TechGen Metals Discovers Historic Gold Workings at Dalgaranga Project

Techgen Metals Ltd-TG1-TG1 carved into a desert cliff.

Techgen Metals Ltd

  • ASX Code: TG1
  • Market Cap: $10,325,645
  • Shares On Issue (SOI): 368,773,034
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    Major Historic Workings Identified at Armstrong Prospect

    The Techgen Metals Dalgaranga Gold Project has revealed significant potential following the discovery of previously unmapped historic gold workings in Western Australia. Field reconnaissance at the Armstrong Prospect has revealed substantial historic gold infrastructure that escaped modern geological mapping.

    In the announcement, the company detailed the main discovery which includes a 60m long Ă— 4m wide Ă— 5m deep open pit with historic production records. Furthermore, the site shows 107 tonnes @ 2.5g/t Au according to 1986 records.

    Additional workings comprise two shallow pits along strike with multiple waste rock dumps. Moreover, no drilling has ever been conducted at Armstrong, presenting untested potential for future exploration.

    The workings are reported to be hosted within a northeast-striking shear zone containing multiple quartz veins. Consequently, there is clear evidence of structural continuity extending toward the northeast.

    Historic Rock Chip Results Confirm Gold Potential

    According to the announcement, Western Mining Corporation's 1987-1989 sampling program returned encouraging results from the Armstrong pit area. The Techgen Metals Dalgaranga Gold Project benefits from this historic data foundation.

    Sample Description Gold Grade (g/t)
    ARM 1 Quartz vein 0.5
    ARM 3 Hanging wall quartz vein 0.3
    ARM 5 Footwall quartz stockwork 2.2
    ARM 6 Quartz vein 4.4

    Soil sampling by Western Mining Corporation is reported to have identified a gold anomaly with peak values. For instance, readings of 15ppb and 13ppb Au were recorded against background levels of 1ppb Au. These results directly correspond to the current Armstrong pit location.

    Significant New Quartz Vein Discovery

    Beyond the historic workings, TechGen reports identifying a 70m-long, up to 5m-wide quartz vein located 1.4km northeast of Armstrong. This discovery runs parallel to the main mineralised trend within the Techgen Metals Dalgaranga Gold Project area.

    This outcropping vein system represents completely virgin territory with no previous sampling or exploration. However, 46 rock chip samples have been collected from both the Armstrong workings and the newly discovered northeastern vein system.

    Assay results are currently pending, which may provide crucial insights into the project's potential. In addition, these results will guide future exploration priorities across the broader project area.

    Strategic Location in Australia's Newest Gold Hotspot

    The Dalgaranga Gold Project is positioned within Western Australia's proven gold corridor. This strategic location offers several advantages for the Techgen Metals Dalgaranga Gold Project development.

    The project sits 8km from Ramelius Resources' Dalgaranga processing plant. Furthermore, it is adjacent to Ramelius's 2.97Moz @ 5.61g/t Au Dalgaranga Gold Project.

    The site is located within the same geological belt as the high-grade Never Never and Pepper discoveries. Consequently, it benefits from proven geological potential in the immediate area.

    Additionally, the project is 475km northeast of Perth and 55km northwest of Mount Magnet. This positioning provides reasonable access to infrastructure and services.

    The strategic importance of this region was highlighted by Ramelius Resources' A$2.4 billion acquisition of Spartan Resources in 2024. This acquisition was driven by the Never Never and Pepper high-grade gold discoveries within the same geological corridor.


    Managing Director Ashley Hood commented: "On a recently completed reconnaissance field trip to the Dalgaranga Project area, we were star struck to find such significant historical gold workings in this day and age of the current gold market, and within such close proximity to one of Australia's most recent gold takeovers."


    Understanding Shear Zone Gold Systems

    Shear zones are linear zones of intense deformation where rocks have been fractured and altered by tectonic forces. These structures act as natural highways for gold-bearing fluids, creating focused areas of mineralisation.

    In Archean greenstone belts like Dalgaranga, shear-hosted gold deposits often display distinctive characteristics. For instance, they show high-grade continuity along structural trends.

    Moreover, these systems demonstrate predictable geometry suitable for mining operations. In addition, they often contain multiple parallel veins within broader mineralised corridors.

    The northeast-striking shear zone at Armstrong shows characteristics of these world-class gold systems. Consequently, multiple quartz veins and structural continuity are reported by the company across the Techgen Metals Dalgaranga Gold Project.

    Exploration Timeline and Next Steps

    TechGen has outlined a systematic approach to advancing the Dalgaranga Project according to the announcement. The company has established clear phases for development moving forward.

    Immediate Phase (Q1 2025)

    The first phase will focus on completing assay results from 46 rock chip samples. Furthermore, geological mapping of the broader project area will be conducted systematically.

    In addition, systematic soil sampling across untested ground will be implemented. This approach will help identify additional targets within the project area.

    Future Development

    Subsequent phases will include first-pass drilling of Armstrong Prospect structures. Moreover, testing of the 1.4km northeastern vein system will be prioritised.

    However, regional exploration across the 170km² project area will also be conducted. Managing Director Ashley Hood noted that Dalgaranga will follow the company's copper and gold priority projects scheduled for drilling in early 2026.

    Investment Thesis: Exceptional Value Discovery

    TechGen's Dalgaranga acquisition represents a combination of factors that may create investment potential. The project offers multiple value drivers within a proven geological district.

    Low-Cost Entry

    The project was acquired for minimal pegging fees, providing excellent entry value. Furthermore, no previous drilling means unexplored potential remains intact.

    In addition, historic production data provides proof of concept for mineralisation. Consequently, the risk profile is balanced with established potential.

    Strategic Infrastructure

    The location 8km from operating processing plant provides immediate infrastructure access. Moreover, the established mining district offers proven geology and operational knowledge.

    Access to experienced local workforce further enhances development potential. However, these advantages reduce both operational risk and development costs.

    Blue-Sky Potential

    The 170km² of largely unexplored ground offers significant expansion potential. Furthermore, multiple parallel vein systems have been identified across the project area.

    Historic soil anomalies extend beyond current workings, suggesting broader mineralisation. Consequently, the discovery comes as gold markets strengthen and major players consolidate premium assets.

    Why Investors Should Follow TechGen Metals

    TechGen aims to identify and secure strategic assets in tier-one geological locations. The Dalgaranga Gold Project acquisition showcases several key investment differentiators according to the announcement.

    Exploration Capabilities: The systematic identification of unmapped historic workings and new vein systems demonstrates field expertise. Furthermore, these technical capabilities distinguish the company's approach to project evaluation.

    Strategic Positioning: Securing ground adjacent to a A$2.4 billion takeover target provides significant value potential. Moreover, positioning within 8km of processing infrastructure creates immediate development advantages.

    Portfolio Balance: With copper and gold priority projects planned for drill-testing in early 2026, Dalgaranga provides additional potential. However, this occurs without immediate capital requirements, preserving financial flexibility.

    Market Timing: The discovery comes during a strengthening gold market environment. In addition, major players are actively consolidating high-quality assets in proven districts.


    Key Takeaway:
    TechGen Metals has secured a strategic foothold in one of Australia's hottest gold districts for minimal cost, with historic production data, untested drill targets, and processing infrastructure within 8km. As the company plans to advance its priority drilling programs in 2026, the Dalgaranga Gold Project provides potential blue-sky opportunity in a strengthening gold market.

    Could TechGen's Dalgaranga Discovery Reshape Your Gold Investment Portfolio?

    With historic workings producing 107 tonnes at 2.5g/t Au, untested drill targets, and processing infrastructure just 8km away, TechGen Metals' Dalgaranga Gold Project represents a compelling opportunity in Australia's newest gold hotspot. As the company prepares for its priority drilling programmes in early 2026, investors seeking exposure to high-potential gold discoveries in proven districts should examine TechGen's strategic positioning within the same geological corridor as Ramelius Resources' $2.4 billion takeover target. Discover how TechGen Metals is building a portfolio of tier-one assets in world-class mining districts by visiting techgenmetals.com.au for comprehensive project details, upcoming exploration timelines, and investor resources.

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