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Greenwing Resources Ltd (ASX:GW1)

ALERT: Price-sensitive ASX Announcement for GW1
Current share price for GW1 : $0.082 0.043 (110.26%)+
Announcement
Release
25 Mar 2026 10:06AM
Price at Release
$0.039
Full Release
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Summary
Greenwing Resources Ltd has commenced a Pre-Feasibility Study (PFS) for its Que River Project in Tasmania. The study aims to refine the project's scale, economics, and development pathway following previous scoping studies, which indicated significant potential for both mining and data infrastructure opportunities. The PFS will focus on redeveloping existing open pits for mining gold, copper, silver, zinc, and lead, as well as evaluating the site's potential for data infrastructure development, leveraging existing infrastructure and Tasmania's renewable energy resources. Greenwing's strategy is a two-stage approach, beginning with mining and followed by data infrastructure, to unlock broader value from Que River.
Key Points
  • Greenwing Resources Ltd is conducting a Pre-Feasibility Study at Que River.
  • The study builds on previous scoping work indicating economic potential.
  • Focus is on mining gold, copper, silver, zinc, and lead from open pits.
  • A longer-term opportunity for data infrastructure is also being evaluated.
  • Existing infrastructure supports potential for both mining and data projects.
  • Que River benefits from Tasmania's renewable energy and secure location.
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.