High Recoveries Open Near Term Cashflow Opportunity
Filed with ASX · · 18 pages · English
Summary by 6ix AI
Tg Metals Ltd. has announced exceptional metallurgical recoveries from its Van Uden Gold Project, indicating a significant near-term cash flow opportunity through heap leaching. The column leach testwork on Laterite gold mineralisation achieved high recoveries in a short leaching period, providing confidence in the metallurgical performance across the mineralisation. The company is moving forward with engineering studies to assess financial metrics and plans to lodge a mining proposal under a rapid approval framework. These developments suggest a low capital and operating cost operation, with the potential for quick cash flow from the heap leach process.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from TG Metals
- Significant Increase in Indicated Resource at Van Uden
- Drilling delivers thick, high grade gold at Van Uden
- Lithium Recovery Patent Application Filed
- Drilling Strengthens Gold Continuity at Van Uden
- Quarterly Activities Report and Appendix 5B
Later from TG Metals
- Van Uden Laterite Gold Targets Defined
- Higher Recoveries Enhance Van Uden Gold Project
- Lake Johnson Lithium Advances Toward Development
- Mining Lease Lodged for Burmeister Lithium DSO Development
- Drilling Extends Van Uden Gold Mineralisation to 4.3km
Follow TG Metals into a list and get an email when it puts out news.
Follow TG Metals