GreenX Metals (ASX:GRX) found high-grade antimony mineralization based on historical drill results at the Eleonore North project in Greenland, according to a Wednesday filing with the Australian bourse.
Samples released by the Geological Survey of Denmark and Greenland identified up to 23% antimony in individual samples, the filing said.
The filing added that antimony has now been validated across a four-kilometer trend aligned with a previously identified 15-kilometer strike of gold veins.
The company's shares gained nearly 1% in recent Wednesday trade.
Price (AUD): $0.63, Change: $+0.0050, Percent Change: +0.80%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments