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Techgen Metals Ltd. ( (AU:TG1) ) has shared an announcement.
TechGen Metals has reported significant drill results from its Mt Boggola Project in Western Australia, where reverse circulation pre-collars and diamond core tails have been completed across three holes. Assays from the RC pre-collars show a high-grade copper intercept of 20 metres at 1.14% copper from 22 metres at the MB4 target and 4 metres at 1.04% copper from 9 metres at the MB1 target, along with anomalous gold and lead values.
Management highlighted that the 20-metre copper interval at MB4 remains open in all directions, positioning it as a priority focus for follow-up drilling once modelling is complete and a rig returns to site. The drilling program has been paused to integrate the latest assay data into stage-two targeting and to manage potential site access issues related to cyclone Narelle, with further assay results from diamond core tails 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 mineral exploration company focused on copper, gold, silver and lead projects. The company is currently advancing its Mt Boggola Project in Western Australia, targeting high-grade base and precious metal mineralisation through reverse circulation and diamond drilling programs.
Average Trading Volume: 1,935,843
Technical Sentiment Signal: Buy
Current Market Cap: A$18.71M
For detailed information about TG1 stock, go to TipRanks’ Stock Analysis page.