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Highlights
- Significant sulphide intersections at Shelby and Austin deposits.
- Confirmation of Cu-Zn mineralisation continuity, supporting future expansion.
- Assay results pending, with further drilling planned at key prospects.
GreenTech Metals (ASX:GRE) has successfully completed two deep diamond core drill holes at its Whundo Copper Project, marking a significant milestone in its ongoing exploration efforts. The drilling, which covered a total depth of 1,187 meters, targeted deep Downhole Electromagnetic (DHEM) conductor plates at the Shelby and Austin mineralised shoots. These results bolster confidence in the project’s resource expansion potential.
Strong Sulphide Intersections Indicate Resource Continuity
Drilling at Shelby and Austin intercepted promising sulphide mineralisation, with widths of 10 meters and 7.23 meters, respectively. The intersections contained a mix of chalcopyrite, sphalerite, pyrrhotite, and pyrite, all indicative of strong copper-zinc (Cu-Zn) mineralisation. The findings support previous geological models that suggest these mineralised zones extend at depth, potentially expanding the resource base at Whundo.
The company has already dispatched samples to a Perth laboratory for assay testing, which will determine the exact copper and zinc grades. These results will be instrumental in shaping the next phase of exploration.
Expanding the Exploration Footprint
Beyond the current drilling success, GreenTech Metals (ASX:GRE) is laying the groundwork for further exploration. The confirmation of Cu-Zn continuity at Shelby and Austin validates the geological model, reinforcing the potential for additional discoveries.
Next steps include follow-up DHEM surveys to refine drilling targets and assess the deeper extensions of mineralisation. The company has also outlined plans for further drilling at the Yannery and Ayshia prospects, indicating a broader strategy to explore high-potential zones across the Whundo project.
Company Outlook
The latest results underscore the potential for significant resource growth at Whundo. Executive Director Tom Reddicliffe expressed confidence in the findings, emphasizing that the continued presence of sulphides down-plunge strengthens the company’s conceptual model. He highlighted the importance of the pending assay results in shaping future drilling strategies and expanding the project’s scope.
With a strong geological foundation, ongoing exploration efforts, and assay results on the horizon, GreenTech Metals is positioning itself for an exciting phase of resource development. The company’s strategic focus on deeper mineralised zones could unlock further value, making Whundo a key asset in its portfolio.
