TG Metals’ Gold City Results Highlight Exploration Risks and Next Steps
TG Metals Limited has reported encouraging results from its maiden drilling program at the Gold City Prospect in Western Australia, revealing multiple gold intercepts including standout high-grade zones. The company plans further drilling to expand on these promising findings.
- Maiden reverse circulation drilling at Gold City yields multiple gold intercepts
- Notable high-grade hits include 15m at 1.48 g/t Au and 3m at 8.49 g/t Au
- Gold mineralisation appears structurally controlled with potential for expansion
- Further drilling and soil sampling planned to define mineralisation extent
- Gold City positioned as a satellite to the established Van Uden Gold Project
Initial Drilling Success at Gold City
TG Metals Limited (ASX – TG6) has delivered a promising start to exploration at its Gold City Prospect, located within the Forrestania Greenstone Belt of Western Australia. The company’s maiden reverse circulation (RC) drilling program intersected multiple zones of gold mineralisation, with assays revealing significant intervals including 15 metres grading 1.48 grams per tonne (g/t) gold and a high-grade 3-metre section averaging 8.49 g/t gold.
These results validate the geological model that suggested structurally controlled gold mineralisation in the area, previously underexplored and poorly drilled. The drilling targeted shallow zones beneath historic workings and soil anomalies, confirming a fertile environment for gold deposition.
Structural Controls and Exploration Potential
The mineralisation appears to be hosted predominantly in basaltic rocks with structural controls yet to be fully defined. Downhole telemetry and further geological interpretation are expected to clarify the orientation and extent of these gold-bearing zones. TG Metals CEO David Selfe highlighted the significance of wide zones and multiple hits downhole, indicating a robust system with potential for further expansion both along strike and at depth.
Importantly, the Gold City Prospect is being developed as a satellite operation to the nearby Van Uden Gold Project, which already hosts a substantial mineral resource. This proximity offers potential operational synergies and enhances the strategic value of the discovery.
Next Steps and Ongoing Work
Building on these encouraging results, TG Metals plans additional drilling before year-end to test extensions of mineralisation and to infill gaps in the soil sampling database. The company is also employing PhotonAssay technology for precise assay analysis, which helps mitigate sampling challenges such as the nugget effect common in gold deposits.
Further data analysis, including downhole surveys, will guide the next phase of exploration, aiming to delineate the resource potential more clearly. Pending assays from other drillholes and ongoing drilling at Van Uden will complement this work, supporting a comprehensive understanding of the district’s gold endowment.
Strategic Positioning in a Proven Gold Belt
Situated within a well-known gold-producing region with established infrastructure, TG Metals’ Gold City and Van Uden projects benefit from proximity to operating processing plants and existing mining operations. This geographic advantage reduces development risk and positions the company well for advancing its exploration assets toward production.
While the true widths of mineralisation and structural controls remain to be fully resolved, the initial drilling success at Gold City marks a significant milestone for TG Metals, reinforcing its exploration strategy in Western Australia’s prolific gold belt.
Bottom Line?
TG Metals’ early drilling success at Gold City sets the stage for a potentially valuable satellite gold operation, with further exploration poised to unlock additional upside.
Questions in the middle?
- What will downhole telemetry reveal about the structural controls on mineralisation?
- How extensive is the gold mineralisation at depth and along strike beyond current drill intercepts?
- When can investors expect updated resource estimates incorporating the new drilling data?
