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
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.