GreenTech Metals (ASX: GRE) has completed the first stage of the follow-up drill programme at the Whundo Cu-Zn project in Western Australia.
This initial campaign targeted the Cu-Zn prospects at Austin, Shelby and Ayshia, with a total of 1,743m drilled.
Follow-up downhole electromagnetic (DHEM) surveys were completed on the three holes that were drilled to target depth. Two holes which attempted to target Shelby were terminated before reaching target depth due to severe deviation of the holes. The results of the DHEM surveys will assist in the planning of further follow-up drill holes and which will likely include an increase in the metres to be drilled for the overall programme.
“We are pleased that we have safely and successfully completed the initial stage of our planned staged drill programme,” Executive Director, Tom Reddicliffe, said.
“This programme aims to methodically explore the deeper reaches of the Austin, Shelby and Ayshia VMS deposits which represent great potential to significantly expand the project resources based on the size of their associated geophysical signatures and the results of previous drilling. We look forward to the results of the follow-up DHEM surveys which have also been completed and the drill sample assays. Based on these results a second stage of drilling will be planned and implemented.”
The second stage of the drill programme will continue to target the under-explored mineralised prospects at Austin, Shelby, Yannery and Ayshia once the new drill sample and DHEM survey data has been incorporated into the individual deposit models.
The aim of the programme, initially guided by a project review completed in early-May which identified the potential for significant expansion of the existing Whundo/Ayshia Mineral Resource, remains unchanged and is focused on identifying and where possible quantifying new resources.
The identified targets present potential to significantly increase existing Cu-Zn resources of 6.19Mt @ 1.12% Cu, 1.04% Zn.
