GreenTech Metals starts drilling at Whundo
Drill program targets the underexplored Austin, Shelby, Yannery and Ayshia prospects
It aims to find new copper-zinc resources
Special Report: GreenTech Metals has started staged follow-up reverse circulation drilling at its Whundo copper-zinc project in WA’s West Pilbara region.
The wholly owned project already hosts a resource of 6.2Mt grading 1.12% copper and 0.89% zinc.
However, a high level review completed by GreenTech Metals (ASX:GRE) in early May confirmed there is the potential to expand the Whundo cluster of volcanogenic massive sulphide-style copper-zinc deposits.
This could help expand the company’s plan to process Whundo ore at Anax Metals’ (ASX:ANX) Whim Creek processing hub under their alliance agreement.
Under the alliance, the partners are aiming to produce more than 20,000tpa of copper equivalent production, which is timely given the expected surge in demand for the red metal.
The first drill hole in the current program. Pic: GreenTech Metals
Drilling underway
GRE has now started the program of ~2,200m of drilling to test the underexplored Austin, Shelby, Yannery and Ayshia prospects.
This seeks to quantify new resources with the targeting guided by an extensive project review completed in early-May.
It will be followed-up with downhole electromagnetic surveys on selected holes to assist in the planning of further follow-up drill holes.
“We are excited to have started our follow-up staged drill program at Whundo with the first drill hole being on the Austin target,” executive director Tom Reddicliffe said.
“We look forward to updating the market as we test these compelling targets in the Whundo VMS cluster.”
This article was developed in collaboration with GreenTech Metals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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