With world copper prices remaining close to all-time highs, GreenTech Metals believes it now has a “significant exploration opportunity” after an exhaustive review at its Whundo project in Western Australia’s Pilbara region.
The review of geophysics and drilling highlighted four significant volcanogenic massive sulphide (VMS) copper-zinc targets within a 2.2km-long zone and reveals considerable scope for resource extensions to the north-east of the 5.3 million-tonne Whundo copper-zinc deposit. The copper price hit a record $US11,060 (AU$16,816) per tonne in March 2022 and was this week still more than US$10,000 (AU$15,204) a tonne.
The project lies within a 100km radius of other potential base metals (nickel-copper-zinc) resources, including Anax Metals’ Whim Creek operation. Interestingly, Anax has this week recorded more than an 85 per cent share price hike after recently confirming it was joining with Perth-based clean…
