Greenwing launches Que River pre-feasibility study and two-stage growth plan

Greenwing Resources Ltd ( (AU:GW1) ) has shared an announcement.

Greenwing Resources has launched a Pre-Feasibility Study at its Que River polymetallic project in Tasmania to refine the scale, economics and development pathway for a potential restart of mining. The work will build on earlier scoping studies and an updated mineral resource estimate, aiming to clarify mine design, processing options, costs, approvals and environmental and rehabilitation parameters.

The company is pursuing a two-stage strategy that first targets low-capex open pit mining of about 660,000 tonnes of gold, copper, silver, zinc and lead-bearing material using third-party processing, then evaluates longer-term data infrastructure opportunities on site. Previous analysis indicated a roughly 40% uplift in net smelter return and conceptual cash flows to about A$100 million, and Greenwing is also advancing lease renewal, rehabilitation planning, stakeholder engagement and potential strategic partnerships to unlock broader value from Que River.

The most recent analyst rating on (AU:GW1) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Greenwing Resources Ltd stock, see the AU:GW1 Stock Forecast page.

More about Greenwing Resources Ltd

Greenwing Resources Ltd is an ASX-listed resources company focused on developing its 100%-owned Que River polymetallic project in Tasmania. The project targets open pit extraction of gold, copper, silver, zinc and lead, and benefits from established site infrastructure, including power, water, road access and a remote, secure location suited to both mining and potential data infrastructure uses.

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Technical Sentiment Signal: Hold

Current Market Cap: A$18.48M

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