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GreenTech Metals Limited (ASX:GRE)

ALERT: Price-sensitive ASX Announcement for GRE
Current share price for GRE : $0.060 0.02 (50%)+
Announcement
Release
25 Jun 2025 8:23AM
Price at Release
$0.040
Full Release
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Summary
GreenTech Metals Limited (GRE) has announced the definition of a significant Exploration Target at its Whundo copper-zinc project, highlighting the large-scale potential of the deposit. The Exploration Target, based on extensive drilling and geological data, encompasses a substantial tonnage and grade of copper and zinc, underscoring the project's potential to become a major source of these critical minerals. The document details the methodology behind the Exploration Target estimate, the geological context, and ongoing exploration activities, emphasizing the strategic importance of Whundo within GRE’s portfolio and its alignment with the company’s focus on renewable energy metals. Additionally, GRE outlines its commitment to progressing resource development and exploration, with the aim of delivering further value through systematic drilling, resource upgrades, and metallurgical studies.
Key Points
  • GRE defined a substantial Exploration Target at the Whundo copper-zinc project.
  • The Exploration Target is based on comprehensive drilling, mapping, and geological modelling.
  • Estimated tonnage and grades indicate significant copper and zinc resources.
  • The announcement positions Whundo as a potential large-scale base metals project.
  • Ongoing and planned drilling aims to expand resources and confirm mineralization continuity.
  • Whundo is strategically important for GRE’s renewable energy metals portfolio.
  • The company is advancing systematic exploration, resource upgrades, and metallurgical studies.
  • The Exploration Target estimation adheres to JORC Code 2012 guidelines.
  • GRE emphasizes responsible exploration and alignment with clean energy and technology metals demand.
  • The announcement underlines GRE’s commitment to deliver value through continued exploration and development at Whundo.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.