mining

Alien Metals says GreenTech drilling hit copper at Whundo project

GreenTech Metals reported new drilling results at its Whundo project in West Pilbara, Australia. Alien Metals holds about 10% of GreenTech's shares.

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what happened

Alien Metals Limited, listed on AIM of the London Stock Exchange, reported new diamond drilling results from its partner GreenTech Metals Limited at the Whundo copper-zinc-gold project in West Pilbara, Western Australia. Alien holds about 10% of GreenTech, or 37.9 million shares.

According to GreenTech, the Yannery zone returned 11.6 metres grading 0.9% copper and 1.2% zinc, outside the current Whundo resource. At Austin, a near-surface interval of 7 metres averaged 2.5% copper, while deeper intervals showed between 1.8% and 2.6% copper. GreenTech expects assays from eight more drill holes in November 2026.

Whundo currently hosts a JORC 2012 mineral resource of 6.2 million tonnes at 1.12% copper and 1.04% zinc.

why it matters

For broader markets this is a minor exploration update. The project belongs to GreenTech, and Alien's exposure runs through its shareholding, so the effect on wider copper markets is limited. The November assay results and possible resource model revisions will be the next points to watch.

market impact

Alien Metals: drilling results affect the value of its GreenTech stake; copper market largely unaffected

tags

instruments

Alien Metals (AIM: UFO)GreenTech Metalscopper

sources

  1. REG - Alien Metals Limited - GreenTech drilling intersects copper near Whundo — Reuters, 20 October 2026 at 09:29 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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