Nov 9 (Reuters) - TNG Ltd TNG.AX :
* Update on proposed demerger of base metal assets TNG.AX
* Says due to current weak market conditions in junior exploration sector, it has decided to defer demerger of its portfolio of base metals assets in northern territory
* Says has been exploring the optimum funding structure for todd river including funding for an unlisted structure
* Source text for Eikon ID:nASX6mtCY6