Van Uden Gold Project

Nicole Airay — Thu, 06 Mar 2025 05:46:31 +0000

Van Uden Gold Project

The Van Uden Gold Project is located in the Southern Cross-Forrestania Greenstone Belt, 90km east-northeast of Hyden and 120km south of Southern Cross. It is close to the Marvel Loch (producing) and Westonia – Edna May (Care & Maintenance) gold processing Plants.

The Location

Located within the Forrestania Greenstone belt, the Van Uden Gold Project consists of granted mining leases, exploration licences and miscellaneous licences (haul roads and direct access). The Project lies to the west of the Mt Holland lithium mine, south of the operating Marvel Loch gold Plant, and southeast of the Edna May gold Plant.

Van Uden Gold Deposit & Mineral Resource Estimate

In May 2025 TG Metals reported and published a JORC 2012 compliant Mineral Resource Estimate (MRE) statement (ASX: TG6, 5 June 2025)

Mineral Resource Estimate for the Van Uden Gold Deposit – May 2025
Material	Indicated			Inferred			Total
Material	Tonnes	Grade (Au g/t)	Gold (Oz)	Tonnes	Grade (Au g/t)	Gold (Oz)	Tonnes	Grade (Au g/t)	Gold (Oz)
Laterite	234,000	0.9	6,940	525,000	0.7	11,800	759,000	0.7	18,740
Oxide	867,000	1.2	34,200	1,141,000	1.0	38,200	2,008,000	1.0	72,400
Transitional	291,000	1.1	10,700	770,000	1.1	26,500	1,061,000	1.1	37,200
Fresh	318,000	1.6	16,500	2,207,000	1.2	82,300	2,525,000	1.2	98,800
Total	1,710,000	1.2	68,340	4,643,000	1.2	158,800	6,353,000	1.1	227,140

The MRE was updated to conform to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) 2012, as the previous reported MRE by Convergent Resources Limited complied with JORC 2004 guidelines.

All tonnages are dry metric tonnes. It has been reported at a cut-off grade of 0.35 g/t Au by area within a A$5,000/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 qualified person to demonstrate that a mineral deposit has the potential to be economically extracted in the future. By applying the appropriate RPEEE the JORC 2012-compliant MRE will facilitate a smooth transition to the anticipated update to the JORC Code expected by the end of 2025.

Tasman Pit Cross Section

The updated MRE has defined the Van Uden gold deposit to be NW trending and continuous for at least 2.5km, incorporating historical Dieman, Laterite and Tasman Pits. Gold mineralisation, whilst continuous was reported as open down dip along the eastern side of the MRE envelope. These areas will be focus for future resource and infill drilling programs. Typical sections across Dieman and Tasman Pits highlight the extensive shallow economic mineralisation within the optimised shell boundary and potential for mineralisation with depth.

Dieman Pit Cross Section

Refer to the TG6 ASX release, 5 June 2025 for the detailed MRE modelling, estimation parameters and competent person statement.

Gold City Prospect

The Gold City prospect is located on a single exploration licence, 25km to the south of the Van Uden Group granted mining leases. There are numerous gold workings on the tenement and historical drilling at Gold City was shallow, less than 120m depth, with the prospect providing additional fertile exploration opportunity for TG Metals.

Circa 1950’s historical gold workings along an identified gold trend

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van-uden Archives - TG Metals

Van Uden Gold Project

Van Uden Gold Project

The Location

Van Uden Gold Deposit & Mineral Resource Estimate

Gold City Prospect