GreenTech Metals Ltd (ASX: GRE), ('GreenTech' or 'the Company') is pleased to announce the follow-up staged drill program at the Whundo Cu-Zn project has commenced with the planned drilling to focus on the under-explored mineralised prospects at Austin, Shelby, Yannery and Ayshia.
This initial campaign will be followed-up with downhole electromagnetic (DHEM) surveys on selected holes. The results of the DHEM surveys will assist in the planning of further follow-up drill holes. The program aims to identify and where possible quantify new resources with the targeting guided by an extensive project review completed in early-May which identified the potential for significant expansion of the existing Whundo/Ayshia Mineral Resource.1 The identified targets present potential to significantly increase existing Cu-Zn resources of 6.19Mt @ 1.12% Cu, 1.04% Zn.2
Contact:
Mr Thomas Reddicliffe
GreenTech Metals Limited
Tel: +61 8 6261 5463
Email: Info@greentechmetals.com
David Tasker
Tel: +61 433 112 936
Email: dtasker@chapteroneadvisors.com.au
About GreenTech Metals Limited
The Company is an exploration and development company primarily established to discover, develop and acquire Australian and overseas projects containing minerals and metals that are used in the battery storage and electric vehicle sectors. The Company's founding projects are focused on the lithium, copper, nickel and cobalt potential within the West Pilbara and Fraser Range Provinces. The green energy transition that is currently underway will require a substantial increase in the metals supply of these minerals and metals for the electrification of the global vehicle fleet and for the massive investment in the electrical grid and renewable energy infrastructure and storage
Caution regarding Forward Looking Information
This document contains forward looking statements concerning GreenTech Metals Limited. Forward looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward-looking statements as a result of a variety of risks, uncertainties and other factors. Forward looking statements in this document are based on GreenTech's beliefs, opinions and estimates as of the dates the forward-looking statements are made, and no obligation is assumed to update forward looking statements if these beliefs, opinions or estimates should change or to reflect other future developments.
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