GCX Metals Hits Massive Sulfides in Key Southwest Drill Hole

GCX Metals Limited ( (AU:TM1) ) has shared an announcement.

GCX Metals has reported a major exploration milestone at its Southwest project, with the first 2026 diamond drill hole at the SW6 prospect intersecting multiple zones of massive and semi-massive sulfides based on visual logging. The intercepts occur within a 320-metre zone of disseminated to net-textured sulfides and sit near a previously modelled downhole EM conductor linked to earlier high-grade PGM, nickel and copper mineralisation.

The company says the result validates its geological model and confirms downhole EM as an effective tool to target concealed massive sulfide accumulations along the feeder pipe system. Pending assay results, expected within 8–12 weeks, will determine grade and economic significance, but the discovery strengthens GCX Metals’ confidence that it is vectoring into richer sulfide zones that could enhance the Southwest project’s resource potential and future development options.

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 a minerals exploration company focused on magmatic platinum group metals, copper and nickel sulfide systems. The company is advancing its Southwest project, where it is targeting high-grade PGM-Cu-Ni mineralisation associated with feeder pipe structures using downhole electromagnetic methods.

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