New gold project acquisition completed

Investment Memo: TG1 2022

Key Objective #1: Drilling at the newly acquired gold project

A few weeks ago we covered our junior exploration Investment Techgen Metals (ASX: TG1) new acquisition of a drill ready gold project in NSW.

After a ~3 week due diligence process TG1 today announced that it had completed the acquisition of the project.

The project has never been drilled before and has drill ready targets where surface trenching has returned 160m @1.2g/t gold with higher-grade intervals including 5m @ 18.0 g/t gold and 5m @ 7.1 g/t gold).

TG1 also confirmed that its maiden RC drilling program is now planned to “commence in mid-2022” which means we won't be waiting too long for drilling to start.