GreenX Metals Limited (AU:GRX) has released an update.
GreenX Metals Limited is poised to acquire a 90% stake in the Tannenberg exploration project in central Germany, aiming to tap into the substantial copper and silver resources reminiscent of the historic Richelsdorf mines. The project area, which remains largely unexplored with modern techniques, shows promise with multiple drill intercepts indicating high-grade Kupferschiefer type copper and silver deposits. This move aligns with the EU’s strategic emphasis on securing local sources of critical raw materials like copper, potentially bolstering the region’s robust manufacturing sector.
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