Announcement PDF ASX ANNOUNCEMENT RELEASED 29 SEPTEMBER 2026 1: ASX Announcement 9 July 2026 2: MRE – See Table 3 3. Net of State and private royalties Scoping Study Outlines Material Near Term Cashflow Opportunity through Low Capex Treatment of Van Uden Laterite Gold ■ At-surface, gold-bearing laterite material assessed as a potential low-cost, near term heap leaching production opportunity at the Van Uden Gold Project in Western Australia ■ The current gold bearing laterite Mineral Resource Estimate (MRE)2 contains ~1.1Mt @ 0.52g/t Au for 17,700oz of gold, with significant opportunity to grow the laterite Resource. ■ Scoping Study based on Laterite MRE comprising ~90% Indicated Resources ■ Excellent initial financial metrics for the Scoping Study include: o 250,000 tonnes per annum heap leach operation over an initial circa 3 year mine life for total recovered gold of ~13,630 ounces at a 90% gold recovery o Initial Life of Mine Net Revenue3 of ~A$83.2 million o Pre-tax free operating cashflow of ~A$48.3 million o Forecast average All-In-Sustaining-Cost (AISC) of A$2,835/oz o Pre-production capital cost of A$14.2 million (including contingency) o Pre-tax NPV8 of ~A$26.8 million o Pre-tax IRR of ~121% o Payback Period of ~12 months ■ Significant potential upside and expansion opportunities include: o Recently identified large scale mineralised laterite targets outside the current MRE are currently being drilled to grow the resource to increase inventory and mine life o An additional 62,400oz of gold2 (~1.85Mt @ 1.05g/t Au) of transitional material is considered prospective for heap leach extraction and may be included in future development scenarios ■ Early stage discussions have commenced for non-dilutive financing solutions to fund potential capital costs associated with the Van Uden Heap Leach Project. Discussions are preliminary and there is no certainty that a non-dilutive funding solution will be concluded ■ Enhancement Studies continue to assess opportunities for further improvement ■ Key workstreams underway include: o Resource expansion drilling to extend existing defined laterite mineralisation1 ; o Heap leach metallurgical testing of transitional material; and o Evaluation of larger-scale heap leach development options. ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 2 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 Cautionary Statement – Scoping Study The Scoping Study referred to in this announcement is a preliminary technical and economic assessment of the potential viability of a heap leach development at the Van Uden Gold Project. The study has been completed to an accuracy level appropriate for a Scoping Study and is based on low-level technical and economic assessments. It is insufficient to support the estimation of Ore Reserves or to provide assurance of an economic development case at this stage. The Scoping Study is based on laterite resources comprising Indicated (89.8%) and Inferred (10.2%) Resources. There is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the conversion of Mineral Resources to higher confidence categories or that the production targets outlined in this announcement will ultimately be realised. The production targets and forecast financial information referred to in this announcement are based on assumptions detailed in the Scoping Study and there can be no assurance that all assumptions will prove correct, or that the outcomes indicated by the study will be achieved. To achieve the range of outcomes indicated in the Scoping Study. Funding in the order of A$15 million will likely be required. Investors should note that there is no certainty that TG Metals will be able to raise that amount of funding when needed. It is also possible that such funding may only be available on terms that may be dilutive to or otherwise affect the value of TG Metals existing shares. Given the uncertainties involved, investors should not make any investment decisions based solely on the results of the Scoping Study. This announcement has been prepared in accordance with the JORC Code 2012 Edition and the ASX Listing Rules. All material assumptions on which the forecast financial information is based have been included in this announcement and are also outlined in the attached JORC Table disclosures. Image 1 – Surface Laterite at Van Uden ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 3 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 TG Metals CEO, Mr. David Selfe stated; “The Scoping Study results show an excellent on-site processing pathway to production that can generate significant free cashflow in comparison to our market capitalisation at a low upfront capex. This will in turn set up the Van Uden Project for further expansion both on the heap leach proposal and into the Van Uden primary gold deposit. The Scoping Study has been completed with a conservative approach that has the potential to be further enhanced by applying increased material heap heights and expansions to existing laterite resources via infill and extensional drilling. In addition, a heap leach operation can easily co-exist with the future larger insitu pit development, potentially providing two income streams from the one Van Uden project area, maximising the available gold resources.” Figure 1 – Van Uden Laterite, Showing New Auger Drilling Collars, Significant Intercepts and Mineralised Laterite Trends ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 4 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 Overview The Scoping Study demonstrates potentially excellent financial metrics for the Van Uden Laterite Project (Table 1) based on a stand-alone open pit mine supplying at surface gold bearing laterite material to a conventional crush, screen, agglomerate and heap leach processing operation. The Company considers the Van Uden Laterite Project to be technically low risk given an extremely low strip ratio and demonstrated high processing recoveries from the Company’s own testwork. The Scoping Study was completed to an overall +/- 35% accuracy using key parameters and assumptions set out in Table 1 and further described in Chapters following. The main study activities include the following outsourced activities: • Supply and delivery of heap leach plant • Construction of heap leach pads • Mining of laterite and haulage to the heap leach plant • Installation of a mobile mining camp at the Van Uden site Physical And Financial Summary The Scoping Study demonstrates a robust economic case, generating a total operating pre-tax cashflow of A$48.3M over an initial ~3 year mine life at an AISC of A$2,835/oz. Current market conditions have been factored into the Scoping Study costs and show that the Van Uden Laterite project is expected to be highly competitive alongside other active WA gold operations. A gold price of US$4,400/oz, at a 0.7 AUD/USD exchange rate, has been used in the Scoping Study in a continually strong gold market. Table 1: Life of Mine Summary Cash flow and returns Life Of Mine Net Revenue (net of state and private royalties) A$ 83,180,970 EBITDA A$ 48,356,526 Life of Mine Capex (inc sustaining and closure costs) A$ 15,500,349 Project Cashflow - pre-Tax A$ 32,856,177 Project Cashflow - post-Tax A$ 22,769,316 NPV pre-tax A$ 26,837,195 IRR pre-tax % 121.7% Pre-tax payback (from first production) Months 12.1 Mths NPV post-tax A$ 18,099,363 IRR post-tax % 86.5% Post tax payback (from first production) Months 14.0 Mths ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 5 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 Table 2: Life of Mine Physicals Operating Costs Life Of Mine Life Of Mine/oz sold Mining A$ 7,562,893 555 Heap Leach Processing A$ 16,399,064 1,203 G&A A$ 9,793,460 719 Grade Control A$ 943,259 69 Ore Differential A$ 125,768 9 Total C1 Costs A$ 34,824,444 2,555 CAPEX Depreciation A$ 15,500,349 1,137 Total C2 Costs A$ 50,324,793 3,692 Total Royalties A$ 2,492,301 183 Total C3 Costs A$ 52,817,094 3,875 Sustaining Capex A$ 820,588 60 Mine closure A$ 500,000 37 Less: CAPEX Depreciation A$ -15,500,349 -1,137 All-in-Sustaining Cost A$ 38,637,333 2,835 Capital Costs Life Of Mine Development Capital (inc contingency) A$ 14,179,761 Sustaining and Deferred Capital A$ 820,588 Mine Closure A$ 500,000 Total A$ 15,500,349 Life Of Mine Month Total Material Mined tonnes 1,210,063 40,335 Total Waste Mined tonnes 443,751 14,792 Total Ore Mined tonnes 766,311 25,544 Strip ratio x 0.6 0.6 Ore processed tonnes 766,311 19,649 Ore Grade g/t 0.61 Gold Recovery % 90% Final product oz 13,630 349 Life Of Mine Months 30 Construction period Months 4 Operation period Months 39 ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 6 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 Figure 2 – Project Free Cashflow Figure 3 – Life of Mine Operating Costs Breakdown By Activity ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 7 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 Opportunities There are multiple potential opportunities to build and enhance on the Scoping Study including: • Increasing laterite resources on existing Mining Leases via infill and extensional drilling of previously defined laterite surface occurrences • Utilising other mineralisation types, including transitional material for inclusion in the heap leach • Increasing production rates by increasing heap height from the current assumed 4m • Parallel Toll Milling and/or Ore Purchase for the primary resource to share mining and administration costs and add second revenue stream Risks The risks are mainly external to the Van Uden Laterite Project and include: • Commodity price and volatility risk including foreign exchange rate (FOREX) • Diesel price, the current high diesel price environment impacts energy and mining costs • Personnel sourcing, high industry wide demand for mining personnel ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 8 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 Introduction TG Metals is seeking to develop the Van Uden Gold Heap Leach Project (the Project) by constructing and operating the proposed mine and associated infrastructure. The Project includes open-pit mining, a gold heap leach processing plant for the loading of gold onto carbon to be stripped at a commercial carbon stripping plant and doré produced refined at the Perth Mint. The heap leach operation includes a demonstration heap followed by a full commercial operation. The heap leach operation includes reclaiming laterite mineralised ore crushing, screening, agglomeration, stacking and heap leaching. The loaded carbon is recovered, screened, dewatered, bagged and transported to a custom carbon stripping facility for further processing. Following heap “washing” the leached residue is recovered from the heaps and returned to the mined pits, residue storage facility (RSF). The in-pit residue storage facility, and supporting infrastructure includes water bores and treatment, power supply to the site, utilities, maintenance facilities, stores and minor administrative buildings including change rooms, bathroom, office and consumables and reagents storage facilities. A camp will be installed at site to accommodate the mine and process Plant workforce. The Project will process 0.25 million tonnes per annum of run of mine (ROM) gold mineralised laterite, producing approximately 70 tonnes per annum of gold loaded carbon containing circa 4,000 oz of gold per annum. The recovered carbon will be packed into 2 tonne bulka bags and transported by truck to the custom carbon stripping facility for downstream processing to strip the loaded gold, produce doré to be transported to the Perth Mint for refining. The gold bullion to be sold on market. Van Uden Gold Project contains 1.1 Mt resource of gold laterite with an average grade of 0.52 g/t gold. The Project has an initial Life of Mine (LOM) of ~3 years from the current existing resource base with a further upside to be determined from the current resource drilling program. TG Metal’s objective for the Van Uden Gold Heap Leach Project focus was to complete a Scoping Study to define the heap leach design, capital and operational cost (to -35% / +35% level of accuracy) associated with constructing and operating of the facilities of the mine, processing plant, RSF and required infrastructure for the Project and prepare a project execution plan. Study Parameters The Van Uden Gold Heap Leach Project is considered a brownfields project located on disturbed land and summarised scope below: ■ Mine: open pit with new and existing waste dumps, mine infrastructure, including change rooms office and workshop. Mining will be undertaken by mining contractors using conventional equipment such as trucks, bulldozers and water trucks. The laterite mineralisation is considered free dig material and no drilling and blasting is required. ■ Process plant for 0.25 to 0.5 Mt/a average ROM feed capacity which includes: o Crushing, screening conveyors and a crushed ore bin; o Agglomeration, conveying and ore stacking; o Leaching in an ILS/PLS configuration; o Carbon recovery and dewatering; o Carbon storage, bagging and transport. ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 9 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 ■ An in-pit residue storage facility to store an initial four years of in-pit tailings residue storage with the ability to increase to include the blue sky. The in-pit residue facility includes run-off recovery, pump to recycle water to the process plant; ■ Raw water supply is supplied from a nearby bore pump and onsite water storage; ■ Power supply is supplied by on site diesel powered gensets; ■ The project will install 35 rooms for staff and contractors onsite that includes a dry and wet mess, bathrooms and recreational facilities; ■ The workforce will be Drive-in/Drive-out from Perth; ■ General infrastructure: such as offices, workshops, warehouse with day storage areas at the process plant and mining services areas, control rooms, and laboratory. Study Team The key contributors to this study are shown in the table below. Table 3.- Study Contributors Contributor Scope Widenbar & Associates Geology and Mineral Resource Estimate Mining Consultants Mining Optimisation and Scheduling (including capital and operating estimates) Independent Metallurgical Operations Pty Ltd (IMO) Metallurgical testwork management and interpretation Engineering Services Contractor Process plant (including capital and operating costs), plant infrastructure, preliminary execution plan and schedule WSP Australia Heap leach design and residue storage facilities, geotechnical, site water modelling, residue disposal and surface water management plan Environmental Consulting Environmental management and compliance TG Metals General and administration costs, sustaining costs, closure costs Futura Capital Financial modelling ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 10 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 Project Location And Access The Project is located in Western Australia (Figure5), 120 km south-west of Southern Cross- Forrestania Greenstone belt, about 90 km northeast of Hyden. The site is accessed via a sealed road from the Southern Cross turn-off from Great Eastern Highway and a sealed road from Hyden along the Brookton Highway almost to the mine site. The greater area around the TG Metals tenements has active mine sites for gold, nickel and lithium. Some agricultural activities are supported around Southern Cross and Hyden. The immediate area surrounding TG Metals tenements is previously disturbed land, Figure 4. Figure 4: Van Uden Gold Heap Leach Project Located in Western Australia on Previously Disturbed Land ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 11 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 Elevations range from 305 m to 380 m (average 350 m) across the location of the proposed mine site adjacent to the gold mineralisation. Figure 5: Van Uden Gold Heap Leach Project Relative Location in Western Australia ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 12 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 Tenements And Approvals Tenements The Van Uden Gold Heap Leach deposit is located on tenements M77/0477 and M77/0478. These are part of a larger Gold Project that includes E77/1361, E77/1535, E77/1582, L77/271, L77/299, L77/372, P77/4701, M77/477, M77/478, M77/522, and M77/523. Details of the tenements are summarised in Table 4 below. Table4 Van Uden Gold Heap Leach Project TG Metals Tenement Details Tenement Grant Date Renewal Date Owner Area E77/1361 15/03/2011 14/03/2027 TG Gold, Barto* 19 BL E77/1535 15/03/2011 14/03/2027 TG Gold, Barto* 10 BL E77/1582 01/02/2010 31/01/2028 TG Gold, Barto* 1 BL L77/271 04/07/2018 03/07/2039 TG Gold Pty Ltd 100% 12.72 HA L77/299 10/11/2021 09/11/2042 TG Gold Pty Ltd 100% 4.53 HA L77/372 07/07/2026 06/07/2047 TG Gold Pty Ltd 100% 3.46 HA P77/4701 27/10/2025 26/10/2029 TG Gold Pty Ltd 100% 74.29 HA M77/477 31/08/1990 30/08/2032 TG Gold, Barto* 620.95 HA M77/478 31/08/1990 30/08/2032 TG Gold, Barto* 620.30 HA M77/522 11/10/1991 10/10/2033 TG Gold, Barto* 529.15 HA M77/523 11/10/1991 10/10/2033 TG Gold, Barto* 449.15 A (* refers to TG Gold Pty Ltd at 80% Ownership and Barto Gold Mining Pty Ltd at 20%) Figure 6 shows the location of the Van Uden Gold Heap Leach Project. The mining leases cover the prospective gold mineralisation area sufficient to provide tonnages of mineralised gold bearing laterite to support a minimum of 3-year gold heap leach project. Additional resources to be proven by drilling currently underway, will support a further 3 years of operation. The existing mineral resource estimate underpins the scoping study. ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 13 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 Figure 6: Van Uden Gold Heap Leach Project Layout A works approval and mine development and closure plan (MDCP) will be prepared and lodged with the regulator to secure project approvals. A Pre-Feasibility Study (PFS) will also be progressed in parallel to support a mineral ore reserve estimate. ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 14 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 Geology And Mineralisation The Van Uden Project area is located within the Forrestania portion of the Southern Cross- Forrestania Greenstone Belt. This is a north-north-westerly trending crustal domain that extends for over 300 km, from Carterton in the north to Hatters Hill in the south. The Southern Cross Belt is considered to incorporate the greenstone rocks adjacent, and to the north of, the Intrusive Parker Dome. The Forrestania Greenstone Belt is considered to comprise the remainder of the Greenstones to the south of the Parker Dome. The Forrestania Greenstone Belt contains two distinct geological packages; a younger mafic- ultramafic suite intercalated with a sequence of immature clastic sediments (“Package 1”), and an older mafic-ultramafic sequence (“Package 2”). Both packages are regionally folded into a north-plunging synform with steep west, and shallow east dipping limbs. This fold pattern produces three regionally recognisable zones; these being the Eastern, Central and Western Domains. The basal rocks of the “Eastern Domain” comprise a thick sequence of tholeiitic basalts with minor high-Mg basalt flows and exhalative sediment interflow horizons. These are overlain by the 600m thick “Bounty Sequence” comprising a lower komatiitic high MgO olivine mesocumulate, an upper komatiitic low MgO pyroxenite with locally developed gabbroic differentiates and intercalated BIFs, and all overlain by high MgO basalts. The Basal rocks of the “Western Domain” comprise a relatively thin sequence of clastic to arenaceous metasediments. They are overlain by a thick ultramafic sequence comprising a lower komatiitic high MgO olivine orthocumulate, and an upper komatiitic low MgO pyroxenite with locally developed gabbroic differentiates and intercalated interflow sediments. These are overlain by a thick sequence of high MgO basalts with associated interflow sediments. Thus both the Eastern and Western Domains are essentially similar in composition and genetically related. Between these two related Domains is the stratigraphically upper sequence of +1000m thick pelitic sediments of the Central Domain. These sediments form the top of the Forrestania Belt Sequence of greenstones and are dominantly pelitic and psammitic schists with minor iron rich garnet bearing units, thin BIF lenses and bands of graphitic/carbonaceous schists. Outcrops of these sediments is sparse and forms low quartz scree covered rises. Local intense laterization, especially at the Domain contacts, has allowed the formation of hardcap plateaus that appear as distinct topographic highs and “ridgelines”. Major shear zones are recorded within the Forrestania Belt and separate the three domains. The Mt Holland Shear defines the Central and Eastern Domain’s contact. Likewise, the Van Uden Shear separates the Central and Western Domains. These converge in the southern part of the Greenstone Belt roughly halfway between the Flying Fox mine and the Cosmic Boy Mine and effectively pinch out the Central Domain. Additional shear zones are recorded as both parallel and cross-cutting stratigraphy dominantly orientated north south; and north north-west to south south-east. The Forrestania Greenstone Belt was metamorphosed to amphibolite grade facies under static conditions with preservation of primary textures and structures. Localised zones of annealed (retrograde) greenschist facies are seen in some areas. The belt is enclosed by ovoid syngenetic granite-gneiss complexes, and their emplacement has folded the rocks along anticlinal/synclinal axis that trend NNW. Some E-W compression is seen on the belt margins adjacent to the ovoid ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 15 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 granitic complexes due to emplacement “ballooning”. Numerous roughly east-west striking Proterozoic dolerite dykes cross-cut the north trending granite-greenstones). These are concentrated into a regular grouped spacing of approximately 1.2km. They have a spatial association with gold mineralisation, but postdate the main gold mineralisation timing, and may represent the major crustal features that created these Mesothermal fluid pathways The Van Uden gold deposit covers a 2.5 km long section of the 54 km long Van Uden Shear Zone. This shear zone is host to other notable nearby gold deposits including Teddy Bear to the north and Bad Bat East to the south. The shear dips to the East at between 40 to 50 degrees Mineralisation At Van Uden, gold mineralisation occurs in six historic localities now incorporated into a continuous single zone. These localities from north to south are Dieman (pit) Heems, Kirk, Piglet, Tasman (pit) and Zeeman. The intrusive Binneringie Dolerite crosscuts the greenstone belt north of the Dieman area. Mineralisation occurs at or peripheral to the Van Uden Shear, in both Mafic/Ultramafic rocks of the Western Domain and finer grained metasediments of the Central Domain. Horizontal faulting with 20-30m of sinistral offset is developed near surface and is especially evident in the southern and northern parts of the Van Uden gold deposit. This flat faulting has allowed for open space development along the Van Uden Shear and hosts the thickest zones of gold mineralisation. Laterite development is strongest over the top of the flat zones where they occur near current topographic surface. Three styles of gold mineralisation are recognised at Van Uden: • Primary gold-sulphide mineralisation (Figure 8) within quartz veining and associated alteration within sediments of the Central Domain and Mafics of the Western Domain. • Secondary oxide and transitional mineralisation (Figure 8) with a very thin zone of gold depletion seen in the pallid zone. • Laterite mineralisation (Figure 7) within residual pisolite rich gravels with minor induration of ferricrete (and to a lesser degree calcrete). Additionally, four structural styles to mineralisation in both Primary and Secondary settings are identified: • Van Uden Shear “Feeder Zone” style, which can be high grade and mostly between 2 m to 5 m thick • Flat Fault Zone style, which can be between 2 m to 20 m thick. • Open space sigmoidal dilation mineralisation developed above and below the Van Uden Shear/Flat fault interface, and thickest with the sediments of the Central Domain and dips to the east. • Brecciated dilation zone mineralisation seen in the Tasman Pit area, developed west of the Van Uden and dips to the west. Laterite mineralisation is hosted in Goethite dominant Pisolitic surface gravels formed via weathering laterisation. The Pisolites are 5mm to 20mm in size, with some larger pisolites formed via accretion of 2 or more together into 1. Interstitial grit is decomposed rock and soil material. There appears to be minimal induration throughout, mostly attributed to the laterites location ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 16 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 being generally on topographical highs (no ponding of water which is the cause of cementation induration). Minor silcrete rich pisolites are observed, more numerous in laterite over top of sediments. Gold mineralisation appears to be as coatings and interstitial to the pisolites, which allows for excellent dissolvability via leaching fluids. Figure 7: MRE showing the Laterite Domain minus the Insitu Domains ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 17 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 Figure 8: MRE showing the the Insitu Domains minus the Laterite Domain ASX ANNOUNCEMENT I RELEASED 29 SEPTEMBER 2026 ________________________________________________________________ 18 TG METALS LTD ASX TG6 ABN 40 644 621 830 Level 2, Suite 3 28 Ord Street West Perth WA 6005 T: +61 8 6211 5099 Mineral Resource Estimate The MRE for the Van Uden Gold Project is reported in accordance with The JORC Code (2012 Edition) and was reported to the ASX on April 2026. The MRE statement also relates to Reasonable Prospects for Eventual Economic Extraction (RPEEE) estimates of in situ tonnes and grade, with the relative accuracy and confidence level in the MRE results reflected in the reporting of the Mineral Resources as Indicated and Inferred. The MRE is reported from all blocks within the interpreted gold cut-off mineralised zone envelopes that fall within the Indicated and Inferred classification zones Table 5: MRE Van Uden Gold Project NOTES: The Mineral Resources statement conforms to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) 2012 Edition. All tonnages are dry metric tonnes. The laterite portion of the mineralisation has been reported at a cut-off grade of 0.10 g/t Au by area within a A$6,000/oz Au optimised pit shell. All other material types are reported at a cut-off grade of 0.30 g/t Au by area within a A$6,000/oz Au optimised pit shell based on mining parameters and operating costs typical for Australian open pit extraction deposits of a similar scale and geology. Minor discrepancies may occur due to rounding of appropriate significant figures. The resources comply with the Reasonable Prospects for Eventual Economic Extraction (RPEEE), a key principle in mineral resource reporting that requires the competent person to demonstrate that a mineral deposit has the potential to be economically extracted in the future Geotechnical Surface geotech testwork or analysis was completed to support the scoping study assumptions. The risk was considered low as the mine pits are <4m at their deepest point and the heap leach process plant has little equipment that require major civil work. The vendor recommended crushing circuit is skid mounted. The scoping study has assumed no concrete pa