GreenX Metals Limited (AU:GRX) has released an update.
GreenX Metals Limited has renegotiated terms to acquire full ownership of the Eleonore North gold project in Greenland, with revised terms allowing the company to manage the project and defer payments through exploration shares or cash. The company has completed a seismic survey revealing promising gold prospects and is planning further collaboration with the Geological Survey of Denmark and Greenland to enhance geological mapping of the area. The Eleonore North project is potentially a significant ‘reduced intrusion-related gold system’ (RIRGS) with identified gold mineralization at the Noa Pluton prospect.
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