TG1 identifies rare earths and niobium drill targets in WA
Our junior exploration Investment TechGen Metals (ASX: TG1) now has niobium and rare earths exploration targets at its WA nickel-copper-PGE’s and rare earths project.
TG1’s projects sits inside the West Yilgarn nickel-copper-PGE province - north of where $2.3BN Chalice Mining made its Julimar discovery in March 2020.
Today, TG1 identified 1x rare earths target and 3 priority niobium targets.
The project is still at a very early stage, the first phase of exploration will be focused on reviewing historic exploration data, and geological mapping/rock chip sampling.
TG1 plans to be running a mapping/rock chip sampling program later this quarter.
What’s next for TG1?
Drilling results from John Bull gold project in NSW 🔄
TG1 completed its drill program on July 6 and assays are now pending.
Our Bull, Base, and Bear case expectations for the drill results are as follows:
- Bull case = TG1 proves continuity in its discovery to the north/south or at depth with intercepts >10m and gold grades over 1g/t.
- Base case = TG1 proves continuity in its discovery to the north/south or at depth with intercepts <10m and gold grades over 1g/t.
- Bear case = TG1 hits no significant mineralisation to the north/south or at depth of its discovery.
