TG Metals’ sampling extends Gold City trend, adds drill targets

• Soil assays extend mineralised trend at TG Metals’ Gold City prospect
• Sampling also identified “compelling” new drill targets
• Detailed infill and extension sampling to be carried out where required

Special Report: Soil assays from TG Metals’ recent sampling have been combined with historical drill results to generate compelling new drill targets at the Gold City prospect within its Van Uden gold project in WA.

The sampling over the main Gold City tenements expanded the area of interest around the historical workings at the prospect, which have been successfully tested by past drilling.

It also identified new targets with similar magnitude gold in soils anomalism.

Supporting what might determine TG Metals’ (ASX:TG6) future drilling at Gold City, historical drilling returned results such as 14m at 2.26g/t gold from a down-hole depth of 20m and 13m at 1.09g/t from 40m.

Chief executive officer David Selfe said that while Gold City was known to have gold mineralisation associated with the historical gold workings, the new soil results demonstrated a significantly increased mineralised trend while generating new drill targets.

“The new soil results are analogous to those already seen over the mineralisation defined by historical drilling, which is clearly a positive sign,” he added. 

“This potentially opens up the Gold City prospect as a significant second gold centre for the Van Uden gold project and a future expansion of our substantial resources base as we progress towards first production.”

Van Uden project soil sampling

Van Uden consists of four granted mining licences, three granted exploration licences, two miscellaneous licences and two exploration licence applications within the Forrestania portion of the Southern Cross-Forrestania Greenstone Belt – a north-northwest trending crustal domain extending for more than 300 km.

It covers a 2.5km long section of the 54 m long Van Uden shear zone that hosts other notable gold deposits such as Teddy Bear to the north and Bad Bat East to the south.

The project also lies to the west of the Mt Holland lithium mine, south of the operating Marvel Loch gold plant and southeast of the Edna May gold plant.

Van Uden has recorded historical production of 11,142oz of gold from the Tasman and Diemens open pits as well as surface gold-bearing laterites.

It has an indicated and inferred resource of 6.35Mt grading 1.15g/t for 227,140oz of contained gold that is constrained by the pit shell.

Soil sampling was carried out using a 50m by 50m grid and analysed for elements such as lithium and gold.

The northern gold-in-soil anomalies were defined over two main zones with a total strike length of ~1.5km while a third zone was identified north of historical workings.

These are all west of the Forrestania Shear – a major structure in the Forrestania greenstone belt – and in close proximity and either side of a magnetic high interpreted as an ultramafic unit with a north-south strike.

Peak gold assays occur in the centre of the Gold City workings while the second highest anomaly, which has a tenor that matches those seen at the historical workings, occurs northwest of the workings in an area that shows no previous historical or recent disturbance.

TG6 plans to carry out detailed infill and extension soil sampling where required over the current wide spaced soil grid.

For areas with more details, it will design immediate drill programs and lodge programs of work and heritage surveys.

This article was developed in collaboration with TG Metals, a Stockhead advertiser at the time of publishing. 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.