GCX Metals Confirms 172m Continuous PGM–Cu–Ni Zone at Dante Project

GCX Metals Limited ( (AU:TM1) ) just unveiled an announcement.

GCX Metals has confirmed that two previously separate drill intercepts at the Southwest prospect within its Dante Project form a single continuous 172.4 metre PGM–Cu–Ni mineralised zone, which remains open along strike and at depth. The infill sampling, supported by new diamond drilling at the SW5 and SW1 discovery zones, significantly increases the recognised thickness and continuity of the system, suggesting an emerging large-scale, high-grade platinum group metals, copper and nickel discovery with substantial growth potential.

Management interprets the latest drill hole geometry to indicate even thicker, higher-grade mineralisation plunging below current drilling, particularly beneath SW1, where consistent nickel grades and fresh intercepts in SWDD003 and SWDD004 support the view of a robust feeder-style system. The confirmation of high-grade intervals, including bonanza PGE hits within the broader zone, underpins GCX Metals’ exploration strategy and could enhance the project’s strategic value in the PGM and battery metals space if future drilling validates the depth and scale extensions indicated by these results.

The most recent analyst rating on (AU:TM1) stock is a Buy with a A$0.19 price target. To see the full list of analyst forecasts on GCX Metals Limited stock, see the AU:TM1 Stock Forecast page.

More about GCX Metals Limited

GCX Metals Limited is an Australian mineral exploration company focused on platinum group metals, copper and nickel. Its flagship Dante Project targets large-scale PGM–Cu–Ni sulphide systems, positioning the company within the battery and precious metals supply chain, with an emphasis on high-grade discoveries that can scale in both thickness and strike length.

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Technical Sentiment Signal: Buy

Current Market Cap: A$350.1M

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