GRE general discussion thred

Starting a new thread for general discussion.

1. Share price ran more than 150% in a day and Friday sell down was in some ways expected. If people remember, GAL had a 20% correction after the first run. IMHO GRE has more to run on the back of the recent announcement.

They have projects that are ready to mine with mine approvals.

2. Projects - they have some good quality assets with two projects with Mining Licenses (gold and copper) already in place. Mining experts know the time it takes to obtain mining licenses.





2.1 WHUNDO CU-ZN (Brownfield project with approval to mine). Processing facility close by.

The combined Whundo – Ayshia JORC 2012 compliant Inferred + Indicated Mineral Resource Estimate (MRE) now sits at 3.6 Mt @ 1.2% Cu,
1.4% Zn

The latest drill results are from a new zone that will likely double the resource estimate. Exceptional Copper hits with good width.

Broad, mineralised zones with variable high-grade intercepts reports to 5
of the drill holes assayed to date, with exceptional results including:
- 32m @ 2.43% Cu from 75m, including 17m @ 4.37% Cu and 0.46% Zn from 90m,
including 7m @ 7.83% Cu, 0.64% Zn and 0.26g/t Au from 95m in RC0051
- 62m @ 1.12% Cu, 1.36% Zn and 0.36g/t Au, including 19m @ 1.6% Cu, 2.27% Zn
and 0.51g/t Au from 21m in RC0071
- 45m @ 1.15% Cu and 2.6% Zn from 23m, including 12m @ 9.17% Zn, 2.34% Cu
and 0.62g/t Au from 52m in hole 22GTRC0081
- 8m @ 2.65% Cu, 0.64% Zn and 0.11g/t Au from 141m in hole 22GTRC017
- 10m @ 2.85% Cu and 0.96% Zn from 162m in hole 22GTRC023

Reported gold grades of up to 3.34g/t accompany the higher-grade copper zones and provide a valuable credit to Whundo ore

2.2 RUTH WELL NI-CU

The Ruth Well nickel–copper deposits were discovered by Whim Creek Consolidated in 1971. Mineralisation comprises violaritised pentlandite, pyrrhotite, gersdorffite, niccolite, chalcopyrite, and magnetite within serpentinised extrusive peridotite of the Ruth Well Formation. This association suggests that the deposits are of a similar type to the extrusive Kambalda nickel deposits of the eastern Yilgarn Craton. The mineralisation however probably lies within a tectonic slice of the Andover Intrusion that has been faulted into the Ruth Well Formation of the Roebourne Group on the northern side of the major, approximately 300 km long Sholl Shear Zone.

As a priority, GreenTech will systematically drill all the priority conductors identified in the FLTEM survey at the Ruth Well project and complete DHEM surveys on all holes to search for potential off-hole conductors. Based on drill success and the ongoing review of Artemis’ geophysical surveys, additional deeper searching FLTEM will be utilised over the larger project area where GSEM has previously identified numerous other targets and trends.




2.3 Other projects - you can read about other projects on the company website

3. Management - a great team of mining experts.

4. Cash - > $3m