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Greentech Metals Ltd. ( (AU:GRE) ) has issued an update.
GreenTech Metals Ltd. has announced significant gold assays at its Whundo Project, which could enhance the project’s economic viability. The company is reviewing the project’s resources to incorporate gold assays, driven by the recent surge in gold prices. This development could lead to near-term production, with the company engaging a mining consultancy to explore viable mining and processing scenarios. The increase in gold prices has made gold a substantial contributor to the project’s potential production economics, alongside copper mineralization.
More about Greentech Metals Ltd.
GreenTech Metals Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with copper, gold, and zinc, with a significant market focus on enhancing the economic potential of its projects, such as the Whundo Project.
Average Trading Volume: 300,999
Technical Sentiment Signal: Sell
Current Market Cap: A$4.82M
Learn more about GRE stock on TipRanks’ Stock Analysis page.