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TG Metals Ltd. ( (AU:TG6) ) has shared an announcement.
TG Metals Ltd has commenced a transformational drilling program at its Van Uden Gold Project, with the arrival of a second drill rig aimed at extending and improving the resource’s strike and depth continuity. This marks the first large-scale gold drilling at the site since 2011/2012, with the potential to significantly grow the existing resource, which has already seen its mineralized strike more than double to 6.5 kilometers. The drilling program includes both shallow and deeper drill holes, and the company plans to update its mineral resource estimate in early 2026, while also initiating maiden drilling at the Gold City prospect to explore for satellite deposits.
More about TG Metals Ltd.
TG Metals Ltd is a company operating in the mining industry, focusing on gold exploration and resource development. The company is actively engaged in expanding its gold resources, particularly at the Van Uden Gold Project, and is also exploring potential satellite deposits at the Gold City prospect.
Average Trading Volume: 332,284
Technical Sentiment Signal: Buy
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