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TechGen Metals Ltd (ASX:TG1)

ALERT: Price-sensitive ASX Announcement for TG1
Current share price for TG1 : $0.011 -0.017 (-60.71%)+
Announcement
Release
13 Aug 2026 8:37AM
Price at Release
$0.028
Full Release
download
Summary
TechGen Metals Ltd has announced the commencement of a maiden diamond drilling program at the Blue Devil Project in Western Australia, targeting substantial copper-gold mineral systems. This initiative involves securing a diamond drill rig set to mobilize on 20th August 2026, focusing on two key targets, Blue Devil and Red Devil. The Blue Devil is characterized by strong EM conductors and geochemical anomalies, while Red Devil presents high chargeability features with promising copper and gold sample results. The application of modern geophysical methods underscores the project's potential for significant copper-gold discoveries.
Key Points
  • TechGen Metals Limited has secured a diamond drill rig for its Blue Devil Project.
  • Drilling is set to commence shortly after the rig's mobilization on 20th August 2026.
  • Blue Devil Project is located in the Halls Creek Orogen of Western Australia.
  • The project targets large copper-gold (Cu-Au) mineral systems.
  • Two major geophysical targets, Blue Devil and Red Devil, have been identified.
  • The Blue Devil target has strong airborne EM conductors coinciding with copper and gold anomalies.
  • Red Devil target features high-intensity IP chargeability and surface rock chip results with significant copper and gold assays.
  • Modern geophysical methods have been applied to identify large-scale opportunities in copper-gold systems.
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.