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An announcement from Techgen Metals Ltd. ( (AU:TG1) ) is now available.
TechGen Metals has reported a high-grade copper intercept of 20 metres at 1.14% copper from 22 metres depth at the MB4 target within its Mt Boggola Project in Western Australia. The company also confirmed copper mineralisation at the MB1 target, with 4 metres at 1.04% copper from 9 metres, accompanied by anomalous gold and lead values from reverse circulation pre-collar assays.
Management highlighted that the 20-metre copper zone at MB4 remains open in all directions, positioning the area as a priority for follow-up drilling once new geological modelling is completed. Drilling has been temporarily paused to integrate the latest assay results into stage-two targeting and to manage potential site-access issues linked to Cyclone Narelle, with further diamond core assay results expected in the coming weeks.
The most recent analyst rating on (AU:TG1) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Techgen Metals Ltd. stock, see the AU:TG1 Stock Forecast page.
More about Techgen Metals Ltd.
TechGen Metals Ltd. is an Australian exploration company focused on copper, gold, silver and lead projects, with current drilling activities centered on its Mt Boggola Project in Western Australia. The company targets high-grade base and precious metal mineralisation, seeking to advance prospects that have previously attracted interest from major mining groups.
Average Trading Volume: 1,813,693
Technical Sentiment Signal: Buy
Current Market Cap: A$19.46M
See more data about TG1 stock on TipRanks’ Stock Analysis page.