InvestSMART

TechGen Metals Ltd (ASX:TG1)

ALERT: Price-sensitive ASX Announcement for TG1
Current share price for TG1 : $0.024 -0.026 (-52%)+
Announcement
Release
26 Feb 2026 9:26AM
Price at Release
$0.050
Full Release
download
Summary
TechGen Metals Ltd is actively engaged in drilling operations at the Mt Boggola Project, located in the Ashburton and Edmund Basins of Western Australia. The completed first drill hole, MBDD001, at the MB1 target, reached a depth of 225.6 metres and intersected copper carbonate and various sulphides. Assay results are still pending for samples sent to Perth. A second drill hole, MBDD002, is currently in progress, with a planned depth of 400 metres. The project spans 458 km2 and features several high-priority targets identified through IP chargeability, including one coinciding with a magnetic intrusion.
Key Points
  • TechGen Metals Ltd is conducting drilling operations at the Mt Boggola Project in Western Australia.
  • The first drill hole, MBDD001, at the MB1 target, has been completed to a depth of 225.6 metres.
  • The drilling has intersected copper carbonate (malachite) and various sulphides, including pyrite, arsenopyrite, galena, and chalcopyrite.
  • MBDD001's RC pre-collar was drilled to a depth of 90 metres, followed by diamond drilling to the completion depth.
  • All assay results for MBDD001 are pending, with samples being sent to Perth for further analysis.
  • The second drill hole, MBDD002, is underway at the MB1 target, aiming for a depth of 400 metres.
  • The Mt Boggola Project covers an area of 458 km2 and is within the Ashburton and Edmund Basins.
  • Induced Polarisation (IP) chargeability targets are present, with MB4 coinciding with a magnetic intrusion.
  • TechGen's exploration licenses include E08/2996, E08/3269, E08/3728, and E08/3830.
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.