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Techgen Metals Ltd. ( (AU:TG1) ) has provided an announcement.
TechGen Metals has reported significant visual copper mineralisation from ongoing RC and diamond drilling at its Mt Boggola Project in Western Australia. The third hole at the MB4 target, MBDD003, intersected widespread malachite and massive quartz veining within the 90 metre RC pre-collar, with assays for gold and silver pending.
At the MB1 target, the second hole MBDD002 has confirmed that an IP chargeability anomaly is mineralised, intersecting visible sulphides including pyrite, galena and chalcopyrite within sedimentary rocks. Samples from all three RC pre-collars are already at the laboratory, with RC assay results expected in about two weeks and core assays from the first two diamond holes in roughly four weeks, marking a near-term news flow catalyst for stakeholders.
The most recent analyst rating on (AU:TG1) stock is a Hold with a A$0.06 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 mineral exploration company focused on copper, gold, silver and lead projects. The company is advancing its Mt Boggola Project in Western Australia, targeting geophysical anomalies such as IP chargeability highs and magnetic intrusions to define new base and precious metal deposits.
Average Trading Volume: 1,349,503
Technical Sentiment Signal: Buy
Current Market Cap: A$22.91M
Find detailed analytics on TG1 stock on TipRanks’ Stock Analysis page.