TechGen gold NSW

TechGen Metals mobilises RC rig to Jackadgery Gold Project for maiden drill campaign

TechGen Metals (ASX:TG1) has started a maiden drilling campaign at the recently acquired Jackadgery Gold Project in New South Wales.

The company reports a track mounted reverse circulation (RC) drill rig has arrived and has already commenced drilling at the project, located between Glen Innes and Grafton in northern New South Wales within the New England Orogen.

All drill sites for this maiden drilling campaign have been designed to test the historic John Bull gold shafts (1880s), the main gold sluiced area (1940s), and the historic surface trench (1980s by Kennecott Exploration (Australia) and Southern Goldfields Ltd) that contains an untested mineralised interval of 160m @ 1.2 g/t Au.

TechGen reports that the 1,000m RC drill campaign will be the first such program to drill test the project.

Commenting on the maiden drilling, TechGen Managing Director Ashley Hood said: “We are excited to progress our goals and ambitions in this outstanding opportunity for our shareholders and stakeholders with exceptional historic results and fully permitted ‘walk up’ drill ready targets.

“We feel the project is highly attractive and we see excellent exploration potential”

We feel the project is highly attractive and we see excellent exploration potential for both size and grade at Jackadgery.

With gold being discovered and mined at this site some 140 years ago (John Bull gold shafts)-now Jackadgery Gold Project- and this site was subsequently followed up a few times with different levels of exploration and gold mining activities, essentially banking relatively easily accessible gold, this was an opportunity too good to be missed.”

The company reports that it is currently embarking an ‘impressive quarter’ (Q3) with three projects about to receive their first RC drilling campaigns commencing at Jackadgery, and then moving onto Western Australia copper exploration sites.

TechGen is an Australian registered exploration company with a primary focus on exploring and developing its gold and base metal projects across Australia. TechGen holds a portfolio of 23 exploration licences strategically located in five highly prospective geological regions in WA, and one in NSW.

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Written By Adam Orlando Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.