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GreenTech Metals Ltd (ASX: GRE) has delivered a significant boost to investor confidence, reporting robust assay results from its Whundo Copper Project in the West Pilbara, Western Australia. As copper prices flirt with decade highs above US$9,500 per tonne, the timing of these high-grade intersections couldnât be more strategic.
The companyâs stage two diamond drilling program has uncovered promising mineralisation across two unmined shootsâShelby and Austinâreaffirming the projectâs resource expansion potential. Results include 3.45 metres grading 2.42% copper and 2.41% zinc at Austin, and 2.5 metres at 2.21% copper from Shelby, underscoring the continuity and quality of the mineral system.
âThis validates our belief in Whundoâs scale and copper-rich potential,â said Executive Director Tom Reddicliffe. âWeâre not just chasing gradesâweâre unlocking a system with depth, continuity, and real growth upside.â
Drill hole 25GTDD001 (Shelby) intersected 9.94 metres at 1.32% copper from 598.2m, including a standout 2.5 metres at 2.21% copper. Similarly, drill hole 25GTDD002 (Austin) cut 7.14 metres at 1.46% copper and 1.23% zinc from 277.16m, with peak grades of 2.42% copper in narrower zones.
Electromagnetic (EM) surveys have revealed continuation of high-conductance platesâsome exceeding 40,000 siemensâsuggesting that both Shelby and Austin have considerable down-plunge potential. This geophysical data will guide further drilling, with the company eyeing lateral extensions and untested ground between the two mineralised zones.
Encouragingly, early analysis has also detected elevated gallium valuesâup to 114 ppm GaâOââadding a critical minerals dimension to Whundoâs portfolio as markets eye next-generation clean tech inputs.
With the Whundo-Ayshia resource already standing at 6.19Mt @ 1.12% Cu and 1.04% Zn, these recent intercepts lay the groundwork for a substantial upgrade. GreenTech has also flagged the start of conceptual mine studies, assessing economic pathways for potential near-term copper production. Reprocessing options are being evaluated at regional infrastructure hubs, including the Radio Hill and Whim Creek facilities.
Despite a sharp one-day share drop of 11.77%, which took GRE stock to A$0.06, the companyâs latest results may yet reignite investor interest. The market cap remains modest at $6.7 millionâan opportunity, perhaps, for speculative investors betting on copperâs long-term role in electrification.
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