TechGen advances copper exploration at Blue Rock Valley
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ASX newcomer TechGen Metals has identified three strong, bedrock conductors at its Blue Rock Valley project that will be subject to further exploration.
This follows the review of preliminary data from the recently completed heliborne Versatile Time Domain Electro Magnetic (VTEM) geophysical survey at the copper project in Western Australia’s Ashburton Basin.
Two of the conductors are localised, late time, conductors present on a single flight line, in favourable structural and geological settings on or adjacent to mapped structures/fold axial traces while the third is larger, potentially more significant and is has been identified over three flight lines adjacent to a structural flexure/bend within the regional Talga Fault.
Exploration at Blue Rock Valley is focused on shear zone hosted copper-gold mineralisation with TechGen Metals (ASX:TG1) noting that historical high-grade copper workings in the project area are untested by geophysics or drilling.
Managing director Ashley Hood noted that the project is underexplored and highly prospective minerals province with the potential to host high grade discoveries.
“This region has historic copper-lead-zinc & copper working with rock chip samples to 16% copper adjacent to the Talga shear zone,” he added.
“We are pleased that the survey has located late time bedrock conductors, especially combined with other influencing factors like geological control or geochemistry.
“We are looking forward to progressing these anomalies with ground EM surveys in the near future while we patiently await the return of the VTEM system to test our other highly desirable copper assets at Station Creek and Mt Boggola in four to five weeks.”
Planning has started for high-powered fixed loop ground electro magnetics of the three new conductors as well as two conductors identified from historical 2006 VTEM data.
The company added that the VTEM system will return to survey its Station Creek and Mt Boggola projects in May.
Blue Rock Valley is located within the Ashburton Mineral Field, which has a long history of gold, copper, silver, lead and zinc exploration.
It includes Blue Rock, a 1km strike, high grade copper occurrence that will require follow-up exploration.
Prior to TechGen securing the project, companies such as Western Mining Corporation, RGC Exploration and Jackson Minerals have undertaken photogeological studies, geophysical surveys, lag sampling, soil sampling and rock chip sampling and limited reverse circulation drilling.
This article was developed in collaboration with TechGen Metals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.