GreenTech Metals Resumes Stage Two Drilling at Western Australia Project; Shares Down 4%

MT Newswires Live
01/15

GreenTech Metals (ASX:GRE) resumed its stage two diamond core drill program at the Whundo project in Western Australia after a brief hiatus over the Christmas and New Year holidays, according to a Wednesday filing with the Australian bourse.

Contractor Topdrill returned to the site, focusing on down-plunge conductors linked to mineralized shoots at Austin, Shelby, Yannery, and Ayshia targets, the filing said.

The company also completed the second tranche of a AU$2.3 million placement to support the planned drilling in addition to the AU$1 million drill-for-equity agreement with Topdrill and a government grant of up to AU$140,000, per the filing.

Shares fell past 4% in afternoon trade Wednesday.

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