TG Metals Targets Near-Term Cashflow With High-Recovery Heap Leach Plan at Van Uden

The latest announcement is out from TG Metals Ltd. ( (AU:TG6) ).

TG Metals Ltd. has reported exceptional initial metallurgical results from column leach testwork on laterite ore at its Van Uden Gold Project in Western Australia, achieving 88% gold recovery after just 35 days and successful agglomeration at a coarse 25mm crush. These results indicate that over one million tonnes of near-surface laterite, and potentially a further 1.85 million tonnes of transitional material, could be economically treated via a low-capital, on-site heap leach operation with free-dig mining, no pre-stripping, and minimal haulage, underpinning a near-term, low-cost cashflow opportunity as engineering studies progress toward a potential final investment decision later in 2026.

The company is now undertaking engineering and design studies to refine heap leach pad and mine designs, focusing on rapid leach times that allow pad turnover in weeks and support lower cut-off grades than conventional CIL processing. By eliminating trucking and toll-milling costs and leveraging the high proportion of indicated laterite resources, TG Metals aims to monetise lower grade ore, enhance the overall exploitation of the Van Uden resource, and strengthen its financial and strategic position in the gold sector if development proceeds as planned.

More about TG Metals Ltd.

TG Metals Ltd. is an Australian exploration and development company focused on gold projects, with its flagship Van Uden Gold Project located in Western Australia. The company is advancing near-surface laterite and transitional gold resources, targeting low-cost, on-site processing solutions to generate early cashflow and improve overall project economics.

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