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2,606.20
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92.9
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17,369.09
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36,581.76
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8,273.09
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69.24
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2,606.20
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92.9
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17,369.09
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41,393.78
(0.72%)
Nikkei 225
36,581.76
(-0.68%)
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8,273.09
(0.39%)
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0.6611
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54,860.55
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69.24
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2,606.20
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36.58
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92.9
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17,369.09
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41,393.78
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2,606.20
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92.9
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17,369.09
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41,393.78
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36,581.76
(-0.68%)
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8,273.09
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54,860.55
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69.24
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2,606.20
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36.58
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92.9
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17,369.09
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41,393.78
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36,581.76
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2,606.20
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92.9
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36,581.76
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8,273.09
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0.6611
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54,860.55
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69.24
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Gold
2,606.20
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36.58
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Iron Ore
92.9
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Hang Seng
17,369.09
(0.75%)
Dow Jones
41,393.78
(0.72%)
Nikkei 225
36,581.76
(-0.68%)
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8,273.09
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0.6611
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54,860.55
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69.24
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2,606.20
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36.58
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92.9
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17,369.09
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41,393.78
(0.72%)
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36,581.76
(-0.68%)
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54,860.55
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69.24
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2,606.20
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92.9
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(-0.68%)
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54,860.55
(0.68%)
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69.24
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2,606.20
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36.58
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Iron Ore
92.9
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17,369.09
(0.75%)
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41,393.78
(0.72%)
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36,581.76
(-0.68%)
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8,273.09
(0.39%)
USD/AUD
0.6611
(-0.36%)
Bitcoin
54,860.55
(0.68%)
Oil
69.24
(0.39%)
Gold
2,606.20
(0.99%)
Lithium
36.58
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Iron Ore
92.9
(-1.96%)
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17,369.09
(0.75%)
Dow Jones
41,393.78
(0.72%)
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36,581.76
(-0.68%)
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USD/AUD
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TechGen Metals (ASX: $TG1) plans antimony exploration at Station Creek Project

TechGen Metals Limited provides exploration update at Station Creek Project


TechGen Metals Limited (ASX:TG1) has announced an exploration update at its 100% owned Station Creek Project in northern Western Australia. The project, located 70km southwest of Paraburdoo, comprises Exploration Licence E08/2946 covering an area of 54km2. The project is considered highly prospective for structurally controlled critical, base metal and precious metal mineralisation, including the critically listed mineral Antimony.

Executive Commentary on Antimony Exploration


TechGen's Managing Director, Ashley Hood, stated, 'Historical diamond drill core from the 1990s, totalling approximately 450m, has been preserved at the Station Creek project area, offering immediate and beneficial structural and geological information. The drill core from two separate holes remains in pristine condition and has seen no obvious testing. Reports suggest the initial target commodities were uranium and base metals. Field reconnaissance work has commenced, specifically targeting the 7.05% antimony and coincident soil anomaly at AT1. This represents a significant development for the Company, especially given that no focussed exploration for antimony has been conducted in the area, with several samples previously recording +1% antimony across several targets. We recognise the positive market sentiment following China's recent move to restrict antimony exports and the critical role of antimony in military equipment. This leaves the antimony market poised to remain buoyant in the foreseeable future. As noted, we're prioritising ongoing exploration to fully understand the potential of this critical project, especially given the size of the geochemistry target, outstanding high-grade rock-chips and the ever-growing critical need for antimony in Australia, the EU, and the USA. We look forward to keeping the market well informed of our immediate antimony exploration efforts.'

Summary of Antimony Exploration Update


TechGen Metals Limited (ASX:TG1) has announced an exploration update at its Station Creek Project, focusing on the exploration of high-grade antimony targets. The project, located in northern Western Australia, is considered highly prospective for critical, base metal, and precious metal mineralisation, including antimony. The company has located untested diamond drill core from the 1990s on-site and is scheduled for sampling. Additionally, detailed geochemistry surveys are scheduled to generate immediate drill targets, and the project area has not seen any previous focussed exploration for antimony. Antimony is classified as a Critical Mineral by the USA, EU, and Australia, essential for military applications and batteries, and is now subject to China's latest export restrictions. TechGen's Managing Director, Ashley Hood, emphasized the significance of the exploration efforts and the positive market sentiment following China's move to restrict antimony exports. The company aims to fully understand the potential of the project and keep the market informed of its immediate antimony exploration efforts.

TECHGEN METALS LTD
TG1 | ASX | Materials
0.0350(+0%)
At close 20/09 (AEDT)
Market cap
$4.5M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.13
1YR Return
N / A

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