How TechGen Metals’ New High-Grade Discoveries Could Transform Its Project Pipeline

Exploration Momentum Builds at Blue Devil and Mt Boggola

TechGen Metals Limited has delivered a robust quarterly update for the period ending 30 September 2025, highlighting promising exploration results and a strengthened financial position. The company’s flagship Blue Devil Project in Western Australia reached a pivotal milestone with the finalisation of a Heritage Protection Agreement with the Jaru People, clearing the way for ongoing exploration activities. Fieldwork during the quarter uncovered a new 2-kilometre east-west structural corridor exhibiting exceptionally high-grade copper assays, including values as high as 52.3% copper and gold assays up to 5.35 grams per tonne.

Meanwhile, at the Mt Boggola Project, geophysical surveys have delineated two compelling chargeability targets within the Northern Star copper-gold-antimony anomaly zone. These targets, measuring approximately 400 by 150 metres, show chargeability levels exceeding three times background readings, indicating potential zones of mineralisation. Follow-up induced polarisation surveys are underway to expand coverage westward, setting the stage for imminent drilling campaigns.

Gold Discoveries and Soil Anomalies Extend Project Pipeline

In the Yilgarn Craton region, the El Donna Project’s aircore drilling program has identified two new shallow supergene gold zones, with intercepts such as 6 metres at 1.45 g/t gold and 6 metres at 1.21 g/t gold. These results add to the growing evidence of widespread gold anomalism across the project area, which remains open for further exploration. Similarly, the Agnew Project’s soil geochemistry survey revealed a significant gold anomaly peaking at 211 parts per billion, supported by magnetic structural data, which could point to undiscovered mineralisation at depth.

On the east coast, TechGen’s joint venture partner Novo Resources is preparing to commence drilling at the John Bull Gold Project in New South Wales. This initiative follows extensive soil sampling and previous drilling that returned encouraging gold intercepts, underscoring the project’s potential.

Financial Strength Bolsters Exploration Ambitions

TechGen successfully completed a fully underwritten Rights Issue, raising $2.57 million before costs, alongside an oversubscribed placement securing an additional $1.2 million. These capital raisings, supported by institutional investors and the company’s board, have bolstered TechGen’s cash position to approximately $2.8 million as of 30 September 2025, with no borrowings. Managing Director Ashley Hood emphasised the company’s strong footing to accelerate exploration amid favourable gold and copper market fundamentals.

Looking ahead, TechGen plans to advance IP geophysical surveys and drilling programs at Mt Boggola and Blue Devil, initiate a satellite alteration study at the Blue Bore Copper Project in the Northern Territory, and support Novo Resources’ drilling activities at John Bull. The company’s diversified portfolio across Western Australia, New South Wales, and the Northern Territory positions it well to capitalise on multiple commodity opportunities.