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GreenX Metals ( (AU:GRX) ) just unveiled an announcement.
GreenX Metals has identified new high-priority tungsten, antimony and gold targets at its Eleonore North project in East Greenland after reprocessing historical airborne hyperspectral data. The new surface anomalies lie along strike and adjacent to existing high-grade historical estimates at the North and South Margeries prospects, including a 2km-long anomaly near a major fault, creating multiple walk-up targets for the coming field season.
The company plans 2026 fieldwork starting in July to test these targets, collect bulk samples for metallurgical sighter test work at North and South Margeries, and refine drill-ready targets at both Margeries and the Noa Pluton gold-tungsten-antimony prospect. GreenX has also relinquished part of licence MEL 2023-39, cutting the tenement area to 494km2 and lowering minimum annual exploration obligations, which refocuses spending on the most prospective ground while advancing critical minerals exploration in Greenland.
More about GreenX Metals
GreenX Metals is an exploration company listed in Australia, London and Germany that is focused on advancing mineral projects in East Greenland. The company is targeting critical raw materials such as tungsten and antimony, as well as gold, aiming to develop resources in a stable Western jurisdiction where supply diversity is strategically important.
Learn more about GRX stock on TipRanks’ Stock Analysis page.