TechGen Metals Limited (ASX: TG1) has identified a number of priority targets at the company’s Narryer Project located 650km north of Perth in the Narryer Terrane, Western Yilgarn of Western Australia.
This area is under-explored and prospective for the presence of Ni-Cu-PGE and REE mineralisation (clay-hosted and carbonatite- hosted). The project consists of Exploration Licences E20/1022 & E09/2699 (100% owned) and Exploration Licence E20/1052 (Option with NYM to earn up to an 85% interest) covering a combined are of 573 sq. km.
Highlights
- Critical minerals project prospective for both Ni-Cu-PGE and REE mineralisation.
- Ultra-fine fraction soil results have identified 1 priority REE & 3 priority Ni targets.
- Priority REE soil target has supporting coincident total count, thorium, and potassium radiometric anomalism.
- Western Yilgarn, under-explored and highly prospective geological terrane.
The Narryer Project is located within the emerging West Yilgarn Ni-Cu-PGE Province which covers a 1,200km x 100km area. This province contains the Gonneville Ni-Cu-PGE Deposit (Julimar Project), discovered by Chalice Mining Limited in March 2020. Within the broader Narryer Terrane, numerous occurrences of valuable minerals such as nickel, rare earth elements, iron, chromite and platinum-palladium have been documented.
The results of ultra-fine fraction (UltraFine) soil sampling on E09/2699 & E20/1022, completed along east-west sample lines have been received and interpreted in conjunction with processed airborne magnetic and radiometric data.
The soil sampling programme has targeted a mafic-ultramafic intrusive complex which runs for approximately 25km through the Narryer Project area. The soil data was levelled with respect to regolith and geology domains and then the levelled and raw data assessed to determine areas of anomalism. The soil data interpretation was completed by geochemist Steve Sugden of Sugden Geoscience.
The soil sampling results have indicated the presence of one priority REE target and three priority Ni targets.
Airborne magnetic and radiometric data has been processed and modelled across the project area by the Company’s geophysical team at Southern Geoscience Consultants. Of particular interest, the priority REE soil target area,is coincident with an area of total count, thorium and potassium radiometric anomalism.
In addition, the coincidence of soil REE anomalism with radiometric (Total Count, thorium and potassium) anomalism and a magnetic high is very exciting and represents a compelling carbonatite intrusive REE exploration target.
Geological mapping and rock chip sampling of the priority target areas is planned to commence this quarter.
