TechGen Expands Gold Portfolio by 231km² Adjacent to Ramelius Project
TechGen Metals has significantly expanded its Western Australian gold footprint with three new exploration licences adjoining Ramelius Resources’ prolific Dalgaranga Gold Project, positioning itself as a key player in a proven gold corridor.
- Acquisition of three exploration licences covering 231km² near Dalgaranga Gold Project
- TechGen becomes second-largest landholder in Dalgaranga and Warda Warra Greenstone Belts
- Licences adjacent to high-grade gold deposits including Ramelius’s 2.97Moz resource
- Historical data review underway to identify high-priority gold targets
- Strategic complement to TechGen’s existing copper and gold assets in Western Australia
Strategic Expansion in a Proven Gold Region
TechGen Metals Limited has taken a decisive step to bolster its gold exploration portfolio by acquiring three new Exploration Licence Applications (E59/3024, E59/3025, and E59/3026) in Western Australia. These licences, covering a combined 231 square kilometres, directly adjoin Ramelius Resources’ Dalgaranga Gold Project and Rumble Resources’ Western Queen Gold Project, both well-established and productive gold mining areas.
Located just 8 kilometres from Ramelius’s Dalgaranga processing plant, the new licences lie within a historically rich gold-producing corridor that has seen surprisingly limited modern exploration. This acquisition positions TechGen as the second-largest landholder in the Dalgaranga Greenstone Belt, trailing only Ramelius Resources, and similarly in the Warda Warra Greenstone Belt behind Rumble Resources.
Capitalising on Proven Discoveries and Regional Momentum
The Dalgaranga Gold Project area is gaining increasing attention following Ramelius Resources’ recent A$2.4 billion acquisition of Spartan Resources, which brought high-grade discoveries like the Never Never and Pepper deposits into its fold. These deposits, each exceeding 500,000 ounces of gold, underscore the region’s potential for significant new finds.
TechGen’s Managing Director, Ashley Hood, highlighted the rarity of securing such a large, underexplored landholding adjacent to these high-calibre discoveries. He emphasized that the acquisition not only strengthens TechGen’s gold position but also complements its existing copper projects, including the drill-ready Blue Devil and Mt Boggola targets.
Next Steps and Exploration Outlook
Currently, TechGen is compiling and reviewing historical exploration data across the three licence areas to define high-priority gold targets. This groundwork will inform initial exploration programs, which the company plans to announce in due course. The strategic location of these licences along major geological structures such as the Western Queen Shear Zone further enhances the prospectivity of the ground.
While financial details of the acquisition remain undisclosed, the move represents a low-cost opportunity with potentially high upside, especially given the strength of the current gold market. Investors will be watching closely as TechGen advances its exploration efforts and integrates these new assets into its broader portfolio.
Bottom Line?
TechGen’s bold land grab near Dalgaranga sets the stage for a pivotal exploration phase that could reshape its growth trajectory.
Questions in the middle?
- What initial exploration results will TechGen report from the new licences?
- How will TechGen balance its copper and gold exploration priorities moving forward?
- Could TechGen’s expanded landholding attract partnerships or joint ventures in the region?
