Gold Exploration Advances with Extensive Aircore Drilling Campaign
TechGen Metals (ASX: TG1) has completed a comprehensive aircore drilling program at its strategically positioned El Donna Gold Project, located 50km northeast of Kalgoorlie in Western Australia. The company has drilled 85 holes totaling 6,355 metres in a well-executed program targeting four key gold anomaly areas.
The drilling campaign collected 2,130 composite samples which are now at the laboratory for gold analysis, with results expected in late June. The program tested multiple gold targets identified through detailed surface geochemistry along with targets associated with key structural settings including the Penny's and Emu Faults.
TechGen's Managing Director, Ashley Hood, highlighted the perfect timing of the program:
"Now the eagerly awaited aircore program is all done and dusted at El Donna purely focusing on gold, given the gold price is at all-time highs, not that the market needs reminding of these exceptionally favourable market conditions. We couldn't be better placed with over two thousand (three metre) composite samples in for analysis in this very well-endowed gold region."
Prime Location Between Producing Gold Mines
The El Donna Gold Project occupies a coveted position between two high-grade open pit gold mines with established resources:
Neighbouring Mine | Owner | Resource |
---|---|---|
Mayday North Gold Mine | Genesis Minerals (ASX: GMD) | 84,000 oz @ 1.5g/t Au (Indicated & Inferred) |
Penny's Find Gold Mine | Horizon Minerals (ASX: HRZ) | 63,000 oz @ 4.54g/t Au (Indicated & Inferred) |
This strategic location provides TechGen with exceptional infrastructure advantages:
- The Mayday North Gold Mine haul road runs directly through the project area
- The Kanowna Belle gold mill is located approximately 25km to the west
- Excellent access to Kalgoorlie's mining services and infrastructure
Four Key Target Areas with Strong Historical Indicators
The drilling program focused on four target areas defined by gold and arsenic soil anomalism with additional tellurium, bismuth, and silver indicators. Previous soil sampling returned peak values of 92 ppb Au and 481 ppm As.
Historical exploration at the project has identified significant gold intercepts that remain open or untested, including:
- 2m @ 17 g/t Au from 36m (RAB hole ES100; Geopeko)
- 2m @ 8.23 g/t Au from 50m (RC hole GRC7; Wiluna Mines)
- 5m @ 3.34 g/t Au from 66m (RC hole EDR3; Sovereign Resources)
- 4m @ 2.84 g/t Au from 60m (RAB hole ED207; Sovereign Resources)
- 4m @ 2.75 g/t Au from 68m (RAB hole ED248; Sovereign Resources)
Particularly notable is the Star West gold-arsenic soil anomaly area, which features historic alluvial gold workings approximately 500m x 60m in size. This compelling target prompted TechGen to add 10 additional holes to the aircore program.
Understanding Aircore Drilling: A Cost-Effective First Step
Aircore drilling represents an efficient exploratory technique that allows mining companies to test broader areas at lower costs compared to diamond or reverse circulation (RC) drilling. It's particularly useful in the initial testing phase of exploration programs.
How Aircore Drilling Works:
- Uses compressed air to drive a rotating blade bit
- Can penetrate weathered rock and regolith
- Provides samples from depths typically up to 100 metres
- Allows for rapid testing of larger areas
- Generates geochemical data to identify potential mineralised zones
While aircore drilling doesn't provide the definitive samples needed for resource calculations, it's instrumental in identifying anomalous zones that warrant follow-up with more intensive drilling methods.
Follow-Up RC Drilling Program Planned
TechGen has already outlined plans for a follow-up reverse circulation (RC) drilling program to commence after receiving and interpreting the aircore results. This second phase will:
- Target any significant gold anomalism identified in the current aircore program
- Test previously identified high-grade gold intercepts that remain unexplored
- Provide more definitive data on mineralisation at depth
The company's methodical approach – beginning with soil sampling, progressing to aircore drilling, and following up with targeted RC drilling – demonstrates a systematic exploration strategy aimed at maximising discovery potential while managing exploration costs.
Why TechGen Presents a Compelling Gold Exploration Opportunity
TechGen's El Donna Gold Project offers several compelling factors for investors interested in gold exploration companies:
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Prime Location: Situated between two producing gold mines in the prospective Kalgoorlie region, with excellent access to infrastructure and processing facilities.
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Historical Evidence: The presence of alluvial gold workings and high-grade historical drill intercepts indicates significant gold potential.
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Systematic Approach: The company is executing a methodical, step-by-step exploration program to systematically evaluate multiple promising targets.
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Multiple Catalysts: With aircore results expected in late June and follow-up RC drilling planned afterward, investors can anticipate a steady flow of news.
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Favourable Gold Market: The company's gold-focused strategy aligns perfectly with current record gold prices, enhancing the economic potential of any discovery.
As Managing Director Ashley Hood summarises:
"El Donna is ideally located close to operating mills, infrastructure and Kalgoorlie, as far as Location, Location and Location goes, it doesn't get much better."
With drilling complete and results expected soon, TechGen is positioning itself as a gold exploration company to watch in the coming months as it advances exploration at this strategically located project.
Want to Capitalise on Record Gold Prices with TechGen?
With gold prices soaring to all-time highs, TechGen Metals' El Donna Gold Project is strategically positioned for success between two producing gold mines near Kalgoorlie. As results from their extensive 6,355-metre aircore drilling program are expected in late June, now is the perfect time to explore this compelling gold opportunity. For investors seeking exposure to gold exploration in Western Australia's premier mining region, visit techgenmetals.com.au to learn more about TechGen's systematic exploration approach and upcoming catalysts.