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TG1 preparing to drill its NSW gold project in May

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Published 12-APR-2023 11:07 A.M.

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Announcement

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Trust Centre


Our junior exploration Investment TechGen Metals (ASX: TG1) is gearing up for its second round of drilling at its gold project in NSW.

TG1’s drill program is fully permitted and planned to start in May.

To date, TG1 has only drilled 7 RC drillholes at its project.

With this next round of drilling, TG1 will be employing both a diamond and RC rig. We note that the project has two areas that are largely untested at the moment - to the north and to the south.

Earlier today, TG1 announced soil sampling results from the north where it picked up 10g/t of gold at surface - the significance of this is that typically, gold in soils is a good indicator that there may be more gold at depth.

Below is an image showing the ~1km of strike that can be tested to the north:

TG1 1.PNG

What’s next for TG1?

Permits are already in place and TG1 has already started mobilising the rig to site.

We are now looking forward to the drill program starting in May.