TechGen Metals has reported a standout 20m @ 1.14% copper intercept at Mt Boggola and secured key drilling approvals at Blue Devil, setting the stage for multiple exploration campaigns in 2026.
- 20m @ 1.14% copper intercept at Mt Boggola MB4
- Blue Devil licences granted, drilling programme lodged
- Soil sampling underway at Dalgaranga and El Donna
- Strategic acquisition of Mt Boggola East tenement
- Cash reserves of $1.746 million support exploration
Significant Copper Intercept at Mt Boggola
TechGen Metals Limited (ASX:TG1) has delivered one of its most compelling drill results to date with a 20-metre intersection grading 1.14% copper from the MB4 target at its Mt Boggola Project in Western Australia. This intercept, returned from a reverse circulation (RC) pre-collar hole, also carries anomalous gold and lead, hinting at a polymetallic hydrothermal system. The mineralisation, including visible malachite and sulphides such as pyrite, galena, and chalcopyrite, was intersected across all three drill holes completed this quarter, confirming the prospectivity of the IP chargeability targets MB1 and MB4.
The MB4 copper zone remains open in all directions, with diamond core assay results pending for the three holes drilled. Once received, these will inform the next phase of drilling, expected to focus on extending and delineating this mineralised system. The Mt Boggola Project, covering 458 square kilometres across four licences, has attracted attention partly because previous explorers like Newcrest and Northern Star concentrated on gold, whereas TechGen’s copper discovery represents a new vector for value at the project. This development builds on earlier reports of widespread copper carbonate (malachite) and sulphide mineralisation, reinforcing the project's emerging status as a copper-gold-silver-lead target. The drilling campaign and assay results have been detailed in recent market announcements, including the significant copper intercepts reported in March 2026 20m copper intercepts at Mt Boggola and High-grade copper at Mt Boggola.
Blue Devil Project Advances with Licence Grants and Drilling Plans
After overcoming a Native Title objection, TechGen secured exploration licences E80/6047 and E80/6084 at the Blue Devil Project near Halls Creek, Western Australia, with formal grant occurring on 1 April 2026. This milestone unlocks drilling at two high-priority targets: the Blue Devil airborne electromagnetic (EM) conductor and the Red Devil induced polarisation (IP) anomaly. The Blue Devil target is a 2.75-kilometre-long EM anomaly with a coincident copper and gold signature, while Red Devil features a strong chargeability core zone at depths of 175–225 metres, correlating with high-resistivity basement rocks.
TechGen has lodged a Programme of Work (POW) for the drilling campaign, expected to commence in June or July 2026, pending regulatory approval. The company also secured co-funding of up to $170,000 under the Geological Survey of Western Australia's Exploration Incentive Scheme, reducing the cost burden for this first-ever drill test of these targets. Rock chip sampling at Red Devil has returned exceptional assays, including 52.3% copper and 5.35 g/t gold, underscoring the potential of this system. The recent licence grants and drilling plans represent a major step forward in unlocking value from the underexplored Blue Devil area Licence grants and drilling approval.
Soil Sampling Programs at Dalgaranga and El Donna Projects
TechGen continues to progress its gold-focused projects with soil sampling programs completed during the quarter at Dalgaranga and El Donna in Western Australia. The Dalgaranga program collected 570 samples over prospective greenstone belts, with results pending. This project is notable for its proximity to Ramelius Resources’ Dalgaranga Gold Project and historic high-grade rock chip results at the Armstrong Prospect, including assays up to 39.3 g/t gold. The El Donna program involved 524 soil samples across two licences, targeting extensions of known gold mineralisation near the Mayday North and Penny’s Find mines.
Both projects represent relatively underexplored ground with limited prior drilling, offering potential for new discoveries. The Dalgaranga area, in particular, has not seen systematic soil geochemistry before, marking this as a foundational step for future drill targeting. Early indications suggest multiple gold targets warrant follow-up, with TechGen planning to ground-truth anomalies and prepare for drilling later in 2026. These efforts align with the company’s strategy to diversify its exploration portfolio across base metals and gold.
Strategic Tenement Acquisition and Financial Position
During the quarter, TechGen executed a strategic acquisition of the Mt Boggola East tenement (E08/3728), securing 100% ownership through a combination of a $100,000 cash payment and $200,000 in shares. The deal includes milestone-based deferred payments tied to drilling success and resource delineation, plus a 1% net smelter return royalty. This acquisition enhances TechGen’s footprint in a highly prospective copper-gold-silver system and provides a platform for accelerated exploration.
Financially, TechGen ended the quarter with $1.746 million in cash reserves, supported by prior capital raisings. The company spent approximately $484,000 on project and exploration activities during the quarter, reflecting its active field programs. With no borrowings on the balance sheet, TechGen appears well positioned to fund its planned drilling campaigns and ongoing exploration initiatives through 2026.
Bottom Line?
TechGen’s March quarter sets the stage for a pivotal year, but pending assay results and drilling approvals will be critical to validate and expand its copper-gold prospects.
Questions in the middle?
- How will pending diamond core assays from Mt Boggola influence TechGen’s exploration strategy?
- What are the timelines and hurdles for Blue Devil drilling commencement following POW submission?
- Can soil sampling results at Dalgaranga and El Donna unlock new drill targets in these underexplored gold belts?