New Risk • Mar 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$13.5m (US$9.24m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.5m free cash flow). Earnings have declined by 2.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (136% increase in shares outstanding). Revenue is less than US$1m (AU$45k revenue, or US$31k). Market cap is less than US$10m (AU$13.5m market cap, or US$9.24m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). New Risk • Mar 12
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.5m free cash flow). Earnings have declined by 2.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (133% increase in shares outstanding). Revenue is less than US$1m (AU$45k revenue, or US$32k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$24.0m market cap, or US$17.1m). New Risk • Feb 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (132% increase in shares outstanding). Revenue is less than US$1m (AU$32k revenue, or US$22k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$17.7m market cap, or US$12.5m). Bekanntmachung • Feb 11
TechGen Metals Ltd (ASX:TG1) entered into a Tenement Sale Agreement to acquire Mt Boggola East Cu-Au-Ag Project from Mining Equities Pty Ltd for AUD 1.8 million. TechGen Metals Ltd (ASX:TG1) entered into a Tenement Sale Agreement to acquire Mt Boggola East Cu-Au-Ag Project from Mining Equities Pty Ltd for AUD 1.8 million on February 11, 2026. A cash consideration of an immediate cash payment of AUD 0.1 million and the issuance of 4,651,163 shares valued at AUD 0.2 million. Additionally, milestone-based deferred payments are included: upon achieving a 30m drilling intersection at >1% Cu, TechGen will pay AUD 0.25 million in cash and issue AUD 0.25 million worth of shares, subject to shareholder approval. Further, upon delineating a mineral resource of 20 million tonnes at >1% Cu, TechGen will pay AUD 0.5 million in cash and issue AUD 0.5 million worth of shares under similar conditions. A 1% net smelter return royalty on minerals mined from the tenement is also part of the agreement.
The completion of TechGen's acquisition of assets from Mining Equities is contingent upon fulfilling specific conditions precedent. These include the execution of a Deed of Assignment concerning the native title agreement related to the Tenement and obtaining Ministerial consent for the Tenement transfer as per section 64 of the Mining Act. Once these conditions are satisfied or waived, the completion is scheduled to occur within 5 business days. Recent Insider Transactions • Dec 30
MD & Director recently bought AU$56k worth of stock On the 29th of December, Ashley Hood bought around 2m shares on-market at roughly AU$0.032 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ashley has been a buyer over the last 12 months, purchasing a net total of AU$90k worth in shares. Bekanntmachung • Sep 17
TechGen Metals Ltd, Annual General Meeting, Nov 12, 2025 TechGen Metals Ltd, Annual General Meeting, Nov 12, 2025. New Risk • Sep 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 135% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (135% increase in shares outstanding). Revenue is less than US$1m (AU$41k revenue, or US$27k). Market cap is less than US$10m (AU$8.14m market cap, or US$5.38m). Bekanntmachung • Sep 10
TechGen Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.2 million. TechGen Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,799,856
Price\Range: AUD 0.018
Discount Per Security: AUD 0.00108
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 37,311,255
Price\Range: AUD 0.018
Discount Per Security: AUD 0.00108
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,555,556
Price\Range: AUD 0.018
Discount Per Security: AUD 0.00108
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Bekanntmachung • Jul 31
TechGen Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 2.570385 million. TechGen Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 2.570385 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 142,799,139
Price\Range: AUD 0.018
Discount Per Security: AUD 0.00108
Security Features: Attached Options
Transaction Features: Rights Offering New Risk • Mar 13
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.3m free cash flow). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m (AU$41k revenue, or US$26k). Market cap is less than US$10m (AU$4.76m market cap, or US$3.01m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Jan 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Revenue is less than US$1m (AU$29k revenue, or US$18k). Market cap is less than US$10m (AU$5.39m market cap, or US$3.35m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Bekanntmachung • Oct 10
TechGen Metals Ltd, Annual General Meeting, Nov 29, 2024 TechGen Metals Ltd, Annual General Meeting, Nov 29, 2024. New Risk • Sep 22
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.0m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Revenue is less than US$1m (AU$21k revenue, or US$15k). Market cap is less than US$10m (AU$4.48m market cap, or US$3.05m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). New Risk • Mar 07
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.0m free cash flow). Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (99% increase in shares outstanding). Revenue is less than US$1m (AU$21k revenue, or US$14k). Market cap is less than US$10m (AU$4.96m market cap, or US$3.26m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). Bekanntmachung • Dec 15
TechGen Metals Ltd, Annual General Meeting, Jan 16, 2024 TechGen Metals Ltd, Annual General Meeting, Jan 16, 2024, at 10:00 W. Australia Standard Time. Location: Mining Corporate Board Room, Level 8, 216 St Georges Terrace, Perth WA 6000 Australia Agenda: To consider Ratification of Tranche 1 Placement Shares; to consider Approval of Tranche 2 Placement Shares; to consider Approval of Free-Attaching Placement Options; and to consider Approval of Director Performance Rights; to consider. New Risk • Nov 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (52% average weekly change). Earnings have declined by 28% per year over the past 5 years. Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m (AU$14k revenue, or US$9.5k). Market cap is less than US$10m (AU$8.46m market cap, or US$5.60m). Bekanntmachung • Nov 23
TechGen Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.798 million. TechGen Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.798 million.
Security Name: Ordinary shares
Security Type: Common Stock
Securities Offered: 49,964,287
Price\Range: AUD 0.056
Discount Per Security: AUD 0.00336
Transaction Features: Subsequent Direct Listing New Risk • Oct 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.0m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 28% per year over the past 5 years. Revenue is less than US$1m (AU$14k revenue, or US$9.1k). Market cap is less than US$10m (AU$1.85m market cap, or US$1.18m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). Bekanntmachung • Oct 02
TechGen Metals Ltd, Annual General Meeting, Nov 24, 2023 TechGen Metals Ltd, Annual General Meeting, Nov 24, 2023. Agenda: To consider election of Directors. New Risk • Sep 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.2m free cash flow). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m (AU$7.6k revenue, or US$4.9k). Market cap is less than US$10m (AU$2.39m market cap, or US$1.54m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (45% increase in shares outstanding). New Risk • Sep 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.2m free cash flow). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m (AU$7.6k revenue, or US$4.8k). Market cap is less than US$10m (AU$3.09m market cap, or US$1.97m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (45% increase in shares outstanding). Bekanntmachung • Jul 14
TechGen Metals Ltd, Annual General Meeting, Aug 16, 2023 TechGen Metals Ltd, Annual General Meeting, Aug 16, 2023, at 09:00 W. Australia Standard Time. Location: Level 8, 216 St Georges Terrace, Perth, WA 6000 Perth Western Australia Australia Agenda: To consider Ratification of Prior Issue of Placement Shares; to consider Approval to Issue Free-Attaching Placement Options; and to consider Approval to Issue Lead Manager Options. Bekanntmachung • Jun 14
TechGen Metals Ltd (ASX:TG1) completed the acquisition of Jackadgery gold project in New South Wales from Black Dragon Energy (Aus) Pty Ltd, Chrissie McClatchie and Andrew Sloot AUD 0.23 million. TechGen Metals Ltd (ASX:TG1) entered into an agreement to acquire Jackadgery gold project in New South Wales from Black Dragon Energy (Aus) Pty Ltd, Chrissie McClatchie and Andrew Sloot for AUD 0.13 million on May 16, 2022. Under the binding term sheet, TechGen will be given the option to acquire a 90% interest of EL 8389, plus will take on a 100% legal and beneficial interest in EL 9121 from Black Dragon. As of June 6, 2022, TechGen Metals acquired 100% interest in EL 9121.TechGen Metals Ltd (ASX:TG1) completed the acquisition of Jackadgery gold project in New South Wales from Black Dragon Energy (Aus) Pty Ltd, Chrissie McClatchie and Andrew Sloot AUD 0.23 million on June 12, 2023. TechGen now holds 90% of EL8389 and 100% in EL9121. As part of the acquisition, upfront consideration of AUD 0.133 million worth of shares in TechGen (“Initial Consideration Shares”) and on 12 June 2023 the final cash consideration of AUD 0.1 million was paid to complete the exercise of the option, for TechGen to complete the acquisition of 90% interest in tenement EL8389. Bekanntmachung • Jan 17
Techgen Metals Ltd Provides an Exploration Progress Update Across Its Active Portfolio of Strategic and Highly Prospective Exploration Projects TechGen Metals Ltd. provide an exploration progress update across its active portfolio of strategic and highly prospective exploration projects. A number of projects currently have works underway and/or are awaiting results prior to the next phase of work commencing. The Company's maiden gold discovery at John Bull, NSW, was a standout success. All 7 drill holes returned assays of greater than 1 g/t Au including broad mineralised intersections of 68m @ 1.0 g/t Au, including 23m @ 2.02 g/t from surface (hole JBRC001), and 66m @ 1.14 g/t Au from 32m. Outstanding first pass soil sampling results were released in November from a sampling program designed to step out in all directions away from the recently completed RC drilling. Soil results returned a standout peak soil result of 8.56 g/t gold with thirty-eight (38) soil samples returning values + 1 g/t gold. Two broad zones of + 0.1 g/t Au (100 ppb Au) soil anomalism were identified. Zone 1, which includes the RC drilling area, extends over an area of 550 metres x 275 metres & Zone 2, to the southwest of Zone 1, extends over an area of 250 metres x 150 metres. Both the soil anomaly zones remain open. Results from the final 157 soil samples are still awaited. Field mapping and planning for a follow-up drilling program (Stage 2) is currently underway. The drilling program, likely to consist of both reverse circulation (RC) and diamond drilling, will step out to the north and south of the previous single RC drill line and also investigate the recently identified intrusive rock types to assess any possible relationship to the gold mineralisation. Planning for field mapping combined with rock chip sampling is underway to test structural and geochemistry targets. A targeting study, completed by PGN Geoscience, identified a number of targets for immediate follow up and the target areas potential has been increased based on recent mapping by neighbouring Norwest Minerals Limited who reported the V1, V2 and V3 targets trending southeast towards the Company's Station Creek Project. Assay results from an ultra-fine fraction soil sampling program along 22 east-west sample lines, totalling 434 samples, completed in mid-December 2022 are awaited. The program was designed to infill previously identified Ni-Cu-PGE and Gold targets and to cover the structurally favourable northern part of a mafic-ultramafic intrusive complex which historically has not been subject to systematic exploration. Interpretation of airborne magnetic data highlighted a 25km x 4km long magnetic feature running NE-SW up the eastern side of E20/1022 and offset structurally but continuing into E09/2699 as a mafic-ultramafic intrusive complex and thus an area of high interest for Ni-Cu-PGE exploration. The mafic/ultra-mafic Narryer Dome magnetic feature is mostly covered by alluvial sand cover and little outcrop occurs across the area. The Cyclops Project has three high-priority untested airborne EM anomalies that have coincident magnetic highs. The previous airborne EM data is currently being plate modelled in preparation for drill testing. The EM targets, Cyclops 1 - 3 Prospects, are located in an area where previous rock chip sampling and regional drilling confirmed the presence of ultramafic rock types. Platypus Minerals Ltd. collected a rock chip sample (Sample P702234) in 2015 approximately 150 metres from the Cyclops 2 Prospect which assayed 0.1% Ni and 0.2% Cr confirming the presence of ultramafic rocks close to the high-priority EM targets. RC drilling in the area in 1972 by Carpentaria Exploration Company Pty Ltd. returned an intersection of 111m @ 0.2% nickel from surface to end of hole confirming the presence of ultramafic rocks (Hole PH5). The Cyclops 1 - 3 Prospects have not previously been drilled. The 3 EM targets sit close to geological contacts between the Archean-aged Dalton Suite (intrusive mafic & ultramafic units), Mount Roe Basalt (basalt and sedimentary units) and Hardey Formation (sedimentary & felsic volcanic units) and are considered prospective locations for the occurrence of mafic-ultramafic hosted Ni-Cu-PGE mineralisation. Planning to test anomalous rare earth element (REE) and radiometric areas is underway. Assay results of rock chip samples collected previously as part of the Company's base metal and gold exploration program returned highly anomalous REE results for both Cerium (Ce) and Lanthanum (La). Seventeen sample pulps were selected and sent for specific REE testing as a first pass evaluation of the potential of the area. The results are considered highly encouraging given REE style geology was not being targeted during the initial sample collection. REE assay results Total Rare Earth Oxide (TREO) for these samples range from 48 ppm to 1,885 ppm. Three samples, MB10, MB24 & MB30, returned TREO results of over 1,000 ppm. The Radiometric open file data for thorium, uranium & potassium was processed by Southern Geoscience Consultantsacross the project area. This work highlighted a robust thorium anomaly in the southwestern project area. Limited geological information is currently available on the anomaly areas however it represents key REE targets. No previous exploration is recorded in the anomaly areas. Bekanntmachung • Dec 20
TechGen Metals Ltd Provides an Update on Activities At the 100% Owned Narryer Project Located 650Km North of Perth in Western Australia TechGen Metals Ltd. provide an update on activities at the Company's 100% owned Narryer Project located 650km north of Perth in Western Australia. The project consists of Exploration Licences E20/1022 & E09/2699 covering a combined area of 380km 2. The project is in the Narryer Terrane on the edge of the Archean-aged Yilgarn Craton. The western edge of the Yilgarn Craton represents the emerging under-explored West Yilgarn Ni-Cu-PGE Province which covers an area of 1,200km x 100km. The West Yilgarn Ni-Cu-PGE Province contains the Julimar Ni-Cu-PGE Deposit discovered in March 2020 by Chalice Mining Limited. An ultrafine soil sampling program along 22 east-west sample lines (434 samples) has been completed at the Narryer Project with samples currently being analysed. The program was designed to infill previously identified Ni-Cu-PGE and Gold target areas and to cover the northern part of a mafic-ultramafic intrusive complex which historically has not been subject to systematic exploration previously. Interpretation of airborne magnetic data highlighted a 25km x 4km long magnetic feature running NE-SW up the eastern side of E20/1022 and offset structurally but continuing into E09/2699 a mafic-ultramafic intrusive complex and thus an area of high interest for Ni-Cu-PGE exploration. The mafic/ultra-mafic Narryer Dome magnetic feature is mostly covered by alluvial sand cover and little outcrop occurs across the area. Successfully identified Ni-Cu-PGE targets of high order will be followed up with moving loop electromagnetic surveys to identify possible magmatic massive sulphide intrusive systems. The company looks forward to further updates as results are received and modelled at its 100% owned Narryer Project. Bekanntmachung • Nov 30
TechGen Metals Ltd Provides an Exciting Update on "Soil" Sampling Results Which Have Returned A Peak Value of 8.56 g/t Au At the John Bull Gold Project in New South Wales TechGen Metals Limited provided an exciting update on "soil" sampling results which have returned a peak value of 8.56 g/t Au at the John Bull Gold Project in New South Wales (Figures 1, 2 & 3). A comprehensive soil sampling program of 611 samples has been completed to test for strikeextensions to the broad gold intercepts returned from the projects maiden RC drilling program completed in August (ASX announcement 1st September 2022). The John Bull Gold Project is located within the New England Orogen in northern New South Wales. The soil sampling program was designed to step out in all directions away from the recently completed RC drilling program during which 7 holes were drilled along an east-west traverse line. All 7 drill holes returned assays of greater than 1 g/t Au including some broad mineralised intersections such as 68m @ 1.0 g/t Au, including 23m @ 2.02 g/tfrom surface (hole JBRC001) and 66m @ 1.14 g/t Au from 32m (hole JBRC006). A total of 611 soil samples were taken and assay results for 454 have now been received with the results for the remaining 157 samples still awaited (Figures 1 & 2). A central zone was sampled on 25m x 25m spacings with the outer zone sampled at 50m x 50m spacings. Assay results received have returned a peak soil sample result of 8.56 g/t gold. Thirty-eight (38) soil samples have returned values + 1 g/t gold. Two broad zones of + 0.1 g/t Au (100 ppb Au) soil anomalism have been identified. Zone 1, which includes the RC drilling area, extends over an area of 550 metres x 275 metres & Zone 2, to the southwest of Zone 1, extends over an area of 250 metres x 150 metres. Both the soil anomaly zones remain open. Several of the higher gold soil values come from an area interpreted to have been sluiced historically whilst the southwest soil anomaly (Zone 2) is a new area of anomalism away from any previously known indications of mineralisation. The John Bull Project has many indications of a potentially large scale, mineralised, gold system. These indications include a historic trench with a 160 metre @ 1.2 g/t Au interval, recent RC drilling results which include 68 metres @ 1.0 g/t Au and 66 metres at 1.14 g/t Au, the presence of several small-scale shafts mined historically for gold, mineralised quartz veins at surface in several areas and now 2 extensive high-grade gold soil anomalies. Bekanntmachung • Nov 28
TechGen Metals Ltd. Provides an Update on Activities at the Company's 100% Owned Mt Boggola Project TechGen Metals Limited provided an update on activities at the Company's 100% owned Mt Boggola Project located within the Proterozoic-aged Ashburton and Edmund Basins of Western Australia. The Mt Boggola Project consists of four Exploration Licences, covering a combined area of 352 km2, located 75km south of the town of Paraburdoo. Assay results from 3 RC drill holes, completed to test 3 discrete EM anomalies, have been received. Drilling intersected strongly graphitic and pyritic shales which has explained the source of the EM anomalies. Drilling tested only 1 target style within a small part of the larger project area and other high priority targets remain untested. Remaining target styles include: Down dip & along strike from previous drilling results (Incl. 4m @ 2.32% Cu). Intrusion (magnetic high) with high grade copper-gold rock chips (Incl. 17.8% Cu & 5.08g/t Au). Follow up of elevated Rare Earth Element rock chips (Incl. TREO to 1,885ppm). Recently identified discrete to continuous mid to late channel VTEM anomalies. Radiometric Thorium and Uranium anomalies. A reverse circulation (RC) drilling program of 3 holes for 690 metres was completed at the Mt Boggola Project in September 2022. The drilling was designed to test 3 strong and discrete EM anomalies identified by the Company in 2021 via airborne EM and follow-up ground EM programs. Drill funding for the Mt Boggola drilling program was assisted by co-funding provided by the WA State Government's Exploration Incentive Scheme (EIS). The full length of each drill hole was sampled and assayed for gold and a suite of multi-elements at ALS Laboratories in Perth. Assay results have now been received and have returned no significant results for base or precious metals. Drilling intersected a sequence of strongly graphitic and pyritic shales which has explained the source of the EM anomalies being targeted. Bekanntmachung • Nov 17
TechGen Metals Limited Provides Update on Activities At Station Creek Copper Project TechGen Metals Limited provided an update on activities at the Company's 100% owned Station Creek Project located within the Proterozoic-aged Ashburton Basin of Western Australia. The Station Creek Project is located 70 km southwest of the town of Paraburdoo on Exploration Licence E08/2946 and is considered prospective for shear zone hosted base metal and gold deposits. A reverse circulation (RC) drilling program of 12 holes for 1,636 metres was completed at the Station Creek Project in September 2022 to test geochemical, structural and IP geophysics targets at the TA1, TA2, TA3 and TA4 Prospects. Assay results have now been received and have returned intervals of +1% copper at both the TA2 and TA4 Prospects. Two of the drill holes, SCRC007 & SCRC012, both returned assays of greater than 1% Cu from shallow depths. Best results include 1m @ 2.06% Cu from 9m (SCRC007) and 7m @ 1.23% Cu from 20m (SCRC012). Anomalous copper assays in drill holes SCRC002, SCRC007, SCRC011 & SCRC012 correlate well with intervals of coppercarbonate (malachite) and chalcopyrite logged on site during drilling. The Station Creek Project covers an area of 54 km2 located in the highly prospective Ashburton Basin. Whilst assay results have been pending further work has been ongoing at the project which has included a structural and geochemical targeting exercise completed by external consultants. This work has identified 9 priority target areas (PGN5 - 13) which will be the focus of upcoming exploration activities. The project is considered prospective for gold and base metal discoveries. The structural mapping and target identification by PGN Geoscience has identified a number of targets for immediate follow up, three targets PGN9, PGN 10 and PGN11 will be of priority given the complexity around structural controls and recent mapping by neighbouring Norwest Minerals Limited (ASX announcement 02 September 2022 who reported the V1, V2 and V3 targets trending southeast towards the Company's Station Creek Project. Target V1 - 700m, 7 samples for 21.2% Cu & 1.17g/t Au, V2 - 500m, 5 samples for 27.2% Cu & 2.93g/t Au and V3 350m, 3 samples for 24.5% Cu & 0.83g/t Au. TechGen is an Australian registered exploration Company with a primary focus on exploring and developing its gold and base metal projects across Australia. TechGen holds a portfolio of twenty-five exploration licences strategically located in five highly prospective geological regions in WA, and one in NSW. Board Change • Nov 16
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Executive Technical Director Andrew Jones is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Chairman of the Board Maja McGuire was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Bekanntmachung • Nov 01
Techgen Metals Limited Provides Exploration Update WA & NSW TechGen Metals Limited provided an update on exploration activities at the Company's Mt Boggola, Station Creek and Narryer Projects in Western Australia and the John Bull Project in NSW. A 650-line km helicopter VTEM geophysical survey in the southern and central part of the Mt Boggola Project has identified several moderate-strong and extensive-discrete mid-channel and late-channel anomalies. Some of the VTEM anomalies have favourable coincident local magnetic anomalism associated with them. The western portion of the VTEM survey covered the highly magnetic sequence referred to as the "Boggola North Beds" which runs in an arc through the project area. The eastern part of the survey covered a sequence of mafic sills that intrude the area. In addition, the project area contains 20km of the strike along the basin margin between the Ashburton Basin and Edmund Basin. VTEM anomalies have been identified in each of the geological settings targeted. Several of the VTEM anomalies are considered high priority and planning to field check their location is already underway. An RC drilling program of 3 holes for 690 metres was completed at the Mt Boggola Project in late-September. The drilling program was designed to test three strong and discrete EM anomalies. This drilling program was supported by the WA State Government's EIS co-funded drilling program. The entire length of each drill hole was sampled and these samples are currently in Perth being assayed for gold and a multi-element suite of elements at ALS Laboratories in Perth (181 samples in total). Assay results from the drilling program are expected to be available in mid-November. An RC drilling program of 12 holes for 1,636 metres of drilling was completed at the project in late-September targeting Induced Polarisation (IP) targets, structural targets and geochemical targets at the TA1 TA4 Prospect areas. The full length of each drill hole was sampled with samples sent to ALS Laboratories in Perth to be assayed for gold and a multi-element suite of elements (437 samples in total). Assay results from the drilling program are expected to be available in early-November. A soil sampling program of 611 samples, on a close spaced 25m x 25m and 50m x 50m grid pattern, has now been completed with samples at the laboratory being assayed (Figure X). The soil program has stepped out from an East West RC drill line completed by TechGen in September 2022 where drilling returned several significant gold intersections. Significant gold drill intersections included 68m at 1.0 g/t Au from surface (hole JBRC001), 23m at 1.10 g/t Au from 95m (hole JBRC005) and 94m at 0.95 g/t Au from 4m (hole JBRC006). Gold mineralisation is associated with stacked quartz veining within a sequence of fine to medium grained carbonaceous sedimentary rocks (shale - siltstone sandstone). Gold mineralisation remains open downdip to the east and along strike to both the north and south. Assay results from the soil sampling program are expected to be available in late-November. Further soil sampling to follow-up on Ni-Cu-PGE and Au targets identified by an ultra-fine fraction (UltraFine) soil sampling program completed in April 2022 and to cover the untested northern part of the mafic-ultramafic intrusive complex is due to commence in early November. The program is expected to take 2 weeks to be completed. Bekanntmachung • Oct 29
TechGen Metals Ltd, Annual General Meeting, Nov 30, 2022 TechGen Metals Ltd, Annual General Meeting, Nov 30, 2022, at 09:00 W. Australia Standard Time. Location: 683 Murray Street, West Perth Western Australia Australia Agenda: To table and consider the Annual Report of the Company and its controlled entities for the financial year ended 30 June 2022, which includes the financial report, the directors' report and the auditor's report; to consider the adoption of remuneration report; to consider the re-election of director; to consider the approval of 10% placement facility; to consider the ratification of prior issue shares for acquisition of John Bull project; to consider the ratification of prior issue of placement shares; to consider the approval to issue placement shares to directors; to consider the approval to issue performance rights to directors; and to consider the approval to issue lead manager options. Bekanntmachung • Oct 21
TechGen Metals Ltd Provides Update on Activities At the Company's 100% Owned Narryer Project Located 650Km North of Perth in Western Australia TechGen Metals Limited provided an update on activities at the Company's 100% owned Narryer Project located 650km north of Perth in Western Australia. The project consists of Exploration Licences E20/1022 & E09/2699 covering a combined area of 380km2. The project is in the Narryer Terrane on the edge of the Archean-aged Yilgarn Craton. The western edge of the Yilgarn Craton represents the emerging under-explored West Yilgarn Ni-Cu-PGE Province which covers an area of 1,200km x 100km. The West Yilgarn Ni-Cu-PGE Province contains the Julimar Ni-Cu-PGE Deposit discovered in March 2020 by Chalice Mining Limited. HIGHLIGHTS are: Results of an ultra-fine fraction soil program identify Ni-Cu-PGE & Au targets for follow-up; New airborne magnetic & radiometric data provides better definition to assist with planning of follow-up and step-out soil sampling programs and has identified several features of interest; Focus on targeting magmatic nickel-copper-PGE sulphide mineralisation; and Additional soil sampling due to commence in early November - Narryer North. The results of a broad spaced, 800m x 200m, ultra-fine fraction (UltraFine) soil sampling program along 12 east-west sample lines (277 samples) have now been received and interpreted. The UltraFine soil sampling technique was developed by CSIRO in conjunction with LabWest Minerals and involves sampling the clay dominant "ultra-fine" fraction of the soil. It is this "ultra-fine" component which can absorb pathfinder elements released via the processes of hydromorphic dispersion from weathered, buried mineralisation. The soil data was levelled with respect to regolith and geology domains and then the levelled and raw data assessed to determine areas of anomalism. Some images of elements levelled for regolith domains. The soil sampling results indicate the presence of 11 targets for follow-up sampling. Eight of the targets identified are Ni-Cu-PGE targets and three targets are Au targets. The soil sampling program was the first exploration program to target a mafic-ultramafic intrusive complex which runs for approximately 25km through the Narryer Project area. Ultramafic and mafic rocks were recently confirmed in the project area by rock chip samples collected during the soil sampling program. The preliminary data from a detailed 1,800-line kilometre airborne magnetic & radiometric survey, designed to cover the entire 25km strike length of the mafic-ultramafic intrusive complex at the Narryer Project, has now been received. The newly acquired airborne data provides better definition of the magnetic character of the area that will assist with the planning of follow-up and step-out soil sampling programs. The data is undergoing further processing but already several features of interest have been identified including structural offsets and circular features. Further soil sampling to follow-up on identified Ni-Cu-PGE and Au targets and to step-out from previous sampling is due to commence in early November. Bekanntmachung • Oct 11
TechGen Metals Ltd Announces Comprehensive Geochemistry Survey Underway At the John Bull Gold Project TechGen Metals Limited provide an update following on from the Company's gold discovery at the John Bull Gold Project, NSW, where a maiden RC drilling program was recently completed. A comprehensive soil geochemistry program is currently underway aiming to test for strike extensions to the north and south of the broad gold RC drilling intercepts. The John Bull Gold Project is located within the New England Orogen in northern New South Wales. Drill sites from the maiden RC drilling campaign were designed along a single east west drill line to test the quartz mineralisation in the historic John Bull gold shafts (1880's), the main gold sluiced area (1940's), the historic surface trench (1980's by Kennecott Exploration (Australia) and Southern Goldfields Ltd) that contained an untested mineralised interval of 160m @ 1.2 g/t Au and the Induced Polarisation (IP) chargeability high located beneath the historic surface trench. Assay results from all drill holes returned a number of exceptionally broad gold intersections including 68m @ 1.0 g/t Au from surface (hole JBRC001), 11m @ 1.07 g/t Au from 34m (hole JBRC004), 7m @ 1.65 g/t Au from 12m & 13m @ 1.02 g/t Au from 57m & 23m @ 1.10 g/t Au from 95m (hole JBRC005), 94m @ 0.95 g/t Au from 4m including 66m @ 1.14 & 17m @ 1.08 g/t Au from 109m. Zones of higher-grade gold mineralisation occur within the broader mineralised zones including 23m @ 2.02g/t Au from 39m downhole in hole JBRC001. Gold mineralisation is associated with stacked quartz veining within a sequence of fine to medium grained carbonaceous sedimentary rocks (shale - siltstone sandstone). Gold mineralisation remains open downdip to the east and along strike to both the north and south. With the understanding and knowledge from the gold mineralisation from the maiden RC program, newly identified quartz alteration zones are being mapped and sampled during the current geochemistry survey. Bekanntmachung • Sep 30
TechGen Metals Ltd Announces Airborne Magnetic Survey Commenced at the Narryer Ni-Cu-PGE Project TechGen Metals Limited provided an update on activities at the Company's 100% owned Narryer Project located 650km north of Perth in Western Australia. The project consists of Exploration Licences E20/1022 & E09/2699 covering a combined area of 380km. The project is in the Narryer Terrane on the edge of the Archean-aged Yilgarn Craton. The western edge of the Yilgarn Craton represents the emerging under-explored West Yilgarn Ni-Cu-PGE Province which covers an area of 1,200km x 100km. The West Yilgarn Ni-Cu-PGE Province contains the Julimar Ni-Cu-PGE Deposit discovered in March 2020 by Chalice Mining Limited. Interpretation of regional airborne magnetic data combined with recent rock chip sampling has identified a 25km long, previously unexplored, mafic-ultramafic intrusive complex of high interest for Ni-Cu-PGE focussed exploration. The Company has commenced an 1,800-line kilometre detailed airborne magnetic & radiometric survey to cover the entire 25km strike length of the recently identified mafic-ultramafic intrusive complex running through the eastern project area. The results of this survey will assist with targeting of future magmatic Ni-Cu-PGE exploration activities commencing in the coming weeks. The Company's Narryer project has previously had no recorded exploration and only low-resolution magnetics and radiometric open file data to date. The survey and final processing of data is expected to be completed by mid-October. The outcome of the survey will provide a better definition of the geology in targeting for magmatic intrusive Ni-Cu-PGEs. The quality high-resolution magnetics will better define the geology of the interpreted Narryer Dome mafic ultramafic complex in the north-eastern portion of E09/2699. This intrusive Narryer Dome (which is presumed mostly under alluvial cover) has been interpreted by the Company to be 5km x 3km and has had no previous exploration. Field sampling and mapping is due to commence mid-October by the Company's technical team. Bekanntmachung • Sep 24
Techgen Metals Limited Provided an Update on Activities At 100% Owned Station Creek and Mount Boggola Projects Located Within the Proterozoic-Aged Ashburton Basin of Western Australia TechGen Metals Limited provided an update on activities at the Company's 100% owned Station Creek and Mount Boggola Projects located within the Proterozoic-aged Ashburton Basin of Western Australia. The Station Creek Project is located 70km southwest, whilst the Mount Boggola Project is located 75km south- of the town of Paraburdoo. A reverse circulation (RC) drilling program has now been completed at the Station Creek Project in the Ashburton Basin of Western Australia (Figure 2). A total of 12 RC drill holes for 1,636 metres were drilled. The program was designed to test a series of Induced Polarisation (IP) targets, structural targets and geochemical target at the TA1 - TA4 Prospect areas. The full length of each drill hole has been sampled and samples sent to Laboratories in Perth for assaying. Following the completion of the Station Creek Project drilling program the drill rig has moved to the Mount Boggola Project and has commenced drilling. The drilling at Mount Boggola is designed to test 3 strong and discrete EM anomalies identified by the Company in 2021 via airborne EM and follow-up ground EM programs (Figure 1 below). Drill funding for the Mount Boggola program is assisted by co-funding provided by the WA State Government's Exploration Incentive Scheme (EIS). The Mount Boggola drilling program is anticipated to take 7 - 10 days to complete. The current VTEM survey (ASX announcement 19th September 2022) in the southern portion of the Company's Mt Boggola project is targeting base metals - lead, zinc and copper situated on the northern margin of the Mesoproterozoic Bangemall Basin, underlain by the Palaeoproterozoic sediments of the Ashburton Formation. The Bangemall Basin is an intra-cratonic basin lying between the Archaean Yilgarn and Pilbara cratons. Historically WAMEX recorded malachite-stained gossans occur and remain untested by modern geophysics. Reported (A35154) gossans returned up to 12.5% Cu, 0.3% Pb and anomalous As-Sb-Sn (ranging from 0.03% to 0.1%). In this area the underlying Ashburton Formation slates are altered with hydrothermal chlorite, as distinct from the regional metamorphic variety and are also strongly silicified for 30 to 40m below the unconformity. Bekanntmachung • Sep 20
TechGen Metals Ltd. Announces Airborne EM & Magnetics Survey Commenced Targeting Base Metal Mineralisation TechGen Metals Limited announced that the scheduled heliborne Versatile Time-Domain Electro Magnetic (VTEMTM- Max) and Magnetics geophysical survey has now commenced within the Company's highly prospective 100% owned Mt Boggola Project in the Proterozoic-aged Ashburton and Edmund Basins of Western Australia. The Mt Boggola Project consists of four Exploration Licences, covering a combined area of 352 km2, located 75km south of Paraburdoo. The VTEM - Max & Magnetics geophysical survey in the southern part of the Mount Boggola Project willconsist of approximately 650-line kilometres of surveying. The western portion of the survey, at 200m line spacings, is designed to cover the highly magnetic sequencereferred to as the "Boggola North Beds" which runs in an arc through the project area. The "BoggolaNorth Beds" are a submarine sequence of felsic, mafic and ultramafic volcanics, cherts, BIF, jaspilite andvolcaniclastic and clastic sediments, associated with mapped copper, zinc and nickel in gossans, which appearto be under explored by previous Companies. Three strong and discrete EM anomalies were identifiedadjacent to the "Boggola North Beds" by the Company in May 2021 and RC drilling to test these anomalies isdue to commence shortly. The eastern part of the survey, at 400m line spacings, is designed to cover a sequence of mafic sills thatintrude the area. In addition, the project area contains 20km of the strike along the basin margin betweenthe Ashburton Basin and Edmund Basin. The basin margin area is considered prospective for sediment hostedbase metal mineralisation occurrences and previous exploration has already identified anomalous zinc andcopper rock chips with limited drilling and no known geophysics, giving the Company another first moveradvantage in this favourable geological setting. The survey will cover the basin margin contact. Bekanntmachung • Sep 12
TechGen Metals Limited Confirms Gold Discovery at John Bull Gold Project, NSW TechGen Metals Limited confirmed gold discovery at the John Bull Gold Project, NSW, where a maiden RC drilling program of 7 holes for 887m was recently completed. The John Bull Gold Project is located within the New England Orogen in northern New South Wales. The drilling program was the first drilling ever to be completed within the project area. Drill sites for the maiden RC drilling campaign were designed along a single east - west drill line to test the quartz mineralisation in the historic John Bull gold shafts (1880's), the main gold sluiced area (1940's), the historic surface trench (1980's by Kennecott Exploration (Australia) and Southern Goldfields Ltd) that contained an untested mineralised interval of 160m @ 1.2 g/t Au and the Induced Polarisation (IP) chargeability high located beneath the historic surface trench. Assay results from all drill holes have now been received and have returned a number of exceptionally broad gold intersections including 68m @ 1.0 g/t Au from surface (hole JBRC001), 11m @ 1.07 g/t Au from 34m (hole JBRC004), 7m @ 1.65 g/t Au from 12m & 13m @ 1.02 g/t Au from 57m & 23m @ 1.10 g/t Au from 95m (hole JBRC005), 94m @ 0.95 g/t Au from 4m including 66m @ 1.14 & 17m @ 1.08 g/t Au from 109m. Zones of higher-grade gold mineralisation occur within the broader mineralised zones including 23m @ 2.02g/t Au from 39m downhole in hole JBRC001. Gold mineralisation is associated with stacked quartz veining within a sequence of fine to medium grained carbonaceous sedimentary rocks (shale - siltstone - sandstone). Gold mineralisation remains open downdip to the east and along strike to both the north and south. Further exploration activities are now being planned to assess the size potential of the mineralised system discovered at John Bull and to explore the remainder of the project area which has been subjected to only minimal historic exploration. The maiden drilling program was completed along a single approximately east-west oriented drill line and thus significant along strike potential, to both the north and south, is considered to exist within the project area. Gold mineralisation intersected in drilling also remains open at depth to the east. Bekanntmachung • Sep 02
TechGen Metals Ltd Provides Update on Activities at its 100% Owned Station Creek Project in Western Australia TechGen Metals Ltd. provided an update on activities at the Company's 100% owned Station Creek Project located within the Proterozoic-agedAshburton Basin of Western Australia. The Station Creek Project is located 70km southwest of the town of Paraburdoo on Exploration Licence E08/2946 and is considered prospective for shear zone hosted base metal and gold deposits. The TA1 Prospect has coincident Induced Polarisation (IP) chargeability & resistivity highs corresponding to high-grade copper & silver rock chip samples (Peak 54.8% Cu & 249g/t Ag) with the presence of copper sulphide minerals confirmed. The Gradient Array Induced Polarisation (GAIP) and Dipole-Dipole Induced Polarisation (DDIP) ground geophysics surveys completed at the Station Creek Project covered an area where exceptional high-grade copper and silver rock chip samples have previously been reported by the Company at TA1. Drilling has commenced at the TA2 prospect that corresponds to a GAIP chargeability high which coincidentally is at the same location as a 7.32% Cu rock chip sample and close to a 1.27g/t Au rock chip sample taken by the Company in 2020. DDIP surveying was not undertaken at the TA2 Prospect area. The TA3 and TA4 Prospects sit along northwest southeast striking shear zones and both have historical copper workings and outcropping copper carbonate minerals at surface (malachite & azurite). The current reverse circulation (RC) drilling program, of approximately 12 holes for 2,000 metres, is the first drilling to be completed at the TA1 TA4 Prospects. The Company anticipates that the drilling program will take two weeks to complete. Bekanntmachung • Sep 01
Techgen Metals Limited Provides an Update on Activities At the John Bull Gold Project, Nsw, Where A Maiden Rc Drilling Program Was Recently Completed TechGen Metals Limited provided an update on activities at the John Bull Gold Project, NSW, where a maiden RC drilling program was recently completed. The John Bull Gold Project is located within the New England Orogen in northern New South Wales. The Company completed a maiden reverse circulation (RC) drilling program of 7 holes for 887m at the project in mid-August 2022. The drilling program was the first drilling ever to be completed within the project area. Assay results from the first drill hole, JBRC001, have now been received and have returned a broad intersection of 68m @ 1.0g/t Au from surface to 68m downhole. Zones of higher-grade gold mineralisation occur within the broader mineralised zone including 23m @ 2.02g/t Au from 39m downhole. Gold mineralisation in hole JBRC001 is associated with stacked quartz veining within a sequence of fine to medium grained carbonaceous sedimentary rocks (shale - siltstone - sandstone). Assay results from the remaining 6 drill holes, JBRC002 - JBRC007, completed during the drilling program are awaited and expected to be available within the coming week. Drill sites for the maiden drilling campaign were designed along a single east - west drill line to test the historic John Bull gold shafts (1880's), the main gold sluiced area (1940's), the historic surface trench (1980's by Kennecott Exploration (Australia) and Southern Goldfields Ltd) that contained an untested mineralised interval of 160m @ 1.2 g/t Au and the Induced Polarisation (IP) chargeability high located beneath the historic surface trench. Bekanntmachung • Aug 24
TechGen Metals Limited Updates on Activities At Earaheedy Project Located in Western Australia TechGen Metals Limited provided an update on activities at the Earaheedy Project located in Western Australia. The Earaheedy Project consists of five Exploration Licence Applications covering a combined area of 911km2, located 850km northeast of Perth. The project is in the Proterozoic-aged Earaheedy Basin which covers an area of approximately 400km x 100km. The Earaheedy Basin contains the larger Chinook Zn-Pb-Ag project area and has an Exploration target. The Earaheedy Project contains approximately 75km strike extent of sedimentary rocks of the Frere Formation and also the contact between the Frere Formation and the underlying Yelma Formation. Base metal mineralisation at the Chinook Zn-Pb-Ag discovery is hosted in the Frere Formation and Yelma Formation. The Company has utilised regolith geochemistry datasets generated by the Geological Survey of Western Australia to identify areas of pathfinder base metal anomalism in the project area and wider Earaheedy Basin. The available regolith geochemistry datasets have highlighted areas of base metal anomalism within the project area and close by and highlight anomalism close to the Chinook Zn-Pb-Ag discovery. The Geological Survey of Western Australia sample spacings are nominally 1 sample every 16km2 which are broad spaced regional sample locations, however, provide an ideal early lead into areas of interest. Bekanntmachung • Aug 15
TechGen Metals Limited Provides an Update on Activities at the Recently Acquired Jackadgery Gold Project in NSW TechGen Metals Limited provided an update on activities at the recently acquired Jackadgery Gold Project in NSW, now named the John Bull Project to acknowledge the historical name of the original John Bull gold shaft dating back to the mid 1880's. The John Bull Gold Project is located in northern New South Wales within the New England Orogen. Drill sites for the maiden drilling campaign have been designed along a single drill line to test the historic John Bull gold shafts (1880's), the main gold sluiced area (1940's), the historic surface trench (1980's by Kennecott Exploration (Australia) and Southern Goldfields Ltd) that contains an untested mineralised interval of 160m @ 1.2 g/t Au and the Induced Polarisation (IP) chargeability high located beneath the historic surface trench. The project has not been drill tested previously. The maiden drilling program has now been completed with seven reverse circulation (RC) holes drilled for a total of 887 metres. The entire length of each drill hole has been sampled at 1-metre intervals and samples are currently at the laboratory being assayed for gold and multi-elements. Drilling intersected varying amounts of quartz veining between 1 to 40% and has been logged over wide intervals in each of the seven holes accompanied by varying amounts of disseminated pyrite. A sequence of fine to medium grained, carbon rich sedimentary rocks (shale - siltstone - sandstone) were encountered with thin, <1m thick, dolerite and/or diorite dykes also intersected in holes JBRC001, JBRC002, JBRC004, JBRC005, JBRC006 & JBRC007. Bekanntmachung • Jul 26
TechGen Metals Ltd Announces Maiden RC Drilling Commences at Jackadgery Gold Project TechGen Metals Ltd. provided an update on activities at the recently acquired Jackadgery Gold Project in NSW. 1,000m RC drill campaign has commenced. Maiden RC drilling at the (historical John Bull) Jackadgery gold shafts and sluicing area. Historic surface trench returned: 160m @ 1.2 g/t Au, with impressive higher- grade intervals including 5m @ 18.0 g/t Au and 5m @ 7.1 g/t Au. TechGen will be the first to drill test the project. The Jackadgery Gold Project is located between Glen Innes and Grafton in northern New South Wales within the New England Orogen. A track mounted reverse circulation (RC) drill rig has arrived and commenced drilling. All drill sites for this maiden drilling campaign have been designed to test the historic John Bull gold shafts, the main gold sluiced area and the historic surface trench that contains an untested mineralized interval of 160m @ 1.2 g/t Au. Bekanntmachung • Jun 29
Techgen Metals Ltd Provides Update on Activities at Jackadgery Gold Project in NSW TechGen Metals Ltd. provided an update on activities at the recently acquired Jackadgery Gold Project in NSW. TechGen has been actively securing a locally sourced, highly experienced geology and operations management team for the maiden reverse circulation (RC) drilling program at the recently acquired Jackadgery Gold Project. The project will be managed by Carl Swensson (former head of geology Normandy Mining & CRA Exploration), along with senior geologist Matt Houston, M. J. Houston and Associates Pty Ltd, (40+ years precious metal exploration in Australia), and operations, by Hali Snowball, GEOQUBE Consulting, Procurement & Supply Services (25yr experienced HSE, Compliance Specialist). The Jackadgery Gold Project is located between Glen Innes and Grafton in northern New South Wales within the New England Orogen. A track mounted RC rig has been selected to leave a minimal environmental footprint. All drill sites for this maiden drilling campaign have been designed to test the historic John Bull Gold shafts (1880's), the main gold sluiced area (1940's) and the historic surface trench (1980's by Kennecott Exploration (Australia) and Southern Goldfields Ltd) that contains an untested mineralised interval of 160m @ 1.2 g/t Au. Bekanntmachung • Jun 16
TechGen Metals Ltd Provides an Update on Activities At the Jackadgery Project in New South Wales TechGen Metals Ltd. provided an update on activities at the Jackadgery Project in NSW. The Jackadgery Project is located between Glen Innes and Grafton in northern New South Wales within the New England Orogen. Data from a dipole-dipole induced polarization (DDIP) geophysical survey completed by the Jackadgery Project holders in 2017 has been processed and evaluated by Fender Geophysics (a 10% retained partner in EL 8389). Three, 1.5km long east - west lines were surveyed at northings 6733200mN, 6733400mN and 6733550mN. The northern line, line 6733550mN, is parallel to the mineralized trench dug by Kennecott Exploration (Australia) in 1983. A distinct chargeability high occurs beneath the trench area with readings up to 40mV/V. The chargeability high may indicate the presence of disseminated sulphides beneath the trench. The New England Orogen forms the eastern margin of the Australian continent and extends for over 1,700km from central NSW through to northern QLD. The rock units that form the New England Orogen range in age from Neoproterozoic through to Mesozoic. Numerous mineral deposit styles are known within the New England Orogen including deposits of the Intrusion Related Gold System (IRGS) style. In IRGS style deposits the gold mineralization is sourced from an intrusion and gold mineralization can occur either in the intrusive body or in the country rocks which are intruded. Gold can occur in veins, breccia zones or disseminated within the intrusion or as a combination of the three. Historic gold workings at the Jackadgery Project consist of several shallow shafts sunk in the 1870's and two later, large areas of surface gold sluicing. Creeks below the colluvial workings have also been worked for alluvial gold. These historic gold workings occur in a sequence of Carboniferous-Permian greywacke and siltstone intruded by small intermediate sub-volcanic trachyte to micro-monzonite of likely Permian or Triassic age. Sheeted and stockwork quartz veining is widespread over the area of the sluiced colluvial workings, with veins dipping generally eastward. Sulphides identified previously associated with veining consist almost entirely of pyrite - arsenopyrite ± pyrrhotite. Several features of the geology and mineralization at the Jackadgery Project, including the presence of intermediate sub-volcanic trachyte to micro-monzonite bodies and sheeted and stockwork quartz veins with associated sulphides support the Company's interpretation of a possible Intrusion Related Gold System model for gold mineralization at Jackadgery. In addition, IRGS gold deposits are known in the Jackadgery area with the previously mined Timbarra Gold Mine (Identified Mineral Resource now mined of 417,000 oz Au), located 40km north of Jackadgery. An existing drill permit and access agreement allows for an initial fence of drill holes to effectively test beneath the wide zone of near surface gold mineralization outlined by the historic trench (160m @ 1.2g/t Au) and the surface rock chip channel samples. The inaugural drilling program is anticipated to commence in mid-2022 and will be the first drilling program to be undertaken in the project area. Bekanntmachung • Jun 07
TechGen Metals Ltd Provides Updates on Activities At the Station Creek Project TechGen Metals Ltd. provided an update on activities at the Company's 100% owned Station Creek Project located within the Proterozoic-aged Ashburton Basin of Western Australia. The Station Creek Project is located 70km southwest of the town of Paraburdoo on Exploration License E08/2946 and is considered prospective for shear zone hosted base metal and gold deposits. Gradient Array Induced Polarisation (GAIP) and Dipole-Dipole Induced Polarisation (DDIP) ground geophysics surveys have now been completed at the Station Creek Project. The surveys were undertaken to cover an area where exceptional high-grade copper and silver rock chip samples have previously been reported by the Company. The GAIP survey covered a rectangular area 2.2km x 1.8km. Three DDIP north-south lines were surveyed consisting of a total of 4.2line km of traversing. Two high priority targets have been identified, referred to as the TA1 and TA2 Prospects. Prospect TA1 has a GAIP chargeability high extending over an east-west area of 600m x 100m and coincident DDIP chargeability and resistivity highs (Figure 1). The IP highs correspond to previously reported exceptional high-grade copper and silver rock chip samples taken along a 220m long area of a NE trending fault zone. The copper anomalous rock chip zone remains open to both the NE and the SW. Assay results, previously reported, include 54.8%, 47.3%, 26.3%, 18.35% and 8.14% Cu along with high- grade silver to 249g/t as well as anomalous gold, antimony, and arsenic. X-Ray Diffraction analysis, previously reported, on a single copper-rich sample from this area confirmed the presence of copper sulphide minerals (Djurleite) in addition to the copper carbonate and copper arsenate minerals (Malachite, Olivenite, Brochantite & Atacamite). Prospect TA2 corresponds to a GAIP chargeability high which coincidentally is at the same location as a 7.32% Cu rock chip sample and close to a 1.27g/t Au rock chip sample taken by the Company in 2020. DDIP surveying was not undertaken at the TA2 Prospect area. Bekanntmachung • May 24
Techgen Metals Limited Provides an Update on Activities at its 100% Owned Narryer Project TechGen Metals Limited (‘TechGen’ or the ‘Company’) to provide an update on activities at the Company's 100% owned Narryer Project located 650km north of Perth in Western Australia. The project now consists of Exploration Licences E20/1022 & E09/2699 covering a combined area of 380km2. The project is in the Narryer Terrane on the edge of the Archean-aged Yilgarn Craton. The western edge of the Yilgarn Craton represents the emerging under-explored West Yilgarn Ni-Cu-PGE Province which covers an area of 1,200km x 100km. The West Yilgarn Ni-Cu-PGE Province contains the Julimar Ni-Cu-PGE Deposit discovered in March 2020 by Chalice Mining Limited. Interpretation of airborne magnetic data highlighted a 15km x 4km magnetic feature running NE-SW up the eastern side of E20/1022 as a possible mafic-ultramafic intrusion and thus an area of high interest for Ni-Cu-PGE focussed exploration (Figure 1). The magnetic feature was thought to be completely covered by transported alluvial cover with no outcropping rock units previously recorded in that area on available geological maps and no previous exploration records in open file documentation. Recently completed inaugural field work by the Company included geological reconnaissance, rock chip sampling (18 samples) and an ultrafine soil sampling program along 12 east-west sample lines (277 samples). Whilst in the field several areas of outcrop were located over the eastern magnetic feature with rock chip assay results confirming visual interpretation that ultramafic (> 18% MgO) and mafic rock units are present. The ultramafic rock units, samples NR013, NR016 & NR017, are also elevated in chromium and nickel as expected in an ultramafic rock. Soil sampling assay results are awaited. The highly magnetic linear feature running NE-SW through the western part of E20/1022 was confirmed as a banded iron formation (BIF). Given the scale and highly favourable geology encountered, the Company has now pegged a new adjoining Exploration Licence application E09/2699 has been lodged to cover the westerly sheared and northern extension of the interpreted mafic-ultramafic intrusion. TechGen is an Australian registered exploration Company with a primary focus on exploring and developing its gold and base metal projects across Australia. TechGen holds a portfolio of twenty-three exploration licences strategically located in five highly prospective geological regions in WA, and one in NSW. Bekanntmachung • May 18
TechGen Metals Ltd (ASX:TG1) entered into an agreement to acquire Jackadgery gold project in New South Wales from Black Dragon Energy (Aus) Pty Ltd, Chrissie McClatchie and Andrew Sloot for AUD 0.13 million TechGen Metals Ltd (ASX:TG1) entered into an agreement to acquire Jackadgery gold project in New South Wales from Black Dragon Energy (Aus) Pty Ltd, Chrissie McClatchie and Andrew Sloot for AUD 0.13 million on May 16, 2022. Under the binding term sheet, TechGen will be given the option to acquire a 90 per cent interest of EL 8389, plus will take on a 100 per cent legal and beneficial interest in EL 9121 from Black Dragon. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Executive Technical Director Andrew Jones is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Bekanntmachung • Apr 06
Techgen Metals Ltd Announces Field Work Commences At the Narryer Ni-Cu-Pge Project TechGen Metals Limited provide an update on activities at the Company's 100% owned Narryer Project located 650km north of Perth in Western Australia. The project consists of Exploration Licence E20/1022 covering an area of 262km2. The project area was pegged by the Company in late 2021 following completion of an internal review into the areas prospectivity. The project is in the Narryer Terrane on the edge of the Archean-aged Yilgarn Craton. The western edge of the Yilgarn Craton represents the emerging under-explored West Yilgarn Ni-Cu-PGE Province which covers an area of 1,200km x 100km. The West Yilgarn Ni-Cu-PGE Province contains the Julimar Ni-Cu-PGE Deposit discovered in March 2020 by Chalice Mining Limited. At the Narryer Project, interpretation of available airborne magnetic and geological data by Company personnel and external consultants has in particular highlighted the 15km x 4km magnetic feature running NE-SW up the eastern side of the project area as a possible mafic-ultramafic intrusion and thus an area of high interest for exploration. The magnetic feature is completely covered by alluvial sand cover and no outcropping rock units are recorded in that area and no previous exploration appears to have targeted the feature identified. Field work now underway at the project will include broad spaced reconnaissance soil sampling along east - west sample lines to cover the length of the eastern 15km x 4km magnetic feature with additional mapping and rock chip sampling of target zones in the western project area. The highly magnetic linear feature running NE-SW through the western project area is most likely banded iron formation (BIF) and this will be confirmed by the field program. Bekanntmachung • Mar 31
Techgen Metals Ltd Provides an Update on Activities At the 100% Owned Station Creek Copper Project TechGen Metals Ltd. provide an update on activities at the Company's 100% owned Station Creek Copper Project located within the Proterozoic-aged Ashburton and Edmund Basins of Western Australia. The Station Creek Project is located 70 km southwest of the town of Paraburdoo on Exploration Licence E08/2946 and is considered prospective for shear zone hosted gold and base metal deposits. The samples from the splay fault zone area have extended the known zone of copper mineralisation to 220 metres in length and the zone remains open to the NE and the SW. Stunning assay results were returned including 54.8%, 47.3%, 26.3%, 18.35% and 8.14% Cu. The samples also contained high-grade silver including 249g/t and 164g/t as well as some anomalous gold and elevated antimony and arsenic. A gradient array induced polarisation (IP) ground geophysics survey has now commenced at the Station Creek Copper Project to identify drill targets for testing in Second Quarter of 2022. This survey is designed to cover the area of copper-silver mineralisation identified in the splay fault zone area and step out along strike from the areas of identified high-grade rock chips. This survey is expected to take three weeks to complete and may be extended dependant on the results received. Bekanntmachung • Mar 04
Company and Projects Updates on Station Creek Project, Blue Rock Valley Copper Project and Mt Boggola TechGen Metals Limited provided an update on the release of the Company's half year results as well as activities at the Company's 100% owned copper exploration assets including, the Station Creek Project, Blue Rock Valley Copper Project and Mt Boggola Project, all located within the Proterozoic-aged Ashburton and Edmund Basins of Western Australia. Station Creek Project- induced polarisation geophysics survey An IP geophysics survey crew has been secured to cover a part of the highly prospective Station Creek Project in April. The Company has been waiting for this style of geophysics survey since IPO. The survey will cover the area around high grade copper - silver rock chip samples and where the XRD analysis of a 54.7% Cu & 257g/t Ag sample (sample SCR34; 31st May 2021), indicated that in addition to the presence of copper oxide minerals (Malachite, Brochantite & Atacamite) that the copper arsenate mineral Olivenite and copper sulphide mineral Djurleite was also present within the sample. Blue Rock Valley - Copper confirmed in RC drilling at 4m at 1.02% Cu A reverse circulation (RC) drilling program of 7 holes for 1,153 metres was completed at the Blue Rock Valley Copper Project in November 2021. Eagerly awaited assay results have now been received and confirm the presence of highly anomalous copper in three separate drill holes. Two of the drill holes, BRRC004 & BRRC005, both returned assays of greater than 1% Cu from shallow depths. Best results include 4m at 1.02% Cu from 0 - 4m (BRRC005) and 8m at 0.54% Cu from 6m - 14m (BRRC004). Anomalous copper assays correlate well with intervals of copper carbonates (malachite ± azurite) logged on site during drilling. Mt Boggola Project - Flagship base metals project drilling planned for Second Quarter Following up on successful VTEM and ground EM surveys, a heritage survey and flora survey is planned for March - April in preparation for drilling shortly after. Field teams are currently at Mt Boggola marking access areas, pegging drill locations and rock chip sampling within the lightly explored VTEM anomalism areas. Bekanntmachung • Feb 16
Techgen Metals Ltd Provides Mt Boggola Copper Project Update TechGen Metals Limited provided an update on activities at the Company's 100% owned Mt Boggola Copper Project located within the Proterozoic-aged Ashburton and Edmund Basins of Western Australia. The Mt Boggola Project is located 60 km south of the town of Paraburdoo and is considered prospective for gold and base metal discoveries. The project now comprises four Exploration Licences, E08/2996, E08/3269, E08/3458 and E08/3473, covering a combined area of 352 km. Last year's highly successful VTEM, magnetics and ground EM surveys on the northern project area was successful in identifying three strong and discrete bedrock EM anomalies. As part of ongoing exploration activities at Mt Boggola and largely due to the earlier EM success, the Company has again booked an airborne VTEM and magnetics survey to cover the remainder of the project area. This survey is due to commence in the second half of 2022 due to prior bookings with this specific desired EM system. Exploration Licence application, E08/3473, was recently lodged to further consolidate landholdings over prospective geological basin contacts within the project. Historical drilling located mineralisation close to the basin margin confirming the potential of the area. With the new application, the project area now contains 20km of the strike along the basin margin between the Ashburton Basin and Edmund Basin. The basin margin area is considered prospective for sediment hosted base metal mineralisation occurrences and previous exploration has already identified anomalous zinc in rock chips up to 3.1% Zn and zinc in drilling up to 3m @ 1.25% Zn from 19m. Targets to be drill tested include recently identified strong and discrete bedrock EM anomalies, an interpreted intrusion with high grade copper-gold-silver veins in the area and down- dip and along strike from shallow historic drilling intercepts. Drill testing of three separate target styles, using Exploration Incentive Scheme co-funding from the WA State Government, is on track to commence during the 2nd Quarter of 2022 following completion of Flora and Heritage Surveys. Anomalous rock chips in close proximity to the interpreted intrusion include 48.7% Cu & 119g/t Ag and 17.8% Cu & 5.08g/t Au. Historic drill intercepts include 2m @1.58% Cu & 0.48g/t Au from 8m and 6m @ 1.26% Pb from 32m in hole PB04, 4m @ 1.56% Cu from 32m in hole PB09, 4m @ 2.32% Cu from 12m in hole PB13, and 4m @ 1.08% Cu from 36m in hole PB14. These drill results have not been followed up and the Company intends to test down dip and along strike. Targets 1 & 2 have not been drill tested previously. Bekanntmachung • Jan 19
TechGen Metals Ltd Announces Ida Valley Gold Extensions TechGen Metals Limited updated the market regarding the final 1m assay results from Stage 2 drilling. The Ida Valley Gold Project is owned 100% and is located 80km northwest of Leonora in the Yilgarn Craton of Western Australia. The Ida Valley Gold Project has up to 30km of prospective strike extent and consists of three Exploration Licences overing a combined area of 199km2. The project is ideally located in between the Lawler's and Mount Ida Mining Districts. The RC program consisted of 15 drill holes for 1,395m. This second stage RC drilling program was designed to follow-up highly encouraging maiden discovery drill results received by the Company in June 2021 and test soil gold anomalism at the Southern Anomaly and Northern Anomaly. Assay results indicate the presence of narrow higher-grade zones within broader lower grade zones of gold mineralisation. This program has successfully extended both the Central Eastern Zone and Central Western Zone at depth and along strike. Peak results from this program include 1m @ 2.65 g/t Au from 60 - 61m within a broader zone of 13m @ 0.40g/t Au (IVRC018) at the Central Western Zone and 1m @ 2.17 g/t Au from 58 - 59m within a broader zone of 11m @ 0.47g/t Au (IVRC020) at the Central Eastern Zone. To date the projects peak results are 884 ppb Au in soils and 6.6 g/t Au in rock chips. The maiden RC drilling program tested the "Central Area" of soil and rock chip gold anomalism which confirmed the presence of bedrock gold mineralisation returning assay results including 8m @ 2.30g/t Au from 36m (hole IVRC003), 8m @ 1.25g/t Au from 20m (hole IVRC001) and 36m @ 0.95g/t Au from 52m. Drilling intersected rock units which include amphibolite, ultramafic and pegmatite beneath shallow weathering (<20m). Zones of quartz veining were intersected in several holes as well as zones of disseminated pyrite and pyrite veining. The full length of each drill hole has been composite sampled (4m) with follow-up 1m sampling completed on composite samples returning >0.1g/t Au. Assaying was undertaken by ALS Laboratories in Perth. The drilling program was again completed by Kalgoorlie based drilling company Australian Surface Exploration (WA) Pty Ltd. Bekanntmachung • Jan 12
TechGen Metals Ltd (ASX:TG1) acquired Two Battery Metals Projects in Western Australia. TechGen Metals Ltd (ASX:TG1) acquired Two Battery Metals Projects in Western Australia recently. The two projects include Narryer Project, prospective for Ni-Cu-PGE mineralisation, and the Earaheedy Project, prospective for Zn-Pb-Ag mineralisation. Bekanntmachung • Nov 30
Techgen Metals Limited Provides Field Exploration Update TechGen Metals Limited provided an update on exploration activities at the Company's 100% owned Harbutt Range, Blue Rock Valley and El Donna Projects in Western Australia. A moving loop ground EM survey has commenced at the Control Prospect within the Harbutt Range Project, Paterson Orogen (Photo 1 & Figure 1). The Control Prospect consists of a series of discrete Airborne EM anomalies within a 2.2 km long area which were identified by historic helicopter-borne Hoist and Tempest electromagnetic surveys in 2007 and 2008. The Airborne EM anomalies identified at the Control Prospect have not been the subject of further exploration since they were first identified. The ground EM survey currently underway will cover the entire Control Prospect with readings taken along 10 east-west oriented survey lines. The survey aims to delineate high priority target zones that can be tested by an inaugural drilling campaign in 2022. A reverse circulation (RC) drilling program has now been completed at the Blue Rock Valley Project, Ashburton Basin (Table 1 & Figure 2). A total of 7 RC holes for 1,153 metres were drilled. The program was designed to test a series of EM conductors, identified by Airborne EM and ground EM surveys, considered prospective for sulphide mineralisation occurrences. Drilling intersected low levels (<5%) of copper carbonate mineralisation, malachite ± azurite, in three drill holes (holes BRRC003 - BRRC005). Copper carbonates were intersected over a 3m interval (7-10m) in drill hole BRRC003, over a 7m interval (7-14m) in drill hole BRRC004 and over a 3m interval in drill hole BRRC005. The drilling intersected a sequence of shales, siltstones, sandstones, quartzites and cherts which were strongly graphitic and pyritic in places and the graphite and pyrite are interpreted to explain the larger EM conductors to the southwest of the historical workings. The company intends to follow up the immediate area of copper carbonate mineralisation with fixed loop EM as the EM plates drilled in this area were modelled from airborne VTEM data. The full length of each drill hole has been composite (4m) sampled and a total of 314 samples have been sent to ALS Laboratories for assaying. Turnaround time for assay results is expected to be between 8 and 12 weeks. Soil sampling results have now been received from a 550 sample program completed at the El Donna Project, Yilgarn Craton (Figure 3). The program was designed to test areas of the project not previously explored. Sampling was at 100m spacings along 200m spaced east-west sample lines. Assays returned a peak value of 92ppb Au (0.092ppm) and 481ppm As. The 95th percentile value for gold is 40ppb (0.04ppm). Assay results have identified two new key areas (El Donna 8 & 9) of gold anomalism and arsenic anomalism which include a 1.3km long +20ppb Au anomaly in the western project area (El Donna 9) and a 1km long +20ppb Au anomaly (El Donna 8) in the eastern project area along with several other areas of anomalism. An air core drilling program is expected to commence to test these new gold anomalies in First Quarter 2022. Bekanntmachung • Aug 04
TechGen Metals Ltd Informs Completed Soil Sampling Program At the Company's 100% Owned Ida Valley Gold Project TechGen Metals Limited informed the market that assay results from a recently completed soil sampling program at the Company's 100% owned Ida Valley Gold Project located 80km northwest of Leonora in the Yilgarn Craton of Western Australia have now been received. The Ida Valley Gold Project has up to 30km of prospective strike extent and consists of three Exploration Licences covering a combined area of 199km2. The project is ideally located in between the Lawler's and Mount Ida Mining Districts (Figure 2). The soil sampling program consisted of 1,220 samples taken along east-west sample lines stepping out to the north and south of the "Central Zone" and yet to be drill tested "Southern Zone" where previous soil and rock chip sampling identified gold anomalism. Peak results from the project to date are 884 ppb Au in soils and 6.6 g/t Au in rock chips. The Company's recently completed maiden RC drilling tested the "Central Area" only of soil and rock chip gold anomalism which confirmed the presence of bedrock gold mineralisation returning assay results including 8m @ 2.30g/t Au from 36m (hole IVRC003), 8m @ 1.25g/t Au from 20m (hole IVRC001) and 36m @ 0.95g/t Au from 52m (hole IVRC002; ASX Announcement - 17 June 2021). Results from the current soil sampling program returned a peak value of 44ppb Au and 64ppm As and have extended the "Southern Zone" gold anomalism by 300m to +1.3km in total length at a +5ppb Au contour. The program has also successfully identified a new "Northern Zone" of gold soil anomalism that extends northwest-southeast for +1.4km with a +4ppb Au contour and corresponds to a magnetic high along the primary Ballard Fault. This new target zone has structural, geophysical, and geochemical similarities to the main "Central Zone". New and additional localised gold soil anomalies have also been identified immediately north of the mineralised "Central Zone" along the interpreted primary and secondary controlling shear zones, field mapping with the aim of drilling testing is currently underway. The company technical team are currently planning a follow-up RC drilling program due to commence mid to late August at the Ida Valley Gold Project, with new and existing target areas to be tested as well as testing recent discovery holes along strike and at depth to better understand and test these systems. Bekanntmachung • Jun 17
TechGen Metals Ltd. Announces Gold Mineralisation Confirmed at Ida Valley TechGen Metals Limited reported significant new results from ongoing exploration activities at the Company's 100% owned Ida Valley gold project located northwest of Leonora in Western Australia. The Ida Valley gold project covers a northerly to northwesterly trending greenstone belt truncated in the east by a faulted contact with a gneiss/migmatite complex, and to the west by the Ballard Fault, which wraps around a large granite batholith. The project consists of three Exploration Licences covering a combined area of 199 km2. The assay results confirm the presence of a new gold mineralised greenstone belt with four of the eleven drill holes returning assay results of greater than 1g/t Au. Better assay results include a broad zone of 36 metres at 0.95g/t Au from 52m in hole IVRC002. This broad one contains three separate higher grade zones. Other good results include 8m @ 1.25g/t Au from 20m in hole IVRC001 which is up dip of the mineralisation intersected in hole IVRC002. Drill hole IVRC003 intersected 8m @ 2.30g/t Au from 36m. Drill holes IVRC001 - IVRC003 are located along the same interpreted shear zone. Hole IVRC011 intersected 4m @ 1.63g/t Au from 52m and was the only hole to test an interpreted eastern shear zone. Gold mineralisation is associated with laminated quartz veining, arsenopyrite and pyrite within amphibolite and ultramafic rock units. Bekanntmachung • Jun 01
Techgen Metals Ltd Announces VTEMTM Max Survey Commences at Station Creek Project TechGen Metals Limited announced that the scheduled heliborne Versatile Time Domain Electro Magnetic (VTEMTM Max) geophysical survey has commenced within the company's highly prospective 100% owned Station Creek Project in the Ashburton Basin of Western Australia. The Station Creek Project consists of a single Exploration Licence (E08/2946) which covers an area of 54km2. The company was attracted to the Station Creek Project by the presence of major fault structures, the presence of historic high grade historic copper rock chip samples and an overall lack of modern exploration in the area. The VTEMTM Max survey at the Station Creek Project will consist of approximately 300 line kilometres of surveying with nominal 200m spacing between flight lines. The survey is being flown by UTS Geophysics Pty Ltd. and the data, once received, is to be processed and modelled by Russell Mortimer at Southern Geoscience Consultants (SGC). The airborne survey will cover the entire project area. The VTEMTM Max system is the most innovative and successful airborne electromagnetic system to be introduced in more than 30 years. The proprietary receiver design, using the advantages of modern digital electronics and signal processing, delivers exceptionally low-noise levels. Coupled with a high dipole moment transmitter, the result is unparalleled resolution and depth of investigation in precision electromagnetic measurements. Historic work and exploration completed by TechGen has identified areas of high grade copper (± silver & gold) rock chip samples and outcropping copper mineralisation (malachite and azurite) within the project area. Several areas of anomalism occur along a major northwest striking fault. The VTEM-Max survey is being undertaken to identify possible sulphide mineralisation at depth across the project area. XRD analysis has been undertaken on a single rock chip sample which assayed 54.7% Cu & 257g/t Ag (sample SCR34). The results of the XRD analysis have indicated that in addition to the presence of copper oxide minerals (Malachite, Brochantite & Atacamite) that the copper arsenate mineral Olivenite and copper sulphide mineral Djurleite is also present within the sample. The VTEM survey is anticipated to take 4 - 5 days to complete and the Company looks forward to providing further updates across its 100% owned highly prospective copper-gold project portfolio in Western Australia. 
