New High Priority Targets Identified at Eleonore North
| Stock | Greenx Metals Ltd (GRX.ASX) |
|---|---|
| Release Time | 14 May 2026, 8:21 a.m. |
| Price Sensitive | Yes |
New High Priority Targets Identified at Eleonore North
- New tungsten and antimony targets identified at the Margeries Prospects in East Greenland
- Multiple walk-up surface anomalies identified along strike and adjacent to existing high-grade historical estimates
- Targets generated by applying modern processing techniques to a heritage airborne hyperspectral dataset
GreenX Metals Limited has announced that the reprocessing of a historical airborne hyperspectral survey has identified multiple new high-priority tungsten, antimony, and gold targets at the Eleonore North Project in East Greenland. The new targets sit along strike and adjacent to the existing high-grade tungsten and antimony historical estimates identified at North and South Margeries, providing the company with potential walk-up surface targets to test during the planned 2026 field season. The prospectivity analysis identified surface anomalies that share spectral patterns observed at the known historical estimate occurrences. At North Margeries, a 2 km-long prospectivity anomaly sits 3 km west of the historical estimate and adjacent to a large east-west fault structure. At South Margeries, multiple prospectivity anomalies surround the historical estimate and likely sit in faults that do not appear in the geological maps. The 2026 fieldwork will test the new targets and collect bulk samples at North and South Margeries for tungsten and antimony metallurgical sighter test work. The Noa Pluton and other gold targets across Eleonore North will also be evaluated through field mapping and sampling.
The aim of the 2026 fieldwork is to confirm drill-ready targets at both North and South Margeries and Noa Pluton.