GreenTech Metals Limited (ASX:GRE) Announces Successful Drilling at Whundo Copper Project
Drill Program Completion
GreenTech Metals Limited (ASX:GRE) has completed two diamond core drill holes totaling 1,187m at the Whundo Copper project. The drilling tested deep DHEM conductor plates at both Shelby and Austin mineralised shoots.
Sulphide Intersections
Massive to semi-massive sulphides with widths of 10m and 7.23m were intersected at Shelby and Austin, respectively. The sulphides comprised chalcopyrite, sphalerite, pyrrhotite, and pyrite. Pending assay results will determine the Cu-Zn grades of these intersections.
Future Drilling Plans
Drilling has confirmed the down plunge continuation of Cu-Zn mineralisation at both Shelby and Austin, maintaining thickness. Samples have been dispatched to Perth for analysis, and the drill holes are being prepared for follow-up DHEM surveys. Further drilling will focus on deeper prospects at Austin, Shelby, Yannery, and Ayshia to explore additional resource potential.
Executive Comments
Executive Director Tom Reddicliffe stated, “We are pleased with the visual confirmation of massive to semi-massive sulphides associated with conductor targets tested at both Shelby and Austin. These visual results confirm that these two mineralised shoots are continuing down plunge and present a great opportunity to expand the Whundo project resources. This program is validation of our conceptual model around the potential scale of the Whundo project based on the plunging mineralised Cu-Zn shoots. We will continue to explore the deeper reaches of the Austin, Shelby, Yannery and Ayshia VMS deposits which represent great potential to significantly expand the project resources based on the size of their associated geophysical signatures and the results of drilling. With samples already in the lab we are looking forward to receiving the assay results from the current drilling. Based on the assay results and DHEM surveys further drilling at Shelby and Austin may be included as part of the stage 2 drill program.”
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