Shares of the gold and base metal explorer, TechGen Metals (ASX:TG1), saw an increase of up to 5.3%, touching A$0.06.

The company announced that electromagnetic anomalies in the southern Mt Boggola project area in Western Australia have been mapped and sampled for base metal mineralization.

In addition, TechGen Metals (ASX:TG1) stated that radiometric target areas presenting thorium and uranium have also been mapped and sampled.

These samples are targeting ironstone related rare earth elements mineralization.

Notably, the company has identified priority geological targets and sent 23 first pass samples for analysis.

Despite this positive news, the stocks of TechGen Metals (ASX:TG1) are down around 30.5% for the year, considering the last closing.

TechGen Metals is a company that explores for gold and base metals.