TechGen Metals Expands IP Survey at Mt Boggola with Focus on Promising Copper-Gold-Antimony Targets TechGen Metals Limited (ASX: TG1) has commenced an additional Induced Polarization (IP) geophysical survey at its 100% owned Mt Boggola Project in Western Australia, targeting potential copper-gold-antimony mineralisation. This strategic expansion follows the successful identification of two strong IP chargeability targets (MB1 and MB2) from previous surveys. New Survey Targets Historical High-Grade Findings The new IP survey is being conducted southwest of the previously identified MB1 and MB2 targets, focusing on areas with compelling historical exploration results. The program is specifically targeting zones where: Historical Newcrest drilling intersected primary sulphides Northern Star geochemistry identified promising anomalies High-grade surface copper gossans have been discovered "Quickly following on from the technical success of the IP geophysics to date in identifying the MB1 and MB2 targets, the Company is keen to see if any additional targets may be around the immediate area that has previously drawn a number of major explorers," commented Managing Director Ashley Hood. Strong Foundation from Previous Exploration The Mt Boggola Project has attracted significant historical interest from major mining companies. Previous exploration highlights include: Strong IP chargeability targets: MB1 (400m x 150m) and MB2 showing chargeability >3 times background levels Exceptional rock chip samples: Peak values of 32.6% Cu, 48.8g/t Au & 3.92% Sb at MB2 Historical drilling: Seven of fifteen Newcrest holes contained primary sulphides including chalcopyrite Extensive copper mineralisation: Eighteen samples exceeding 1% Cu at MB1 and eleven samples exceeding 1% Cu at MB2 What makes this exploration particularly intriguing is that previous drilling by Newcrest stopped short of the high chargeability zones now identified by TechGen's IP surveys. Understanding IP Geophysics in Mineral Exploration Induced Polarization (IP) is a geophysical technique used to identify subsurface mineral deposits, particularly those containing metallic sulphides. The method measures how rocks store electrical charge when current is passed through them. In mineral exploration, IP is particularly effective at detecting: Disseminated sulphide minerals that often host copper and gold Zones with different electrical properties than surrounding rocks Potential mineralised bodies at depth that aren't visible at surface The effectiveness of IP at Mt Boggola is evidenced by the correlation between high chargeability zones and known copper-gold-antimony surface mineralisation. Strategic Timeline for Development TechGen is executing a methodical approach to advancing the Mt Boggola Project: Current IP survey: In progress, targeting areas southwest of MB1 and MB2 Heritage Survey: Scheduled for September 27, covering MB1, MB2, and any new targets identified Drill planning: Q4 2023, targeting the most promising IP chargeability anomalies Potential drilling: Following heritage clearance This systematic approach aims to maximise exploration efficiency while respecting cultural heritage considerations. Geological Context Enhances Potential The Mt Boggola Project lies within the Proterozoic-aged Ashburton and Edmund Basins, targeting shear zone hosted and intrusive-related copper-gold-antimony mineralisation. The project area contains: A large-scale northeast-southwest striking fault structure An interpreted magnetic intrusion with high-grade copper-gold-silver veins Extensive copper-gold-antimony soil anomalies defined by Northern Star Resources These geological features create a favorable environment for the formation of significant mineral deposits. Previous Exploration Results Previous exploration at Mt Boggola has yielded encouraging results that support the current exploration focus: Drill Hole Intersection Elements PB04 2m @ 1.58% Cu & 0.48g/t Au from 8m Copper, Gold PB04 6m @ 1.26% Pb from 32m Lead PB09 4m @ 1.56% Cu from 32m Copper PB13 4m @ 2.32% Cu from 12m Copper PB14 4m @ 1.08% Cu from 36m Copper Rock chip samples from the project area have returned exceptional grades including: Sample MB69: 48.7% Cu & 119g/t Ag Sample MB12: 17.8% Cu & 5.08g/t Au Sample MB54: 15.2% Cu & 0.16 g/t Au Sample MB13: 18.8% Cu, 7.44 g/t Au & 17.6 g/t Ag Why Investors Should Watch TechGen Metals TechGen presents a compelling investment case for several reasons: Strategic asset positioning: 100% ownership of a project that has attracted major companies including Newcrest and Northern Star Technical validation: Multiple exploration techniques (geochemistry, geophysics, historical drilling) confirming mineral potential Exceptional grades: Surface samples with up to 32.6% copper and 48.8g/t gold demonstrate high-grade potential Methodical approach: Systematic exploration building on historical data with modern techniques Near-term catalysts: Heritage survey, new IP results, and potential drilling all scheduled within months "TechGen is exceptionally fortunate to come along in 2023 and complete the first ground geophysics in the tenement," noted Managing Director Ashley Hood. With multiple targets already identified and more potentially emerging from the current IP survey, TechGen is positioning itself for a potentially significant exploration program at Mt Boggola in the coming months. The additional IP survey currently underway could identify further drill-ready targets beyond the already established MB1 and MB2 anomalies, potentially expanding the scope of the upcoming exploration program. Results from this expanded survey will be incorporated into the heritage survey scheduled for late September, streamlining the path to drilling. Looking for High-Grade Copper-Gold Opportunities? Don't miss TechGen Metals' strategic expansion at the Mt Boggola Project, where exceptional copper grades of up to 32.6% and gold values of 48.8g/t have been identified. With a methodical exploration approach, 100% ownership, and multiple targets already established, TechGen is positioned for potentially significant discoveries. Visit techgenmetals.com.au today to learn more about this compelling investment opportunity before their upcoming exploration milestones.
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