TG Metals has entered an agreement to acquire an 80% interest in the Van Uden Gold Project in Western Australia.
A high-grade asset with strong upside
- High-grade opencast gold asset: Advanced project with historic opencast production at >2.5 g/t Au.
- Exploration upside: Historic drilling only to 150 m, providing exploration upside down dip and along 2 km strike.
- Walk up drill ready targets: Provide further strong potential for resource expansion.
- Strategic synergies: Added value from proximity to Lake Johnston Lithium Project.
Project overview
- Strategic location: Situated in Forrestania Greenstone Belt, in proximity to TG6’s Lake Johnston Project.
- Proximity to processing facilities: Trucking distance on sealed roads to Marvel Loch and Edna May (Westonia) gold processing plants.
- Established infrastructure: Including access to essential utilities (power/water).
- Secure tenure: Four granted mining leases with no Native Title claims, plus three exploration licenses and miscellaneous haul road licences.
- Large-scale gold system: 2 km drilled strike with gold near surface and two historic pits, defined deposits, and walk up drill targets.