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TG Metals Limited (ASX:TG6)

ALERT: Price-sensitive ASX Announcement for TG6
Current share price for TG6 : $0.260 0.04 (18.18%)+
Announcement
Release
28 Jan 2026 10:00AM
Price at Release
$0.220
Full Release
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Summary
TG Metals Limited's December 2025 Quarterly Report highlights significant exploration and drilling activities at the Van Uden and Gold City projects. The Van Uden project's drilling extended the deposit's strike length by over 550 metres, with a Mineral Resource Estimate update expected in Q1 2026. At Gold City, a maiden reverse circulation drilling program revealed multiple gold zones, and infill soil sampling expanded the anomaly length. The company completed a $4.0 million placement, closing the quarter with approximately A$3.592 million in cash. Exploration expenses totaled $1,883,000 for the quarter. Appendix 5B outlines cash flows, noting a net cash increase from financing activities.
Key Points
  • TG Metals Limited focused on exploration and drilling activities at the Van Uden and Gold City projects.
  • Van Uden drilling extended the deposit's strike length by over 550 metres.
  • A maiden RC drilling program was conducted at Gold City, revealing multiple gold zones.
  • The Van Uden Mineral Resource Estimate update is scheduled for Q1 2026.
  • Infill soil sampling expanded the Gold City soil anomaly to 1200m.
  • The company raised $4.0 million through a placement during the quarter.
  • TG Metals closed the quarter with approximately A$3.592 million in cash.
  • Exploration expenditure for the quarter was $1,883,000.
  • Appendix 5B details cash flows, showing a net cash increase from financing activities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.