Investor Presentation - RIU Sydney Resource Round-Up
Released
Released
Announcement PDF
ADVANCING HIGH-QUALITY GOLD AND LITHIUM
ASSETS TOWARD NEAR-TERM PRODUCTION
DUAL-COMMODITY GROWTH PLATFORM
GOLD PRODUCTION & LITHIUM DEVELOPMENT
IN WESTERN AUSTRALIA
TG Metals Limited | ASX:TG6
ABN 40 644 621 830
RIU Sydney Resource Round-Up | May 2026
Aerial view of Dieman Pit & Van Uden surrounds
ASX:TG6
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DISCLAIMER
This presentation has been prepared by TG Metals Limited. The information contained in this presentation is not investment or
financial product advice and is not intended to be used as the basis for making an investment decision. The presentation has been
prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. No
representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information,
opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of TG Metals Limited, its
directors, employees or agents, not any other person accepts any liability, including, without limitation, any liability arising out of fault
of negligence, for any loss arising from the use of the information contained in this presentation. In particular, no representation or
warranty, express or implied is given as the accuracy, completeness or correctness, likelihood of achievement or reasonableness or any
forecasts, prospects or returns contained in this presentation nor is any obligation assumed to update such information. Such forecasts,
prospects or returns are by their nature subject to significant uncertainties and contingencies. No representation is made that, in
relation to the tenements the subject of this presentation, TG Metals has now or will at any time in the future develop further
resources or reserves within the meaning of the Australian Code for Reporting of Exploration Results, Mineral resources and Ore
Reserves (The JORC Code).
Before making an investment decision, you should consider, with or without the assistance of a financial adviser, whether an
investment is appropriate in light of your particular investment needs, objectives and financial circumstances. You should have
consideration to the risks involved in investment in TG Metals Limited. By accepting this presentation, the recipient represents and
warrants that it is a person to whom this presentation may be delivered or distributed without a violation of the laws of any
jurisdiction.
This presentation is not to be disclosed to any other person or used for any other purpose and any other person who receives this
presentation should not rely or act upon it. Information contained in this presentation is confidential information and the property of
TG Metals Limited. It is made available strictly for the purposes referred to above. The presentation and any further confidential
information made available to any recipient must be held in complete confidence and documents containing such information may not
be reproduced, used or disclosed with the prior written consent of TG Metals Limited.
The material contained in this presentation does not constitute or contain an offer or invitation to subscribe for or purchase any
securities in TG Metals nor does it constitute an inducement to make an offer or invitation with respect to those securities. No
agreement to subscribe for or purchase securities in TG Metals will be entered into on the basis of this presentation.
COMPETENT PERSONS STATEMENT
The information in this presentation that relates to Mineral Resources is based on information compiled by Mr Lynn Widenbar, a
Competent Person who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Widenbar is a part-time Lead Resource
Geologist at Xenith Consulting. Mr Widenbar has sufficient experience that is relevant to the style of mineralisation and type of deposit
under consideration and to the activity that is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the
‘Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves’. Mr Widenbar consents to the inclusion
in the presentation of the matters based on his information in the form and context that the information appears.
Information in this presentation that relates to exploration results, exploration targets, geology, drilling and mineralisation is based on
information compiled by Mr David Selfe who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Selfe has sufficient
experience that is relevant to the style of mineralization and type of deposit under consideration and to the activities that he is
undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves. Mr Selfe has consented to the inclusion in this presentation of matters based on their
information in the form and context in which it appears. Mr Selfe considers that the information in this presentation is an accurate
representation of the available data and studies for the Van Uden Gold Project.
FORWARD LOOKING STATEMENT
This presentation contains certain statements that may constitute “forward looking statement”. Such statements
are only predictions and are subject to inherent risks and uncertainties, which could cause actual values, results,
performance achievements to differ materially from those expressed, implied or projected in any forward looking
statements.
Forward-looking statements are statements that are not historical facts. Words such as “expect(s)”, “feel(s)”,
“believe(s)”, “will”, “may”, “anticipate(s)” and similar expressions are intended to identify forward-looking
statements. These statements include, but are not limited to statements regarding future production, resources or
reserves and exploration results. All such statements are subject to certain risks and uncertainties, many of which
are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ
materially from those expressed in, or implied or projected by, the forward-looking information and statements.
These risks and uncertainties include, but are not limited to: (i) those relating to the interpretation of drill results,
the geology, grade and continuity of mineral deposits and conclusions of economic evaluations, (ii) risks relating to
possible variations in reserves, grade, planned mining dilution and ore loss, or recovery rates and changes in
project parameters as plans continue to be refined, (iii) the potential for delays in exploration or development
activities or the completion of feasibility studies, (iv) risks related to commodity price and foreign exchange rate
fluctuations, (v) risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or
delays in obtaining governmental approvals or in the completion of development or construction activities, and (vi)
other risks and uncertainties related to the Company’s prospects, properties and business strategy. Our audience
is cautioned not to place undue reliance on these forward-looking statements that speak only as of the date
hereof, and we do not undertake any obligation to revise and disseminate forward-looking statements to reflect
events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.
The Company believes that it has a reasonable basis for making the forward-looking Statements in the
presentation based on the information contained in this and previous ASX announcements.
The Company is not aware of any new information or data that materially affects the information included in this
ASX release, and the Company confirms that, to the best of its knowledge, all material assumptions and technical
parameters underpinning the exploration results in this release continue to apply and have not materially changed.
CAUTIONARY STATEMENT – VISUAL ESTIMATES
This presentation contains references to visual results and visual estimates of mineralisation. The Company draws
attention to uncertainty in reporting visual results. Visual estimates of mineral abundance should never be
considered a proxy for laboratory analyses where concentrations or grades are the factor of principal economic
interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical
properties relevant to valuations.
ASX:TG6
DUAL-COMMODITY PLATFORM WITH
NEAR-TERM PRODUCTION PATHWAYS
• Van Uden Gold Project - Established Asset with Restart Potential
• Historical production with a clear pathway to recommence mining
• Updated Mineral Resource Estimate (MRE) of 270,800oz, with ongoing
drilling targeting further growth*
• +7km of strike with strong exploration upside, including Gold City
• Lake Johnston Lithium Project - Advanced Development Opportunity
• Burmeister deposit advancing toward resource definition with drilling
planned and permitted
• Additional upside from Jaegermeister
• Strategic Location with Established Infrastructure
• Access to power, water, sealed roads, and
nearby processing facilities
ASX:TG6
* Refer to TG6 ASX Announcement dated 16 April 2026 and Appendices for full table
Location Plan of TG Metals Projects | Van Uden Gold Project & Lake Johnston Lithium Project
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ASX:TG6
Capital Structure
ASX:TG6
CORPORATE OVERVIEW
Shares on Issue
120.5M
Cash Balance
$1.7M
at $0.18 share price
Directors & Management
Richard Bevan
Brett Smith
Gloria Zhang
David Selfe
Nicki Farley
Non Exec Chairman
Non Exec Director
Non Exec Director
Chief Executive Officer
Company Secretary
Shareholder Composition
12 Month Share Price Performance
Market Cap
$21.1M
at 31 March 2026
65.5%
34.1%
Top 50 Shareholders Other Shareholders
ASX:TG6
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-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
$-
$0.050
$0.100
$0.150
$0.200
$0.250
$0.300
$0.350
$0.400
Volume A$ CPN Share Price
ASX:TG6
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Tier-1 Location
Forrestania Greenstone Belt – proven gold camp with significant gold
endowment and production history
Demonstrated Production History
Two shallow open pits, existing stockpiles and gold mineralisation from
surface
Expanding Resource Base
270,800oz* with mineralisation open along >7km strike, and at depth
Strategic Infrastructure Advantage
Within 100km via sealed and unsealed roads to multiple third-party
processing facilities
Clear Pathway to Production
Granted mining leases support a low-risk, rapid restart opportunity.
VAN UDEN GOLD PROJECT
– ESTABLISHED ASSET WITH NEAR-TERM RESTART POTENTIAL
* Refer to TG6 ASX Announcement dated 16 April 2026 and Appendices for full table
Location of the Van Uden Gold Project tenement, Western Australia
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ASX:TG6
VAN UDEN
– GROWING RESOURCE WITH STRONG UPSIDE
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• Current Mineral Resource
7.94Mt @ 1.1 g/t Au for 270,800 oz1 (JORC 2012)
• Pit-constrained resource with 56% Indicated category
• Mineralisation remains open along strike and down dip, new drill
hits 550m south of MRE and below MRE
• High-grade zones consistently intersected2:
Drilling continues to deliver scale, continuity and
extensions
1. Refer to TG6 ASX Announcement dated 16 April 2026 and Appendices for full table
2. Refer to TG6 ASX Announcements dated 20 October, 18 November 2025 and 16 February 2026
Conceptual Pit Outline
• 10m @ 4.98 g/t Au
• 15m @ 4.06 g/t Au
• 8m @ 2.74 g/t Au
• 30m @ 1.60 g/t Au
• 15m @ 2.22 g/t Au
• 13m @ 2.48 g/t Au
ASX:TG6
April 2026 Van Uden resource model in plan view with A$6,000/oz pit shell 6
ASX:TG6
VAN UDEN
– SIGNIFICANT STRIKE EXPANSION POTENTIAL
• Extensive soil sampling defines a gold-in-soil anomaly extending
~6.5km1 plus additional northern tenure increasing total strike to
~7.0km
• First drilling 550m south2 of current MRE delivered new discovery
o 3m @ 3.46 g/t Au and 11m @ 1.19 g/t Au
• Multiple additional targets identified along the Van Uden shear zone to
the west and south including potential additional laterite
• A large and continuous gold system is being defined across the project
area
Expansion from 2.5km to ~7.0km of strike presents
significant shallow gold opportunities
1. Refer to TG6 ASX Announcement dated 9 September 2025
2. Refer to TG6 ASX Announcement dated 20 January 2026
Conceptual Pit Outline
ASX:TG6
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Van Uden soil anomalies over +6.5km strike
ASX:TG6
VAN UDEN
- RESOURCE EXPANSION AND UPGRADE
• Shallow drilling at the northern
extent remains open, highlighting
further growth potential
• Infill and step-out drilling continues
to deliver strong results across the
system
• Updated MRE has increased the
proportion of Indicated resources
particularly the laterite
• Results are now supporting mine
design and development studies
ASX:TG6
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Van Uden resource model in plan view and cross sections through the model at Dieman (section A-A’) and Zeehan (section B-B’)
ASX:TG6
VAN UDEN
- PATHWAYS TO PRODUCTION
• Metallurgical testwork underway, assessing toll treatment offsite and
heap leach processing onsite
• Initial Laterite heap leach recoveries 88% after 35 days*, more than
50% recovery after 15 days
• Laterite resource of 1,053,000 tonnes @ 0.52 g/t Au for 17,700oz**,
targeted for on-site processing
• Laterite mineralisation supports a low capital and operating cost
development pathway - no prestrip, rapid leach kinetics, low
operating costs
• Toll treatment options available at established third-party processing
plants for the remaining resource
• Applications for Laterite Mining Proposals underway
• Mining Proposal for stockpiles approved
* ASX announcement 30 April 2026
** Refer to Appendices for full MRE table
Two-pronged development strategy combining third-party
processing and potential owner-operator pathways
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Column Leach testwork at IMO Laboratories proving up Heap Leach recoveries and performance
ASX:TG6
VAN UDEN - GOLD CITY PROSPECT
- EMERGING SATELLITE OPPORTUNITY
1. Refer to TG6 ASX Announcement dated 7 August 2025
2. Refer to TG6 ASX Announcement dated 25 November 2025
ASX:TG6
• Located approximately 20km south of the Van Uden Project
• Numerous historical gold workings at the “Downtown” area
• Multiple gold lodes defined from limited historical and
recent drilling including:
• 14m @ 2.26g/t Au1 from 20m;
• 25m @ 1.09g/t Au1 from 18m; and
• 15m @ 1.48g/t Au2 from 20m
• Strong drilling results confirm the presence of a mineralised
system
• Significant potential to add additional resource ounces to the
broader Van Uden Project
• Mineralisation remains open along strike and at depth
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Gold City Prospect Location Map showing inset of drilling coverage at Gold City
ASX:TG6
VAN UDEN - GOLD CITY PROSPECT
- SIGNIFICANT EXPLORATION UPSIDE
• Extensive untested gold-in-
soil anomalies identified
across the prospect area
• Expansion of soil anomalies
to the northeast of historical
workings
• New drilling indicates a
potential plunge direction to
the northeast
• Multiple mineralised lodes
intersected in the majority of
drill holes
• Gold mineralisation remains
open in all directions
Further work will focus on defining mineralisation controls
and testing potential repetitions at depth
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A zoom into the Gold City inset on the previous page showing the drilling intercepts and the soil anomaly.
Cross section A-A’ featuring the recent Gold City drilling
ASX:TG6
• High-grade drill intercepts support the scale and quality of
the system including:
• 23.5m @ 1.52% Li2O, from 127.4m
• 20.0m @ 1.38% Li2O, from 120.0m
• 20.0m @ 1.13% Li2O, from 129.0m
• Metallurgical testwork confirms the ability to produce SC6
concentrate
• Patent application to protect IP of hybrid flowsheet
LAKE JOHNSTON LITHIUM PROJECT
- SIGNIFICANT HARD ROCK LITHIUM OPPORTUNITY
* ASX announcement 1 May 2024
Tonnes Range
Low
Tonnes Range
High
Li2O Range
Low (%)
Li2O Range
High (%)
15.6 million 20.1 million 0.97 1.19
Burmeister Exploration Target Statement*
At 0.4% Li2O cutoff
The Exploration Target quantity and grade is conceptual in nature. There has been insufficient
exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the
estimation of a Mineral Resource. The Target is based on the Company’s resource definition drilling
undertaken since discovery in October 2023. The current drill hole density (spacing between holes) at
Burmeister is not considered sufficient to determine a Mineral Resource.
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Burmeister Lithium deposit model with US$2,500/tonne SC6 pit shell. Long Section through the Burmeister deposit.
ASX:TG6
LAKE JOHNSTON
- ONGOING GROWTH AND EXPANSION POTENTIAL
• Jaegermeister emerging as a second
lithium deposit of similar scale to
Burmeister
• Mineralisation remains open in all
directions
• Strong initial drilling results support
further resource growth potential
• Best drill intercepts*:
• 10m @ 1.19% Li2O, from 73.0m
• 6m @ 1.38% Li2O, from 76.0m
• 4m @ 1.51% Li2O, from 85.0m
* ASX announcement 9 August 2024
Targeting a long-life, open-pittable, standalone
lithium operation
ASX:TG6
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Plan view of Jaegermeister showing drill intercepts.
Cross section E.E’ through Jaegermeister.
ASX:TG6
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DEVELOPMENT STRATEGY
PATHWAY TO GROWTH AND PRODUCTION
ASX:TG6
Gold Development
Streams
• Updated Van Uden MRE forming
the basis for mine design,
including the Laterite Heap Leach
Project and ultimate pit
development
• Metallurgical gold testwork
underway to underpin process
design and advance toward
feasibility
• Stockpile Mining Proposal (SMP) in
place, progressing toward Mining
Proposal for on-site laterite
processing
.
Resource Growth and
Project Advancement
• Ongoing drilling programs
targeting extensions along strike
and at depth to support future
mine life
• Continued advancement of
satellite opportunities, including
Gold City, to enhance overall
resource inventory
• Resource growth aligned with
development planning to optimise
project scale and economics
Lithium Development
and Strategic Pathways
• Progressing Lake Johnston lithium
assets through alternative
financing and project partnering
strategies
• Advancing Burmeister toward
resource definition with further
drilling
• Evaluating development pathways
to unlock long-term value from
lithium assets
ASX:TG6
KEY VALUE DRIVERS
- UNLOCKING SHAREHOLDER VALUE
TG Metals is advancing a dual-commodity portfolio through resource growth, development
studies and clear pathways to production. Ongoing drilling and recent MRE updates are
expanding the Van Uden gold system, while metallurgical work and permitting progress
support a low-capex restart strategy. In parallel, Lake Johnston presents a scalable lithium
opportunity alongside near-term gold production.
Near-Term Gold
Production
• Clear pathway to gold
production
• Low-capex restart
strategy
• Multiple processing
options (toll + onsite)
• Early cashflow from
laterite and stockpiles
Scale and Resource
Growth
• 270,800oz MRE with
expansion upside
• Mineralisation open along
strike and at depth
• +7km gold system with
strong exploration
potential
• Satellite growth from
Gold City
Long-Term
Optionality
• Dual exposure to gold and
lithium
• Long-term ore supply to
regional plants
• Potential own plant or co-
ownership
• Scalable lithium
development at Lake
Johnston
ASX:TG6
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FOR MORE INFORMATION
David Selfe – CEO
Email: dselfe@tgmetals.com.au
Richard Bevan - Chairperson
Email: rbevan@tgmetals.com.au
ASX:TG6
Address: Level 2, Suite 3, 28 Ord Street, West Perth 6005 WA
Email: info@tgmetals.com.au
Phone: +61 8 6211 5099
Website: www.tgmetals.com.au
ASX:TG6
APPENDICES – VAN UDEN MINERAL RESOURCE ESTIMATE
OPEN DOWN
DIP, AND
ALONG
STRIKE
Notes to Resource Table:
• The MRE is estimated with all available drilling data as at 1 April 2026 and reported at a 0.1g/t Au cutoff
for laterite and 0.30g/t Au cutoff for all other material typres.
• MRE reported in ASX announcement 16 April 2026
• The MRE is reported in accordance with the JORC Code 2012 Edition
• Rounding may lead to minor apparent discrepancies
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