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TG Metals Ltd. ( (AU:TG6) ) has provided an announcement.
TG Metals Ltd has updated its Mineral Resource Estimate (MRE) for the Van Uden Gold Project to comply with the JORC 2012 standards. This update is a crucial step towards commencing mining studies and advancing the project towards production. The MRE conversion confirms a continuous 2.5 km strike length with a total reportable resource of 6.35 million tonnes at 1.1 g/t gold for 227,140 ounces. The company anticipates further growth in the MRE from untested extensions and new targets, with ongoing mining studies on stockpiles and in-pit resources.
More about TG Metals Ltd.
TG Metals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary product is gold, with a significant project being the Van Uden Gold Project in Western Australia.
Average Trading Volume: 96,447
Technical Sentiment Signal: Sell
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