$2.6 Million Placement for Gold Exploration and Development
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$2.6 Million Placement for Gold Exploration and Development
TG Metals is pleased to announce it has received firm commitments to raise A$2.6 million via a Placement, providing the funding needed to fast-track exploration and development at our Van Uden Gold Deposit.
💰 Use of Funds: ▪️ Infill and extensional drilling at Van Uden – where the existing Mineral Resource Estimate remains open along strike and at depth ▪️ Acceleration of exploration at the Gold City Prospect ▪️ Advancing plans to treat gold-mineralised stockpiles through nearby mills, unlocking potential near-term cashflow
With limited drilling in the past decade, this raise marks a pivotal moment to unlock the value of our highly prospective gold assets.
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