TG6 5.26% 18.0¢ tg metals limited

Ann: Investor Presentation - RIU Sydney Resources Roundup, page-31

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  1. 3,024 Posts.
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    Jaegermeister will be when it is, but we know that in suitable flat terrain, TG6 can clear perhaps 7km of tracks for drilling rigs in 5 days. Have a look at the track area along pow drill lines that occurred between the 1 Nov 2023 and 6 Nov 2023 images below.

    At least initially, the "road" required would appear to require a similar level of prep work as the PoW drill line tracks that were done at Burmeister. The length of the new track/road that Gmeister notes to get to target A/B areas is under 5km so an optimistic estimate is one week of work and its done. There could be issues that make a "road" more difficult and time consuming to but if there are, they aren't obvious by looking at google earth.

    If drilling is successful and indicates there's a deposit to be defined then a permanent all-weather road would be on the schedule. I'm sure TG6 would also explore options like low height bridge over the creek (more akin to a boardwark) that would be removed when mining was complete.

    TG6 have indicated they want to get a drlll rig out there ASAP so while months away is possible, its like looking at the 1 Nov map and seeing nothing happening then fast forward 5 days and you have drilling locations appearing.

    https://hotcopper.com.au/data/attachments/6168/6168353-afd8102915c34e3be16d843d075e301e.jpgdri
    Last edited by WhatsTheTip: 14/05/24
 
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