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TG Metals Limited (ASX:TG6)

ALERT: Price-sensitive ASX Announcement for TG6
Current share price for TG6 : $0.235 0.045 (23.68%)+
Announcement
Release
31 Jul 2026 1:33PM
Price at Release
$0.190
Full Release
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Summary
TG Metals Limited's June 2026 Quarterly Report details significant progress at the Van Uden Gold Project, including a 120% increase in Indicated category resources, now totaling 270,800 ounces of gold. The company's exploration activities at Van Uden expanded the strike length of the shear zone to 4.3 km. Metallurgical testing indicated promising gold recovery results, supporting an ongoing heap leach study. Financially, the company reported a decrease in cash and cash equivalents to AUD 642,000 after operating and investing activities. Funding is estimated to last for less than a quarter, with plans to reduce cash outflows in the September Quarter.
Key Points
  • 120% increase in Van Uden gold resources.
  • Gold resources total 270,800 ounces.
  • Van Uden shear zone strike length extended to 4.3 km.
  • Metallurgical testing indicates strong gold recovery.
  • Cash and cash equivalents decreased to AUD 642,000.
  • Funding estimated to last less than one quarter.
  • Plan to reduce cash outflows in the next quarter.
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.