TechGen Metals unveils exploration results from Mt Boggola Project
Mining
TechGen Metals (ASX:TG1) released exploration results from its 100% owned Mt Boggola Project in Western Australia.
High-grade samples of copper, gold, iron, and antimony were identified at the Northern Star Anomaly, a 1km2 area defined by historical sampling.
The anomaly shows peak values of 48.8g/t gold and 27.8% copper, among other findings.
Key geological features in the area include quartz veins and breccias, with mineralisation targets pointing towards IOCG (iron oxide copper gold) systems.
Quartz and malachite-bearing gossans highlight the strong potential for further discoveries.
Upcoming geophysical surveys, using ground gravity and induced polarisation techniques, are planned for early 2025.
TechGen's Managing Director, Ashley Hood, stated, "Uncovering the historical Northern Star copper-dominant soil anomaly has allowed the company to focus its efforts on this area in Q1 2025."
"Recent sampling and mapping have validated this historical target, with new assay results, showing promising indications of potential IOCG style mineralisation," Hood added.
The project, situated 60km south of Paraburdoo, spans 415km2 across five exploration licences.
In the 1970s and 1980s, major industry players conducted preliminary exploration in the Ashburton Basin, revealing initial deposits.
Further tests and evaluations are anticipated to deepen understanding of potential mineralisation.
The findings underscore TechGen's strategic focus on exploring and developing high-potential geological regions.
At the time of reporting, TechGen Metals' share price was $0.032.