TG Metals Limited has reported strong drilling results at its Van Uden Gold Project and maiden drilling success at Gold City, setting the stage for an updated Mineral Resource Estimate in early 2026.
- RC drilling confirms multiple high-grade gold lodes at Van Uden
- Maiden drilling at Gold City intersects multi-lode gold mineralisation
- Resource expansion and classification drilling ongoing at Van Uden
- Updated Mineral Resource Estimate targeted for Q1 2026
- Company ends quarter with $3.59 million cash and ongoing exploration spend
Van Uden Drilling Advances Resource Potential
TG Metals Limited has delivered encouraging results from its December 2025 quarter activities, with Reverse Circulation (RC) drilling at the Van Uden Gold Project confirming the continuity of multiple high-grade gold lodes. The drilling campaign, which included both infill and extensional holes, has expanded the strike length of mineralisation beyond the current Mineral Resource Estimate (MRE) boundaries, suggesting the deposit remains open at depth and along strike.
Notably, assay highlights from the Central and Southern areas of Van Uden include intercepts such as 8 metres at 2.74 grams per tonne (g/t) gold and 7 metres at 4.16 g/t gold, reinforcing the project's potential for near-term resource growth. The company has paused drilling for the year-end break but expects a steady flow of assay results through January 2026, which will feed into an updated MRE targeted for release in the first quarter of 2026.
Maiden Drilling and Soil Sampling at Gold City Prospect
Alongside Van Uden, TG Metals completed maiden RC drilling at the Gold City prospect, intersecting multi-lode gold mineralisation in an area previously defined by positive soil geochemistry. The infill soil sampling program expanded the southern strike of gold anomalies to approximately 1,200 metres, doubling the previously identified footprint and revealing new zones of interest.
Drilling highlights at Gold City include intercepts such as 3 metres at 8.49 g/t gold and 1 metre at 17.67 g/t gold, demonstrating the prospect’s potential to host economically significant mineralisation. The company plans further drilling and exploration work to better define these targets.
Financial Position and Corporate Developments
TG Metals closed the quarter with a cash balance of $3.59 million, having invested approximately $1.88 million in exploration activities predominantly at Van Uden. The company’s financial position was bolstered by a $4 million placement approved in October 2025, providing a solid foundation to advance its projects.
During the quarter, TG Metals also rationalised tenements at its Lake Johnston lithium project, focusing on preserving key lithium deposits such as Burmeister and Jaegermeister for future development. The company continues to assess opportunities for growth and consolidation within its portfolio.
Looking Ahead
With assay results pending and an updated Mineral Resource Estimate on the horizon, TG Metals is positioning itself for a significant step forward in defining the scale and quality of its gold assets. The ongoing exploration success at Van Uden and Gold City, combined with a stable financial footing, underscores the company’s potential to enhance shareholder value in the coming months.
Bottom Line?
As TG Metals awaits key assay results and its resource update, the market will be watching closely for confirmation of the project's expanded gold potential.
Questions in the middle?
- How will the upcoming Mineral Resource Estimate impact the valuation of Van Uden?
- What are the next steps for advancing the Gold City prospect following maiden drilling success?
- Does TG Metals plan to accelerate drilling or development activities with current cash reserves?