TechGen Metals Limited (ACN 624 721 035) (“TechGen” or the “Company”is pleased to report highly prospective
results from its recent soil sampling program at the John Bull Gold Project located within the New England Orogen in
northern New South Wales (Figure 2).
A further soil and rock chip sampling program is currently underway stepping out to the north from previous sampling
activities, where the gold mineralisation remains open. The soil and rock chip sampling is being completed to test for
strike extensions to the broad gold intercepts returned from the projects maiden RC drilling program completed in
August 2022 (ASX announcement 1st September 2022).
The Company is preparing to undertake a Phase 2 drilling program that incorporates RC and a maiden diamond hole
at the John Bull Gold Project during the Second Quarter with permits currently awaiting approvals.
STRATEGIC HIGHLIGHTS
Peak soil result of 8.56 g/t gold with thirty-eight soil samples returning values
of + 1 g/t gold.
Two broad zones of + 0.1 g/t (100 ppb) soil gold anomalism have been
identified. Zone 1 is 550m x 275m & Zone 2 is 250m x 150m and both open.
New step-out soil & rock chip sampling program to the north underway.
Permits for Phase 2 drilling program currently awaiting approval.
The John Bull Gold Project continues to have many indications of a potentially
large scale, mineralised, gold system.
TechGen’s Technical Director, Mr Andrew Jones, commented: “We are exceptionally pleased that the results of our
exploration activities are continually demonstrating the prospectivity of this great project and we are excited about
the current soil and rock chip sampling program underway to test the potential strike extent as well as our phase 2 drill
program with the aim of further confirming the potential of this project, with RC drilling and a maiden diamond drill
hole to test the contact of the recently confirmed monzonite intrusive system for the source of gold mineralisation.
Stage two drilling program will step-out from the previous exciting drill results which included 68 metres at 1.0 g/t Au
and 66 metres at 1.14 g/t Au from a seven (7) hole program.”
Add to My Watchlist
What is My Watchlist?
