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TG Metals Ltd. ( (AU:TG6) ) just unveiled an update.
TG Metals has reported further encouraging assay results from 52 reverse circulation drillholes across the full length of its Van Uden gold deposit, confirming multiple mineralised zones with increasing continuity and shallow extensions to the existing mineral resource. The program, which includes RC infill and step-out drilling as well as newly commenced diamond core drilling, is expected to add significant gold ounces to an updated mineral resource estimate targeted for March and provide key geotechnical data for mining studies, underscoring the project’s potential scale and advancing it towards possible development while results from a further 24 drillholes remain pending.
The most recent analyst rating on (AU:TG6) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on TG Metals Ltd. stock, see the AU:TG6 Stock Forecast page.
More about TG Metals Ltd.
TG Metals Ltd (ASX: TG6) is an Australian exploration company focused on advancing its Van Uden Gold Project in Western Australia, where it is undertaking resource definition and expansion drilling to grow its mineral resource estimate and support future mining studies.
Average Trading Volume: 214,909
Technical Sentiment Signal: Buy
Current Market Cap: A$24.11M
See more data about TG6 stock on TipRanks’ Stock Analysis page.