GreenTech Accelerates Munni Munni Drilling as It Moves to Finalise Majority Acquisition

The latest update is out from Greentech Metals Ltd. ( (AU:GRE) ).

GreenTech Metals has accelerated its Phase 1 drilling campaign at the Munni Munni PGE-Cu-Ni project in Western Australia by mobilising a second drill rig to undertake the reverse circulation component of the program. The up-to-6,000-metre drill program, comprising around 20 RC and diamond holes, is designed to verify and potentially expand the historical resource to modern JORC (2012) standards, test extensions beyond the existing mineralised envelope, and generate material for metallurgical test work. With shareholder approval now secured for the acquisition of a 70% stake in Munni Munni, with scope to increase to 80%, and A$5.2 million raised in December 2025 to fund acquisition and exploration, the company aims to consolidate Munni Munni with Whundo into a district-scale, multi-commodity hub in the West Pilbara, leveraging strong global demand and improving prices for PGEs to enhance its resource base and future development options.

The most recent analyst rating on (AU:GRE) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Greentech Metals Ltd. stock, see the AU:GRE Stock Forecast page.

More about Greentech Metals Ltd.

GreenTech Metals Limited is an Australian exploration company focused on battery and critical metals, with key projects in Western Australia’s Pilbara region. Its portfolio includes the advanced Whundo copper-gold project and, more recently, a majority interest in the Munni Munni palladium-platinum group elements (PGE), copper and nickel project, positioning the company in the district-scale, multi-commodity development space.

Average Trading Volume: 908,208

Technical Sentiment Signal: Buy

Current Market Cap: A$25.46M

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