TG Metals has expanded its Van Uden gold resource to 270,800 ounces with a 120% increase in indicated ounces, discovered new mineralisation 550m south, and filed a lithium processing patent at Lake Johnston.
- Van Uden gold resource rises to 270,800 oz
- Indicated resource category grows by over 120%
- New gold discovery 550m south of Van Uden
- Provisional patent filed for lithium recovery tech
- Quarter-end cash stands at A$1.44 million
Van Uden Resource Expansion and New Discovery
TG Metals Limited (ASX:TG6) has delivered a substantial upgrade to its Van Uden Gold Project in Western Australia, reporting a resource now totalling 270,800 ounces of gold. This includes a more than 120% increase in the Indicated category to 152,600 ounces, a milestone that significantly enhances the project's development potential. The updated Mineral Resource Estimate (MRE), announced post-quarter in April, integrates extensive infill and extensional drilling that closed previous gaps and extended mineralisation along the 2.5-kilometre Van Uden shear zone.
The drilling campaign, completed in late 2025, confirmed broad, high-grade intercepts across northern, central, and southern zones of the deposit. Notably, a new discovery 550 metres south of the existing resource boundary intercepted 11 metres at 1.90 g/t Au, extending the known mineralised trend and adding to the project's scale. This southern extension underscores the continuity of the Van Uden shear and its robust gold mineralisation characteristics. Pending assays from deeper diamond core tails and southernmost drillholes could further enhance the resource profile.
These results build on previous assay releases that revealed multiple thick, high-grade gold zones, such as 30 metres at 1.60 g/t Au in the southern area and 13 metres at 2.23 g/t Au at depth. The updated resource model also separately accounts for laterite material, which may be amenable to low-cost heap leach processing. The expanded Indicated resource category sets a stronger foundation for mine design and feasibility studies, positioning Van Uden closer to potential near-term production. This progress aligns with earlier announcements detailing the resource growth and drilling success at Van Uden during the past quarter boosts indicated gold resource and uncovers thick high-grade gold zones.
Lithium Processing Patent Advances at Lake Johnston
Beyond gold, TG Metals has also made a strategic move in lithium with a provisional patent application filed for its proprietary enhanced spodumene recovery technology at the Burmeister deposit within its Lake Johnston Project. This innovative metallurgical flowsheet combines dense media separation and flotation to improve lithium concentrate recovery rates and quality. The patent application, lodged with IP Australia, secures intellectual property rights that could underpin future commercialisation through licensing or royalties, adding a potential new revenue stream to the company's portfolio. This development complements the company's ongoing lithium exploration and processing efforts in Western Australia files patent to boost lithium recovery.
Financial Position and Operational Outlook
On the financial front, TG Metals closed the March quarter with A$1.442 million in cash after spending A$1.658 million on exploration, primarily at Van Uden. The company expects to receive an R&D tax rebate of approximately $262,570 in the upcoming quarter, which will provide additional liquidity. While no mining production occurred during the quarter, the significant resource upgrade and ongoing drilling success support advancing mine design and development pathways.
The company also maintains a disciplined approach to tenement management, securing extensions and new grants at both Van Uden and Lake Johnston. With drilling largely complete, TG Metals anticipates reduced cash outflows in the June quarter but remains open to raising further equity or debt if necessary to support its growth plans.
Satellite Prospects and Exploration Potential
At the Gold City prospect, a satellite target within the Van Uden project area, TG Metals has conducted infill soil sampling to follow up on a 1,200-metre gold trend identified in earlier wide-spaced programs. Results are pending, but this area represents an important opportunity to expand the project's footprint beyond the main Van Uden deposit.
Bottom Line?
TG Metals has significantly strengthened Van Uden’s resource base and added intellectual property for lithium processing, but upcoming assay results and mine development plans will be critical to watch.
Questions in the middle?
- How will pending assay results from southern drillholes impact the Van Uden resource?
- What commercial pathways will TG Metals pursue for its lithium recovery patent?
- Can the company secure sufficient funding to advance mine studies and development?