- TechGen Metals (TG1) has begun a versatile domain electromagnetic (VTEM) survey at its Blue Rock Valley Project in WA
- Under the survey, 939 line kilometres will be flown across the project to target shear zone hosted copper and gold mineralisation
- The survey is being flown by UTS Geophysics with the data to be processed and modelled by Russell Mortimer at Southern Geoscience Consultants (SGC)
- Any new anomalies will likely be subject to follow up testing consisting of electromagnetic surveying and geological mapping
- TechGen has ended the day 3.57 per cent in the red with shares trading at 27 cents
TechGen Metals (TG1) has begun a versatile domain electromagnetic (VTEM) survey at its Blue Rock Valley Project.
The Blue Rock Valley Project is situated within the Ashburton Basin of Western Australia, 60 kilometres south of Paraburdoo.
It is made up of two exploration licences, which cover an area of 202 square kilometres.
Under the survey, 939 line kilometres will be flown across the project to target shear-zone-hosted copper and gold mineralisation.
The survey is being flown by UTS Geophysics with the data to be processed and modelled by Russell Mortimer at Southern Geoscience Consultants (SGC).
Any new anomalies will likely be subject to follow up testing consisting of electromagnetic surveying and geological mapping.
This survey will be instrumental as 85 per cent of the project has has no prior airborne electromagnetic coverage.
Before the survey began, results from a historical VTEM survey identified two moderate to strong electromagnetic conductors.
One anomaly lies on a magnetic high while the other lies adjacent to the Talga Fault which passes though the Blue Rock Valley Project.
“At the Ashburton group of projects, the objective of the VTEM surveys is to generate quality discrete mid to late time bedrock conductors prospective for copper-gold and base metal style mineralisation comparable to that seen in the Cobar Basin in NSW,” Managing Director Ashley Hood said.
“We are encouraged by the results of limited historic VTEM surveys given that areas of historic copper workings and major faults are yet to be tested,” he added.
TechGen has ended the day 3.57 per cent in the red with shares trading at 27 cents in a $14.71 million market cap.