TechGen follows historic soil anomaly to bonanza grades including gold, copper, antimony

The Market Herald
2024-11-26

TechGen Metals (ASX:TG1) has noted grades of up to 48.8 grams per tonne of gold, 27.8% copper, 3.92% antimony, 3.72% lead, and 49.3% iron from rock chip sampling at one part of its Mt Boggola project in Western Australia.

The samples were taken from the project’s Northern Star soil anomaly, which stretches across an area of one kilometre by one kilometre, and where exploration is focused on a copper, gold, lead, and arsenic soil anomalism picked up from historic sampling work.

Mineralisation in the area is also indicated through the presence of quartz veins, quartz breccias, and gossanous outcrops – the latter hosting iron and malachite – found there.

TechGen will be building its exploration around the anomaly area in the first half of 2025, with targets there including IOCG, shear hosted, and intrusive copper-gold systems with potential antimony and lead associations.

Managing director Ashley Hood said the uncovering of this historic anomaly had been a game changer for the company.

“Recent sampling and mapping have validated this historical target, with new assay results from recent rock chip sampling at Mt Boggola returning outstanding and very encouraging high-grade numbers,” he said.

“These results are from an area of historic widespread soil anomalism, showing promising indications of potential IOCG style mineralisation supported by a gravity anomaly andcoincident structural faulting.

“The company plans to further test the Northern Star Anomaly area with close-spaced gravity and the latest IP geophysical surveys, scheduled for early next year when the weather conditions are more conducive to safely conducting these surveys.”

TechGen has been trading at 3.3 cents.

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