TechGen Metals has reported significant exploration advances with new high-grade copper and gold targets across multiple projects, supported by a recent $1.2 million placement that strengthens its position for an active 2026 drilling campaign.
- Discovery of Red Devil high-chargeability copper-gold anomaly at Blue Devil Project
- Identification of two new IP geophysical targets (MB3 & MB4) at Mt Boggola
- High-grade gold rock chip assays up to 39.3g/t at Dalgaranga Project
- Completion of $1.2 million placement, boosting cash reserves to $2.62 million
- Drilling and sampling programs planned across five key projects in 2026
Exploration Breakthroughs at Blue Devil and Mt Boggola
TechGen Metals Limited has delivered a robust quarterly update for the period ending 31 December 2025, highlighting major strides in its exploration portfolio. The standout development is the identification of the Red Devil Prospect at the Blue Devil Project in Western Australia, where an induced polarisation (IP) geophysical survey revealed a very high chargeability anomaly. This target lies beneath a newly identified 2km east-west structural corridor that has already yielded exceptional rock chip assays, including copper grades exceeding 50% and gold up to 5.35 grams per tonne.
Meanwhile, at the Mt Boggola Project, the company’s Stage 2 IP survey uncovered two additional strong chargeability targets, MB3 and MB4, within the Northern Star copper-gold-antimony-silver anomaly zone. These targets coincide with distinct resistivity and magnetic features, suggesting compelling mineralisation potential. Importantly, TechGen has secured drilling approval and heritage clearances, setting the stage for imminent fieldwork.
Dalgaranga Project Adds High-Grade Gold Potential
Adding to the momentum, TechGen has expanded its gold portfolio with a new project application at Dalgaranga, strategically located along strike from Ramelius Resources’ prolific gold operations. Field reconnaissance uncovered historic gold workings at the Armstrong Prospect, with rock chip samples returning impressive grades up to 39.3 grams per tonne. This discovery underscores the project’s potential and marks a low-cost entry into a highly prospective gold belt.
Financial Position and Forward Plans
Financially, TechGen completed a $1.2 million placement during the quarter, bolstering its cash reserves to a healthy $2.62 million as of 31 December 2025. This capital injection provides the company with the necessary resources to advance multiple drilling and sampling programs planned for 2026, spanning five projects including Mt Boggola, Blue Devil, John Bull, Dalgaranga, and El Donna.
Managing Director Ashley Hood expressed optimism about the company’s trajectory, citing the combination of near-record gold prices and robust copper fundamentals as a favourable backdrop. He emphasised that 2025 was a year of successful target generation and permitting, positioning TechGen for an active and potentially transformative exploration year ahead.
Strategic Project Footprint Across Australia
TechGen’s portfolio spans several highly prospective geological provinces across Western Australia, the Northern Territory, and New South Wales. The company’s projects cover a range of commodities including copper, gold, silver, and antimony, with exploration activities leveraging modern geophysical techniques and historical data reviews. Notably, the company’s Kimberley projects tap into the mineral-rich Halls Creek Orogen, while its Ashburton Basin and Yilgarn Craton projects target prolific gold and base metal belts.
With drilling approvals and heritage clearances secured at key projects, TechGen is well-positioned to convert its geophysical targets into tangible resource discoveries. The company’s methodical approach to exploration, combined with strategic capital management, underscores its commitment to unlocking value for shareholders.
Bottom Line?
As TechGen gears up for a busy 2026 drilling season, the market will be watching closely to see if these promising targets translate into significant resource discoveries.
Questions in the middle?
- Will upcoming drilling at Red Devil and Mt Boggola confirm the high-grade potential indicated by geophysics?
- How will TechGen prioritise its multiple projects given its current cash reserves and planned expenditures?
- What impact could sustained high gold and copper prices have on TechGen’s exploration strategy and valuation?