TechGen Metals Limited updated the market regarding the final 1m assay results from Stage 2 drilling. The Ida Valley Gold Project is owned 100% and is located 80km northwest of Leonora in the Yilgarn Craton of Western Australia. The Ida Valley Gold Project has up to 30km of prospective strike extent and consists of three Exploration Licences overing a combined area of 199km2.

The project is ideally located in between the Lawler's and Mount Ida Mining Districts. The RC program consisted of 15 drill holes for 1,395m. This second stage RC drilling program was designed to follow-up highly encouraging maiden discovery drill results received by the Company in June 2021 and test soil gold anomalism at the Southern Anomaly and Northern Anomaly.

Assay results indicate the presence of narrow higher-grade zones within broader lower grade zones of gold mineralisation. This program has successfully extended both the Central Eastern Zone and Central Western Zone at depth and along strike. Peak results from this program include 1m @ 2.65 g/t Au from 60 - 61m within a broader zone of 13m @ 0.40g/t Au (IVRC018) at the Central Western Zone and 1m @ 2.17 g/t Au from 58 - 59m within a broader zone of 11m @ 0.47g/t Au (IVRC020) at the Central Eastern Zone.

To date the projects peak results are 884 ppb Au in soils and 6.6 g/t Au in rock chips. The maiden RC drilling program tested the "Central Area" of soil and rock chip gold anomalism which confirmed the presence of bedrock gold mineralisation returning assay results including 8m @ 2.30g/t Au from 36m (hole IVRC003), 8m @ 1.25g/t Au from 20m (hole IVRC001) and 36m @ 0.95g/t Au from 52m. Drilling intersected rock units which include amphibolite, ultramafic and pegmatite beneath shallow weathering (<20m).

Zones of quartz veining were intersected in several holes as well as zones of disseminated pyrite and pyrite veining. The full length of each drill hole has been composite sampled (4m) with follow-up 1m sampling completed on composite samples returning >0.1g/t Au. Assaying was undertaken by ALS Laboratories in Perth.

The drilling program was again completed by Kalgoorlie based drilling company Australian Surface Exploration (WA) Pty Ltd.