en.Wedoany.com Reported - GreenTech Metals has made progress with its first-phase drilling at the Munni Munni Project in Western Australia, discovering a thicker platinum group element (PGE) mineralization zone at Ferguson Reef and identifying previously overlooked shallow copper-nickel mineralization zones. The drilling validated historical data through twin holes and core resampling, returning the highest PGE3 (platinum, palladium, and gold) grades ever recorded at Ferguson Reef. Results include a 12-meter intercept at 90 meters downhole grading 3.13g/t PGE3 (including a 2-meter section at 8.37g/t). Twin hole verification returned a best intercept of 11 meters grading 1.88g/t PGE3 starting from 526 meters. Resampling of 16 historical drill holes also yielded high-grade intercepts. All data will be used for a resource re-estimation to bring it into compliance with the JORC 2012 standard and to include rhodium, copper, and nickel.

Chief Executive Officer James Rattenbury stated: "These results highlight Munni Munni's potential to deliver shallow, high-grade platinum-palladium-rhodium-gold mineralization as well as broader copper-nickel sulphide mineralization." He added: "With all planned holes intersecting mineralization, and new drill holes intercepting the highest grades ever seen at Munni Munni, we are increasingly confident that its true potential has yet to be fully recognized." The first-phase drilling program comprises 20 holes totaling 6,000 meters, designed to verify the historical resource. The company has engaged resource consultant Snowden Optiro for QA/QC verification. Both new and historical assay results indicate the presence of copper-nickel mineralization outside the PGE mineralization zone, potentially suitable for large-scale open-pit mining. The re-estimated resource is expected to be released in June 2026, with future exploration targeting infill and extension drilling in areas of potential thickening at Ferguson Reef.

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