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TG Metals Ltd. ( (AU:TG6) ) has provided an announcement.
TG Metals Ltd has announced updates on its Van Uden Gold Project, highlighting the identification of new near-term mining opportunities. The company has retracted previous tonnage and grade estimates due to non-compliance with ASX rules but continues to focus on defining early mining operations. Recent drilling results have confirmed high-grade surface laterite mineralization and exposed remnant in-pit mineralization, with preparations for further drilling underway. The company is in discussions with third parties to secure toll treatment agreements, which will enable the commencement of stockpile removal and processing.
More about TG Metals Ltd.
TG Metals Ltd is a company operating in the mining industry, focusing primarily on gold exploration and development. The company is engaged in identifying and developing mineral resources, with a particular emphasis on generating near-term cash flow opportunities through processing at third-party facilities.
Average Trading Volume: 143,986
Technical Sentiment Signal: Buy
Learn more about TG6 stock on TipRanks’ Stock Analysis page.