Pending Assays and Step-Out Drilling Pose Risks to Van Uden Resource Outlook
TG Metals Limited has reported strong new drilling results from its Van Uden Gold Project, confirming increased gold continuity and extensions to its existing resource. Diamond core drilling has commenced, aiming to further expand the mineral resource estimate.
- 52 reverse circulation drillholes confirm gold continuity
- Multiple significant gold intercepts including 13m @ 2.26 g/t Au
- Diamond core drilling underway to extend resource and gather geotechnical data
- 24 drillhole assay results pending, including step-out exploration
- Van Uden hosts a JORC-compliant resource of approximately 6.35 million ounces
Van Uden Drilling Update
TG Metals Limited (ASX – TG6) has released encouraging results from its ongoing drilling campaign at the Van Uden Gold Project in Western Australia's Forrestania Greenstone Belt. The company reported assays from 52 reverse circulation (RC) drillholes spanning the entire length of the Van Uden deposit, revealing multiple gold intercepts that reinforce the continuity of mineralisation and suggest potential extensions to the current mineral resource estimate (MRE).
Highlights include intercepts such as 13 metres at 2.26 grams per tonne (g/t) gold from 48 metres depth, and other significant zones with grades approaching 3 g/t over several metres. These results confirm the presence of consistent gold mineralisation, particularly in shallow up-dip extensions, which could enhance the economic viability of the deposit.
Advancing Towards Resource Expansion
The drilling program is designed to both infill and extend the known resource, improving geological understanding and supporting an updated MRE expected in the March quarter of 2026. TG Metals has also commenced diamond core drilling, a more detailed method that will provide critical geotechnical data to inform future mining studies and help refine the resource model.
CEO David Selfe emphasised the significance of the assay results, noting that they confirm ongoing continuity and support the potential for resource growth. He highlighted that results from 24 additional drillholes remain outstanding, including step-out drilling south of the current resource boundary, which could further expand the deposit.
Project Context and Future Work
The Van Uden Gold Project is situated within a prolific gold and lithium region, close to established processing plants and other significant mineral deposits. The current JORC-compliant resource stands at approximately 6.35 million ounces of gold across oxide, transitional, and fresh rock zones.
Further drilling is planned pending regulatory approvals, with exploration continuing on adjacent tenements. Soil sampling and prospecting activities are also underway to identify new targets within the broader project area.
Overall, the drilling results and ongoing exploration efforts position Van Uden as a promising asset in TG Metals’ portfolio, with the potential to enhance the project's scale and value as more data becomes available.
Bottom Line?
As TG Metals awaits remaining assay results and advances diamond drilling, Van Uden’s resource profile is poised for meaningful growth.
Questions in the middle?
- How will the pending 24 drillhole assays impact the updated mineral resource estimate?
- What insights will the diamond core drilling provide regarding mining feasibility?
- Could step-out drilling south of the current resource significantly expand Van Uden’s footprint?
