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GreenTech Metals Hits Thick High-Grade PGE-Cu-Ni Zones at Munni Munni

Story Highlights
  • GreenTech’s Phase 1 Munni Munni drilling uncovered thicker, high-grade PGE-Cu-Ni zones, including record Ferguson Reef grades.
  • New results validate historic drilling, support JORC 2012 resource re-estimation and open bulk mining potential at Munni Munni.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GreenTech Metals Hits Thick High-Grade PGE-Cu-Ni Zones at Munni Munni

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An announcement from Greentech Metals Ltd. ( (AU:GRE) ) is now available.

GreenTech Metals has reported Phase 1 drilling and core resampling results from its Munni Munni project that reveal new, thicker zones of platinum, palladium, rhodium, gold, copper and nickel mineralisation, including some of the highest PGE grades yet encountered at the Ferguson Reef. All drill holes intersected significant mineralisation, including shallow Cu-Ni zones previously overlooked, prompting the company to consider bulk mining potential and to use the new assays to validate historic drilling and re-estimate the Munni Munni resource under JORC 2012 with an updated, broader commodity and cut-off approach.

More about Greentech Metals Ltd.

GreenTech Metals Ltd is an ASX-listed exploration company focused on platinum group elements, copper and nickel, with a key project at the Munni Munni intrusion in Western Australia. The company aims to define economically viable, shallow high-grade PGE-Cu-Ni resources and is reassessing historic data to upgrade its resource estimates under modern reporting standards.

Average Trading Volume: 765,295

Technical Sentiment Signal: Sell

Current Market Cap: A$22.51M

For detailed information about GRE stock, go to TipRanks’ Stock Analysis page.

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