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GreenTech Metals Limited (ASX:GRE)

ALERT: Price-sensitive ASX Announcement for GRE
Current share price for GRE : $0.061 -0.003 (-4.69%)+
Announcement
Release
28 Jul 2026 9:12AM
Price at Release
$0.064
Full Release
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Summary
GreenTech Metals Limited reported significant progress in their quarterly activities for the period ending 30 June 2026, focusing on the Munni Munni PGE-Cu-Ni Project and Whundo Cu-Zn-Au Project in Western Australia. The company identified a large copper anomaly and commenced a Fixed-Loop Electromagnetic survey to explore potential massive sulphide accumulations. With the completion of a $7.5 million placement, GreenTech is well-funded to continue exploration activities. The company also highlighted ongoing resource re-estimation and metallurgical testwork at Munni Munni. Appointments of key personnel, including a Chief Geologist and a Technical and Product Marketing Advisor, aim to enhance their project development capabilities.
Key Points
  • Phase 1 Munni Munni drilling demonstrated new PGE-Cu-Ni zones.
  • Significant copper potential identified at Munni Munni.
  • Resource re-estimation and metallurgical testwork prioritise copper domains.
  • Received $7.5 million from a successful two-tranche placement.
  • Appointments of Heida Mani and Rachel Backus enhance technical capabilities.
  • Fixed-Loop Electromagnetic survey to explore sulphide accumulations.
  • Focus on producing a primary copper-PGE concentrate.
  • New drilling results support high-grade mineralisation focus.
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.