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TechGen Metals Ltd (ASX:TG1)

ALERT: Price-sensitive ASX Announcement for TG1
Current share price for TG1 : $0.027 0.009 (50%)+
Announcement
Release
9 Jun 2026 9:08AM
Price at Release
$0.018
Full Release
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Summary
TechGen Metals Ltd has announced the approval of the Programme of Work (POW) for conducting maiden drill testing at the Blue Devil and Red Devil copper-gold targets in Western Australia. The Blue Devil target features three strong airborne electromagnetic (EM) conductors, coinciding with multiple geochemical anomalies and an interpreted intrusive body, indicating its potential for significant copper-gold discoveries. The Red Devil target is characterized by a high-intensity induced polarization (IP) chargeability feature and exceptional surface rock chip results. The company has secured co-funding from the WA State Government's Exploration Incentive Scheme (EIS) to reduce exploration costs, and a heritage survey with Traditional Owners has been completed. This marks the final permitting step before the commencement of drilling, making TechGen the first to test these high-potential targets.
Key Points
  • Programme of Work approved for Blue Devil and Red Devil targets.
  • Blue Devil has three strong airborne EM conductors.
  • Red Devil features a high-intensity IP chargeability.
  • WA State Government co-funding secured for drilling.
  • Heritage survey completed with Traditional Owners.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.