Drilling outcomes reveal high-grade copper prospects
Preliminary drilling at Greentech Metals’ Whundo copper-zinc project located in Western Australia has produced encouraging findings, showcasing the potential for high-grade copper mineralization. The reverse circulation (RC) drilling effort, executed in July, included five holes totaling 1,710 meters across significant targets such as Austin, Ayshia, Shelby, Yannery, and Whundo.
Assay results from the campaign have indicated copper grades peaking at 3.1%, bolstering the project’s prospects for considerable resource growth. These outcomes are especially positive considering the depth of the drilling, which aimed at regions below the established mineralized shoots. The indication of such high-grade copper at these depths implies that the mineralization may reach farther than was previously believed.
With copper prices staying robust and the metal’s demand anticipated to rise due to its essential role in the global energy shift, these findings place Greentech Metals in a strong market position. Investors will be keenly observing the company’s subsequent moves as it pursues further exploration and resource assessment at Whundo.
Attention shifts to resource growth at Whundo
In light of the positive assay findings, Greentech Metals is now redirecting its efforts towards enlarging the resource inventory at Whundo. The company is emphasizing further exploration to clarify the scope of the mineralization, particularly beneath the known shoots where recent drilling has revealed substantial potential. The presence of high-grade copper intercepts, along with the favorable geological context, indicates there is significant upside for resource expansion.
Greentech’s approach will probably incorporate a mixture of infill and step-out drilling to more accurately define the continuity and magnitude of the mineralization. The company is anticipated to target deeper areas where the latest assays have identified the highest copper grades, as well as lateral extensions of the current mineralized zones. This strategy may result in a meaningful increase in the total resource estimate, thereby improving the project’s economic potential.
With copper prices remaining elevated, propelled by strong demand from the renewable energy and electric vehicle industries, the timing of this resource expansion initiative is particularly advantageous. Investors will be eager to observe how swiftly Greentech can turn these favorable drill results into a larger, more defined resource base, which could significantly enhance the project’s valuation and draw further market interest.
