GreenTech Metals Reports Rock Chips Up to 5.04 g/t Gold Along 28km Trend
GreenTech Metals has identified promising high-grade gold potential north of its Whundo project at the Ruth Well Project, revealing assays up to 5.04 g/t gold aligned with a major regional gold trend.
- High-grade gold rock chip samples up to 5.04 g/t confirmed
- Gold trend extends 28km, including the 374koz Carlow Castle deposit
- Ruth Well Project located near Karratha and Whundo copper-gold-zinc deposit
- Gold mineralisation linked to a fertile regional structural zone
- Plans underway for detailed mapping, sampling, and initial drilling
New Gold Potential Emerges at Ruth Well
GreenTech Metals Ltd (ASX – GRE) has announced the identification of significant new gold potential at its Ruth Well Project, situated approximately 15km south of Karratha in Western Australia. This discovery follows a systematic review of historic and recent soil and rock chip samples, which highlighted anomalous gold, silver, and arsenic trends indicative of prospective mineralisation.
Among the standout results are high-grade rock chip assays, with gold concentrations reaching as high as 5.04 grams per tonne. These samples confirm that the gold anomalies detected in soil surveys are indeed associated with substantial gold mineralisation at surface, reinforcing the prospectivity of the area.
Alignment with a Major Regional Gold Trend
The gold mineralisation at Ruth Well aligns with a well-known regional structural corridor that hosts multiple gold occurrences and deposits, including the nearby Carlow Castle gold deposit, which boasts a reported resource of 374,000 ounces of gold. This structural zone extends over a strike length of approximately 28 kilometres, underscoring the potential scale of the mineralised system.
GreenTech’s Executive Director, Tom Reddicliffe, emphasised the significance of these findings, noting the consistency of high-grade samples along strike and the strong pathfinder element associations. He highlighted that the Ruth Well-Carlow gold trend is highly prospective for orogenic-style gold deposits, a type known for economic viability.
Strategic Location and Exploration Synergies
The Ruth Well Project is strategically located just 25km north of GreenTech’s Whundo copper-gold-zinc deposit, allowing the company to leverage regional geological knowledge and exploration infrastructure. The proximity to Karratha, a major mining and industrial hub, further enhances the logistical advantages for potential development.
Importantly, the discovery at Ruth Well complements recent indications of gold potential at Whundo, suggesting a broader regional gold system that GreenTech is well-positioned to explore aggressively.
Next Steps in Exploration
With well-defined gold soil anomalies and encouraging rock chip results, GreenTech plans to undertake focused follow-up work including detailed mapping, additional sampling, and heritage surveys to clear access for exploration. The company anticipates initiating initial drill testing in the coming quarters to better understand the extent and grade continuity of the mineralisation.
This methodical approach aims to unlock the inherent gold value across the Ruth Well tenements and could pave the way for a significant new gold discovery in the Pilbara region.
Bottom Line?
GreenTech’s Ruth Well discovery sets the stage for a potentially transformative gold exploration campaign in a proven mineralised corridor.
Questions in the middle?
- What will initial drilling reveal about the depth and continuity of the gold mineralisation?
- How might GreenTech’s joint venture with Artemis Resources influence exploration progress?
- Could the Ruth Well-Carlow trend rival other major Pilbara gold systems like the Mallina Shear?
