| Announcement Date: | 2022-05-11 |
|---|---|
| Announcement Type: | Deposit Estimation |
| Announcement Code: | JORC |
| Company name: | GreenTech Metals Ltd. |
| Project name: | Whundo |
| Location: | Australia |
| Commodities: | Copper,Zinc |
| Highlight: | Updated Resource Estimate for Project |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | GreenTech Metals Limited (ASX: GRE), (‘GreenTech’ or ‘the Company’) is pleased to announce its maiden JORC 2012 Inferred Mineral Resource Estimate for the Ayshia deposit, one of several copper-zinc prospects which comprise the Whundo Copper Project located south of Karratha industrial hub in the Pilbara, Western Australia. The Ayshia deposit is estimated to contain an Inferred Mineral Resource (JORC 2012) of 0.92 Mt @ 1.3% Cu, 2.3% Zn, 0.1% Pb, 0.2 g/t Au, 12g/t Ag, (using a 0.5% CuEq lower cut-off). This resource is based on historic drill results reported by Fox Resources Ltd in 2018 and which are of sufficient quality and QA/QC standard to have enabled a reclassification of the resource to be compliant with JORC 2012. The updated Mineral Resource Estimate (Table 2) was prepared by Independent Resource Consultant Phil Jones. Additional drilling including twin holes is required to enable this resource to be upgraded to an ‘Indicated Resource’ JORC 2012 status. The Mineral Resource Estimate for Whundo is in the ‘Indicated Resource’ category of JORC 2012, details of which are in |
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