Higher Recoveries Enhance Van Uden Gold Project
Released
Released
Announcement PDF
ASX ANNOUNCEMENT
RELEASED 14 MAY 2026
Exceptional Recoveries Further Improve to Over 90%
Enhancing Near Term Heap Leach Cash Flow
Opportunity for Van Uden Gold Project
Highlights
TG Metals Limited (TG Metals or the Company) (ASX:TG6) is pleased to provide an update
on further results from column leach metallurgical testwork underway for the Van Uden Gold
Project in Western Australia. Current Laterite Resource that could be initially utilized in the
heap leach operation is 1.05 Mt @ 0.52 g/t Au for 17,700 ounces*. A further 1.85 Mt @ 1.05
g/t au for 62,400 ounces** in transition material may also be amenable to heap leach. Multiple
laterite targets have been identified from soil sampling that has the potential to double the
current laterite resource should planned drilling be effective in defining laterite gold
mineralization.
* See Table 1 ** See Table 2
■ Column leach testwork on Laterite gold mineralisation increases
recoveries to over 90% after a short 52 day leaching period
■ This is a further increase to the 88% recoveries achieved after a 35 day
leaching period
■ Exceptional recovery trends demonstrate:
o Excellent amenability and high gold recoveries through short term
heap leach treatment
o Likely positive grade reconciliation to ore treated
■ Current Laterite Resource that could be initially utilized in the heap
leach operation is 1.05 Mt @ 0.52 g/t Au for 17,700 ounces*
■ The Company also expects a further 1.85 Mt @ 1.05 g/t au for 62,400
ounces** in transition material may also be amenable to heap leach
■ Multiple additional laterite mineralisation targets have been identified
across the Companies extensive tenure which could add additional ore
to the heap leach operation
■ Works underway to accelerate Project start up:
o Lodgement of Mining Proposal expected to occur imminently
o Mining contractor engagement has commenced for laterite mining
and earthworks construction
o Scoping Study outcomes to be announced released in Q2 2026
o Equipment sourcing has commenced
■ Final Investment Decision on track to be made in Q3 2026
ASX ANNOUNCEMENT I RELEASED 14 MAY 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
W: www.tgmetals.com.au
TG Metals CEO, Mr. David Selfe stated;
“The heap leach testwork has continued to outperform expectations and reinforces our high
level of confidence of favourable outcomes for a heap leaching operation on over one million
tonnes of Laterite within the Van Uden gold deposit (see Table 1).
Achieving high gold extractions comparable to or better than carbon in leach (CIL) Plants,
reinforces the strategy of onsite gold processing for the laterite component of the Van Uden
deposit. Processing onsite has the advantages, via heap leach, of no or transport costs, no
grinding costs, no tailings dam costs. On the back of the results so far we have sourced
potential used equipment to accelerate the startup of the heap leach project. We are also
moving ahead with mine designs which take in the entire laterite resource.
The Laterite is at surface, so requires no pre-stripping, minimal handling and a potential onsite
facility means no transport costs. The focus is on delivering low mining costs, coupled with
the low upfront capital and operating costs via a heap leach processing pathway.”
Gold Heap Leach
As stated in the initial gold heap leach results announcement 30 April 2026, the Laterite
resources at Van Uden are well suited to onsite heap leaching due to their physical
characteristics allowing excellent percolation and rapid leach kinetics. Being at surface and
with no waste removal required for extraction, the Laterite presents a low cost mining
opportunity. Onsite processing eliminates trucking costs and milling costs associated with toll
milling and ore purchase to third party processing plants.
Available Laterite in the current resource model is shown in Table 1 below.
Table 1: Van Uden Laterite Resource (Subset of the Van Uden MRE – see Table 4)
Material Indicated Inferred Total
Tonnes
Grade Gold
(oz) Tonnes
Grade Gold
(oz) Tonnes
Grade Gold
(oz)
(Au g/t) (Au g/t) (Au g/t)
Laterite 886,000 0.56 15,900 167,000 0.33 1,800 1,053,000 0.52 17,700
In addition, there is a significant proportion of transition material which may be suitable for the
application of heap leach technology. Table 2 below shows the currently defined Transition
material within the Van Uden Resource. It is the Company’s intention to test the Transition
material for heap leach amenability as soon as suitable sample can be obtained.
Table 2: Van Uden Transition Resource (Subset of the Van Uden MRE – see Table 4)
Material
Grade Grade Grade
(Au g/t) (Au g/t) (Au g/t)
Transition 1,115,000 1.07 38,300 740,000 1.01 24,100 1,855,000 1.05 62,400
Gold (oz)
Indicated Inferred Total
Tonnes Gold (oz) Tonnes Gold (oz) Tonnes
ASX ANNOUNCEMENT I RELEASED 14 MAY 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
W: www.tgmetals.com.au
The Company has held initial meetings with the DMPE (WA) to progress the pathway for
Mining Proposal submission and has commenced engagement with suitable contractors for
mining and earthworks activities.
Equipment sourcing has also advanced with identification of used heap leach specific
equipment as well as obtaining quotations for new equipment. A decision on equipment
selection is expected in the coming weeks.
Mining engineering studies are advancing ahead of final metallurgical parameters which will
become available upon completion of the Column Leach testwork. A preliminary design,
Figure 1, has been formed to guide location of the Heap Leach pads, ponds and associated
infrastructure. If the used equipment available is secured, this design will be modified to suit.
Figure 1 – Conceptual Heap Leach Design in 3D perspective view
ASX ANNOUNCEMENT I RELEASED 14 MAY 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
W: www.tgmetals.com.au
Gold Leaching Testwork Update
As detailed in ASX announcement 30 April 2026, TG Metals has engaged Independent
Metallurgical Operations Pty Ltd (IMO) based in Western Australia, to conduct column leach
metallurgical testwork on 3 composite lateritic samples recovered from previous mining
stockpiles and historical surface excavations at the Company’s Van Uden Gold project. The
testwork is ongoing at Metallurgy Pty Ltd, a commercial laboratory located in Perth, Western
Australia. The results and testwork program were overseen by independent consult Michael
Rodriguez.
The initial reported testwork showed up to 88% recovery achieved after 35 days, the ongoing
column leaching has now exceeded that recovery into the high 90s, showing 99.8% in the
Tasman (Column Two) sample (Figure 3). This trend is showing an overcall to the assayed
head grade which indicates that there is more gold in the samples used than indicated by the
assaying. This was also seen in the bottle roll results also reported in ASX announcement 30
April 2026, where the calculated head grade exceeded the assayed head grade. The results
so far are depicted in the charts in Figures 2 to 4. All columns remain under leach and will
remain so until the extractions reach a plateau. This will ensure that all available gold is
recovered and the apparent overcall to assay grade can be calculated.
Figure 2 - Leaching Times for Column One Leach Tests
ASX ANNOUNCEMENT I RELEASED 14 MAY 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
W: www.tgmetals.com.au
Figure 3 - Leaching Times for Column Two Leach Tests
Figure 4 - Leaching Times for Column Three Leach Tests
ASX ANNOUNCEMENT I RELEASED 14 MAY 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
W: www.tgmetals.com.au
Key findings so far are that only 3.05% slumping has occurred in Column One, slightly up
from the 2.94% slumping observed previously, 14.7% in column two, marginally up from
13.9% observed previously and only 1.03% in Column Three, compared to 0.77% seen
previously. The leach kinetics remain on an upward trend and rapid in the initial time phases,
peaking at an indicated 99.8% recovery in column two after 52 days and 63.0% recovery in
column one after 60 days and 50.4% recovery in column three after 25 days following carbon
loading. All columns remain under leach and are showing continuing gold extractions. The
intended full leach time was up to 90 days for each column, however this will be monitored for
terminal leaching trends as they appear.
The very high recoveries in Column Two, approaching an indicative 100% are attributed to an
undercall in the assay grade Vs actual grade. This will be further resolved upon full leaching
of the Column and calculating the actual head grade from the recovered gold and residue
grades at the end of the test. Regardless, this is still showing high recoveries and indicates
potential for upside in recovered gold Vs assayed gold.
A total of three (3) composites were generated utilising samples taken from historical mine
workings which have exposed Laterite. Figure 5 shows the location of the samples and Table
3 lists the location coordinates.
Table 3 – Collar Locations of Metallurgical Samples
Sample ID Type Easting Northing Tenement No.
L01 Composite 749,968.22 6,439,909.94 M77/477
L02 Composite 750,264.15 6,439,464.67 M77/478
L03 Composite 749,503.00 6,440,375.34 M77/477
ASX ANNOUNCEMENT I RELEASED 14 MAY 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
W: www.tgmetals.com.au
Figure 5 – Location plan of the three Laterite samples and Laterite resource.
ASX ANNOUNCEMENT I RELEASED 14 MAY 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
W: www.tgmetals.com.au
Next Steps
• All three Columns under leach will progress and be monitored and recorded up to a
full leach cycle.
• Application for a Mining Proposal to encompass Laterite mining and heap leach pads
and facilities has commenced. Final pad design parameters will be determined from
the full column leach test results which will be available at the end of the full leach
cycle.
• The full metallurgical report will be made available to potential heap leach plant
suppliers. Used Plant is also under consideration for early acquisition.
• Further optimisation testwork is planned to test the Laterite for improvements in
reagent use and operating cost reductions via research and development initiatives.
• First stage grade control drilling of the Laterite will commence upon staged pit designs
currently being finalised.
• Column leach testwork on other mineralisation types at Van Uden to also commence.
9
ASX ASX ANNOUNCEMENT I RELEASED 14 MAY 2026
________________________________________________________________
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
W: www.tgmetals.com.au
About The Van Uden Resource
The Van Uden gold MRE was updated earlier this month, increasing the Indicated category
by more than 120%. This has allowed progression of mining and processing studies focused
on utilising the Indicated resources in the near term. The surface Laterite is one component
of this and the most immediate potential, however further Indicated resources deeper in the
profile may also lend themselves to Heap Leach processing technology. The updated MRE
below in Table 4 shows the current resource status:
Table 4: MRE – Van Uden Gold Deposit
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.
Material
Grade Grade Grade
(Au g/t) (Au g/t) (Au g/t)
Laterite 886,000 0.56 15,900 167,000 0.33 1,800 1,053,000 0.52 17,700
Oxide 1,976,000 1.15 73,300 414,000 0.91 12,100 2,390,000 1.11 85,400
Transition 1,115,000 1.07 38,300 740,000 1.01 24,100 1,855,000 1.05 62,400
Fresh 580,000 1.35 25,100 2,057,000 1.21 80,200 2,637,000 1.24 105,300
Total 4,557,000 1.04 152,600 3,378,000 1.09 118,200 7,935,000 1.06 270,800
Gold (oz)
Indicated Inferred Total
Mineral Resource Estimate Van Uden Gold Deposit - April 2026
Tonnes Gold (oz) Tonnes Gold (oz) Tonnes
10
ASX ASX ANNOUNCEMENT I RELEASED 14 MAY 2026
________________________________________________________________
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
W: www.tgmetals.com.au
About TG Metals
TG Metals is an ASX listed company focused on exploring and developing gold and lithium
assets at its wholly owned Lake Johnston Project and 80% owned Van Uden Gold Project in
the stable jurisdiction of Western Australia. The Lake Johnston Project hosts the Burmeister
high grade lithium deposit, Jaegermeister lithium pegmatites and several surrounding lithium
prospects. Burmeister is in proximity to four lithium processing plants and undeveloped
deposits. The Van Uden Gold Project contains past producing gold mines and is in proximity
to operating gold processing Plants (Figure 6).
Authorised for release by TG Metals Board of Directors.
Contact Investor Relations
Mr David Selfe Evy Litopoulous
Chief Executive Officer ResolveIR
Email: info@tgmetals.com.au Email: evy@resolveir.com
Figure 6 – Location Map showing TG Metals’ Van Uden Gold Project
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ASX ASX ANNOUNCEMENT I RELEASED 14 MAY 2026
________________________________________________________________
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
W: www.tgmetals.com.au
Competent Person Statement
Information in this announcement that relates to exploration results, exploration strategy, 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 mineralisation 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 report of matters based on their information in the form and context in
which it appears.
Information in this announcement that relates to metallurgical results, is based on information compiled
by Mr David Selfe and has been reviewed by Mr Michael Rodriguez who is a Fellow of the Australasian
Institute of Mining and Metallurgy. Mr Rodriguez has sufficient experience that is relevant to the style of
mineralisation 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
Metallurgical Results. Mr Rodriguez has consented to the inclusion in this report of matters based on
their information in the form and context in which it appears.
Forward Looking Statements
This announcement may contain certain statements that may constitute “forward looking statements”.
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.
1
JORC Code, 2012 Edition – Table 1
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
Criteria JORC Code explanation Commentary
Sampling
techniques
• Nature and quality of sampling (eg cut channels, random chips, or
specific specialised industry standard measurement tools appropriate
to the minerals under investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc). These examples should
not be taken as limiting the broad meaning of sampling.
• Include reference to measures taken to ensure sample representivity
and the appropriate calibration of any measurement tools or systems
used.
• Aspects of the determination of mineralisation that are Material to the
Public Report.
• In cases where ‘industry standard’ work has been done this would be
relatively simple (eg ‘reverse circulation drilling was used to obtain 1
m samples from which 3 kg was pulverised to produce a 30 g charge
for fire assay’). In other cases more explanation may be required,
such as where there is coarse gold that has inherent sampling
problems. Unusual commodities or mineralisation types (eg
submarine nodules) may warrant disclosure of detailed information.
• Bulk samples were collected from laterite material exposed in
historical workings and stockpiles within the Van Uden Project.
Sampling comprised multiple grab samples collected across
exposed pisolitic laterite zones. These were composited to
generate bulk samples of sufficient mass for metallurgical testwork.
In selected areas, sampling was undertaken proximal to known
mineralisation to ensure adequate gold tenor for metallurgical
assessment.
Drilling
techniques
• Drill type (eg core, reverse circulation, open-hole hammer, rotary air
blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple
or standard tube, depth of diamond tails, face-sampling bit or other
type, whether core is oriented and if so, by what method, etc).
• No drilling was undertaken for this metallurgical testwork. Bulk
samples were obtained from surface exposures and historical
workings.
Drill sample
recovery
• Method of recording and assessing core and chip sample recoveries
and results assessed.
• Measures taken to maximise sample recovery and ensure
representative nature of the samples.
• Whether a relationship exists between sample recovery and grade
and whether sample bias may have occurred due to preferential
loss/gain of fine/coarse material.
• Not applicable.
Logging • Whether core and chip samples have been geologically and
geotechnically logged to a level of detail to support appropriate
Mineral Resource estimation, mining studies and metallurgical
• Not applicable.
2
Criteria JORC Code explanation Commentary
studies.
• Whether logging is qualitative or quantitative in nature. Core (or
costean, channel, etc) photography.
• The total length and percentage of the relevant intersections logged.
Sub-sampling
techniques
and sample
preparation
• If core, whether cut or sawn and whether quarter, half or all core
taken.
• If non-core, whether riffled, tube sampled, rotary split, etc and
whether sampled wet or dry.
• For all sample types, the nature, quality and appropriateness of the
sample preparation technique.
• Quality control procedures adopted for all sub-sampling stages to
maximise representivity of samples.
• Measures taken to ensure that the sampling is representative of the in
situ material collected, including for instance results for field
duplicate/second-half sampling.
• Whether sample sizes are appropriate to the grain size of the material
being sampled.
• Bulk samples recovered from 3 stockpiled mineralised ore were
received, and homogenised. Each composite sample was staged
crushed to 100% passing 25mm. Homogenised sub-samples were
split out to produce 10kg, 20kg and 220kg charges.
• The 20kg and 10kg homogenised composite sub-samples were
crushed to 12.5mm and 8mm respectively in preparation for
downstream testwork including intermittent bottle roll and column
leach testwork.
Quality of
assay data
and
laboratory
tests
• The nature, quality and appropriateness of the assaying and
laboratory procedures used and whether the technique is considered
partial or total.
• For geophysical tools, spectrometers, handheld XRF instruments, etc,
the parameters used in determining the analysis including instrument
make and model, reading times, calibrations factors applied and their
derivation, etc.
• Nature of quality control procedures adopted (eg standards, blanks,
duplicates, external laboratory checks) and whether acceptable levels
of accuracy (ie lack of bias) and precision have been established.
• Metallurgical testwork including intermittent bottle roll (IBR) and
column leach tests was managed by Independent Metallurgical
Operations Pty Ltd (IMO) staff, at Metallurgy Pty Ltd a commercial
laboratory located in Western Australia.
• A sizing analysis was completed on composite sub-samples.
• All composite samples prepared for downstream testwork had ICP
OES analysis for 42 elements completed and gold assays were
determined using standard fire assay methods.
• Raw water was recovered from the mine stie, assayed and used for
all subsequent testwork.
• Samples were recovered from the IBR tests and columns to obtain
kinetic time vs extraction curves. IBR and column testwork was
completed in parallel to obtain “read across” information.
• Kappes drawdown tests were applied to establish optimum
agglomeration operating conditions.
• 4m columns were predominantly used to reflect the forecast heap
leach bench heights. A “clear” 2m column was used to observe the
flow characteristics and for comparison in the leach cycle between a
4m column and a 2m column.
3
Criteria JORC Code explanation Commentary
• Metallurgical recoveries were calculated from solution assays and
carbon loading estimates. Final recoveries will be reconciled with
residues from the testwork.
Verification of
sampling and
assaying
• The verification of significant intersections by either independent or
alternative company personnel.
• The use of twinned holes.
• Documentation of primary data, data entry procedures, data
verification, data storage (physical and electronic) protocols.
• Discuss any adjustment to assay data.
• Testwork procedures and results have been reviewed by an
independent metallurgical consultant. The methods applied are
considered appropriate for early-stage metallurgical assessment.
Location of
data points
• Accuracy and quality of surveys used to locate drill holes (collar and
down-hole surveys), trenches, mine workings and other locations
used in Mineral Resource estimation.
• Specification of the grid system used.
• Quality and adequacy of topographic control.
• Coordinate system: MGA2020 Zone 50 for sample locations using
GPS(+/- 3m accuracy).
• Topography: LiDAR surface model.
Data spacing
and
distribution
• Data spacing for reporting of Exploration Results.
• Whether the data spacing and distribution is sufficient to establish the
degree of geological and grade continuity appropriate for the Mineral
Resource and Ore Reserve estimation procedure(s) and
classifications applied.
• Whether sample compositing has been applied.
• Sampling was selective and not conducted on a systematic grid.
The sampling approach is not intended to represent spatial
continuity, but rather to provide indicative metallurgical
characteristics of laterite material types.
Orientation of
data in
relation to
geological
structure
• Whether the orientation of sampling achieves unbiased sampling of
possible structures and the extent to which this is known, considering
the deposit type.
• If the relationship between the drilling orientation and the orientation
of key mineralised structures is considered to have introduced a
sampling bias, this should be assessed and reported if material.
• Sampling was undertaken from surface exposures and is not
considered to be biased by structural orientation.
Sample
security
• The measures taken to ensure sample security. • Samples were sealed in 44 gallon drums or 20L sealed buckets
and labelled at site.
• Chain of custody; Samples were taken to Welshpool by TG Metals
Limited personnel.
Audits or
reviews
• The results of any audits or reviews of sampling techniques and data. • The metallurgical program and results have been reviewed by an
independent metallurgical consultant..
4
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
• Type, reference name/number, location and ownership including
agreements or material issues with third parties such as joint
ventures, partnerships, overriding royalties, native title interests,
historical sites, wilderness or national park and environmental
settings.
• The security of the tenure held at the time of reporting along with any
known impediments to obtaining a licence to operate in the area.
• All sampling is within in Mining Leases M77/477 and M77/478. The
tenements are currently held by TG Gold Pty Ltd (80%) and Barto
Gold Mining Pty Ltd (20%). Ownership: TG Metals Limited is the
operator of the tenements via its 100% ownership of TG Gold Pty
Ltd.
• The tenements are in good standing and unaffected by heritage or
environmental encumbrances.
Exploration
done by other
parties
• Acknowledgment and appraisal of exploration by other parties. • Dieman, Laterite and Tasman Pits were previously mined and
drilled by earlier operators as part of historic gold extraction.
• Historic data have been reviewed where available.
Geology • Deposit type, geological setting and style of mineralisation. • Orogenic, shear- and vein-hosted gold mineralisation occurs within
the Forrestania greenstone belt along the sediment–mafic contact,
which is mapped as the Van Uden Shear.
Host rocks are amphibolite-facies metasediments and mafic
volcanic units showing local quartz veining and minor schistose
alteration. Gold mineralisation is structurally controlled and
consistent with regional orogenic systems of the Western
Australian Yilgarn Craton.
• Most gold mineralisation is formed withing the sediments, however
where the mafic/sediment contact undulates, the gold
mineralisation is known to occur within the mafic rocks.
• The laterite mineralisation comprises pisolitic and ferruginous
material developed over primary gold mineralisation within the Van
Uden Project area.
Drill hole
Information
• A summary of all information material to the understanding of the
exploration results including a tabulation of t
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