GreenX Metals Ltd
GreenX Metals Limited is focused on the exploration of Tannenberg Copper Project and the Arctic Rift Copper (ARC) Project.
The business
GreenX Metals Limited is focused on the exploration of Tannenberg Copper Project and the Arctic Rift Copper (ARC) Project. The Tannenberg Copper Project is a copper brownfield exploration project which is highly prospective for sediment-hosted (Kupferschiefer type) copper deposits. It holds an over 90% interest in the Tannenberg exploration license, which covers over 1900 square kilometers in the state of Hesse in central Germany, encompassing the Richelsdorf copper-silver mines. The ARC project is the copper-silver bearing Discovery Zone, located at the northern end of Neergaard Dal. The Discovery Zone comprises three parallel breccia faults trending northwest-southeast. Mineralization is expressed in two main forms, within which there are two sub-forms: Breccia bound, and Stratiform. In Breccia bound, mineralization occurs in thin quartz. In Stratiform, mineralization occurs immediately adjacent to the faults. Its Eleonore North project in Greenland is located in Eastern Greenland.
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Latest news
GreenX Metals Defines Large Copper-Silver Exploration Target at Tannenberg
GreenX Metals defines a large Tannenberg copper-silver target (144–279 Mt at 0.9–1.4% Cu; 15–21 g/t Ag), launching its field exploration push.
GreenX Metals Acquires 90% Interest in Tannenberg Copper Project
GreenX Metals (ASX: GRX) has completed its 90% acquisition of Group 11 Exploration, holder of the exploration licences for the Tannenberg copper project in Germany.
GreenX Metals Confirms Deep Copper Source Beneath Historical Tannenberg Mines in Germany
GreenX Metals (ASX: GRX) has identified the likely deep source of copper mineralisation below Germany’s historic Richelsdorf district. An airborne magnetic and radiometric survey has confirmed the presence of the Mid-European Crystalline Zone (MECZ), a major geological structure that is widely considered the source of metals for the Kupferschiefer deposits, which together form one of […]
Weekly wrap: gold shines amid growth fears
Gold shone brightly as fears of weaker than expected growth sent the share market down on Friday. Following on from a weaker lead from the US market and some higher-than-expected US consumer inflation data for September, the Australian share market meekly followed and lost ground. The ASX 200 Index fell 0.1% or 8.5 points, to […]
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