tag

Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.

Why it applies: The project targets a proposed heap-leach operation.

Evidence · text

“extend the life of a proposed heap-leach operation”

High Recoverypositive · Story-specific tag

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Column-leach testwork returned gold recoveries of more than 90%.

Evidence · text

“gold recoveries of more than 90%”

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Resource Estimates (1)

Fact 1Van Uden · goldTonnes: 1053000Grade: 0.52Grade Unit: g/tContained Metal: 17700Contained Unit: ozHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Van Uden
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
TG6

Resource scope

Estimate type
resource
Resource group id
resource:c3b828cd8e43435595b8

Resource Data

Tonnes
1053000
Grade
0.52
Grade Unit
g/t
Contained Metal
17700
Contained Unit
oz

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Existing resource baseline.

Negative factors

  • Low grade

Evidence · text

“1.053Mt at 0.52g/t Au for 17,700oz”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

Metallurgical Results (1)

column-leachVan Uden · goldRecovery: 90 %View all details
Link to this fact

Identity

Project
Van Uden
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
TG6

Test Work

Program Status
preliminary
Test Type
column-leach
Sample
laterite

Recovery

Recovery
90 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: Recovery of >90% is strong for a heap-leach/column-leach route.

Positive factors

  • High recovery rate

Evidence · text

“Column-leach testwork on the laterite returned gold recoveries of more than 90%”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.