Greenwing Resources Ltd ( (AU:GW1) ) has issued an update.
Greenwing Resources Ltd has announced an updated mineral resource estimate for its Que River Project in Tasmania, highlighting a total resource of 2.4 million tonnes with significant zinc, lead, copper, gold, and silver content. The reassessment of the project, which was previously mined for high-grade base metals, underscores its potential for redevelopment due to rising global metal prices and advancements in extraction technologies. The project is strategically positioned with secure tenure, proximity to infrastructure, and substantial exploration potential, offering a strong opportunity to enhance stakeholder value.
More about Greenwing Resources Ltd
Greenwing Resources Ltd is a company involved in the mining industry, focusing on the extraction and development of critical mineral assets. The company has a diversified portfolio that includes the Que River polymetallic mineral project in Tasmania, the Graphmada graphite operation in Madagascar, and the San Jorge Lithium Project in Argentina.
YTD Price Performance: 60.0%
Average Trading Volume: 1,000
Technical Sentiment Signal: Strong Buy
Current Market Cap: $4.69M
Find detailed analytics on GW1 stock on TipRanks’ Stock Analysis page.