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GREENTECH METALS LIMITED Capital/Financing Update 2022

Sep 25, 2022

65012_rns_2022-09-25_06df9a43-ac21-48e8-bc3a-2efa03648dac.pdf

Capital/Financing Update

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26 September 2022

NEW TARGETS AT WHUNDO, FINAL AYSHIA ASSAYS RECEIVED AND AUSTIN AND SHELBY PLANS PROGRESS

Highlights:

  • Additional targets for testing at Whundo Project highlighted from analysis of datasets

  • A large 44ha EM conductive footprint defines the mineralised area in which the ‘Whundo’, ‘Austin’, ‘Shelby’ and ‘Yannery’ Cu-Zn VMS deposits and associated targets occur.

  • The known copper-zinc deposits are variably associated with EM, magnetic and gravity responses

  • ‘Whundo’ (east and west lobes) have associated magnetic anomalies, a further 2 similar anomalies to be tested

  • A coincident discrete gravity/magnetic target 350m north of the Whundo pits may represent mineralisation and will be tested

  • Previously reported ‘Austin’ DHEM Conductor target to be drill tested

  • ‘Shelby’, a deep conductor anomaly with coincident gravity and magnetic responses to be drill tested.

  • Recent drilling proximal to ‘Ayshia’ resource (0.92 Mt @ 1.3% Cu, 2.3% Zn – refer to GreenTech press release dated 11 May 2022) has shown ‘Ayshia’ to be enveloped by a broader mineralised envelope as is also seen at ‘Whundo’

  • Ground gravity survey was completed over the area that hosts the Whundo, Austin, Shelby and Yannery cluster of Cu-Zn VMS (volcanogenic massive sulphide) deposits and targets

  • The combined JORC Compliant Indicated and Inferred Resource for the Whundo-Ayshia VMS deposits are 3.6Mt @ 1.2%Cu and 1.4% Zn

GreenTech Metals Ltd (ASX: GRE), (‘ GreenTech ’ or 'the Company ') is pleased to report that final assay results from reverse circulation (RC) drilling completed earlier this year at the Ayshia deposit, part of the Company’s 100%-owned Whundo Copper-Zinc Project in the West Pilbara region of Western Australia, have been received and reviewed. These are the last assays that were awaited from a broader RC program completed across the Whundo and Ayshia deposits.

BOARD & MANAGEMENT

CONTACT US

Mark Potter Guy Robertson Dan Smith ASX: GRE Non-executive Chairman Non-executive Director Company Secretary Thomas Reddicliffe Rod Webster Executive Director Non-executive Director

[email protected] greentechmetals.com.au

ASX:GRE

The Company is also well advanced with forward exploration plans for the testing of the large conductor target identified at Austin, the deep copper target at Shelby and newly identified targets in the vicinity of the Whundo Mine area.

Thomas Reddicliffe, GreenTech Executive Director, commented:

" We are pleased that all of our assay and DHEM results have been received and we are now looking forward to finalising and implementing our follow-up drill program for Whundo, and in particular drill testing the new targets at Whundo and including the high priority Austin conductor target, which is located down dip of the Whundo deposit s and could represent a significant extension of the mineralised system. We are also excited that our efforts in remodelling both new and historic data sets are providing new insights into the potential of this large Cu-Zn VMS system ”.

Whundo Mine Area

Integration of historic and new geophysical datasets with the results from the Company’s 4,974m Whundo-Ayshia drill program and including historic drilling data highlights new targets for testing at Whundo Project. The known copper-zinc deposits at Whundo, Yannery, Shelby and Ayshia have strong magnetic and conductive signatures.

The Whundo deposits (east and west lobes) are spatially associated with a cluster of 3 adjoining magnetic anomalies which is compelling evidence of the general association of mineralisation with high magnetic susceptibility. Of particular exploration significance is a further 2 similar adjoining anomalies that have not been adequately drill tested. These will be tested as part of the planned upcoming drill program.

Austin Anomaly

A newly identified high priority target comprising a large, highly conductive (10,000+ siemens) “off-hole” EM response identified from DHEM (downhole EM) survey is planned to be drilled in the coming weeks. This target has not been previously tested by historic drilling but peripheral drill holes including 22GTRC024 have reported copper mineralisation at depths similar to the target, which is highly encouraging.

The target is plunging towards a large magnetic/gravity anomaly 60m to the north (350m north of the Whundo pits) and potentially represents a large, deeper extension of the higher grade Whundo mineralisation.

Shelby Anomaly

‘Shelby’ is a deep fixed loop EM anomaly that has coincident gravity and magnetic anomalies associated with it. The historic drill hole SHDD016 which tested the EM target reported 11.25m @ 1.6% Cu from 391.25m appears not to have tested the centre of the target as defined by gravity and magnetic survey data.

Exploratory drill holes will be used to undertake DHEM surveys aimed at potentially identifying massive sulphide targets.

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

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ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

ASX:GRE

Ayshia Assay Results

The final assay results from GreenTech’s maiden drill program at Ayshia have been received and comprised results for holes 22GTRC026 (0m - 252m), 22GTRC027 (0 – 276m), 22GTRC030 (0 – 174m), 22GTRC031 (0 – 234m) and 22GTRC032 (0 – 150m). These results are from five of the seven holes that were drilled. Holes 22GTRC028 and 22GTRC029 were abandoned due to drilling issues and were not sampled. Hole 22GTRC032 tested a weak geophysical target located 200m southwest of Ayshia but reported no mineralisation. The four holes that were successfully drilled at Ayshia tested deep conductor plates that were identified peripheral to the known mineralised body. All of these plates represented CuZn mineralisation associated with and marginal to the known mineralised body. These results, like those observed at Whundo, further demonstrate the extensive nature of the Cu-Zn mineralisation that envelopes the higher-grade Cu-Zn zones. Intersections included:

  • Hole 22GTRC027: 11m @ 0.5% Cu and 13m @ 0.6% Zn from 243m, including 2m @ 1.4% Cu from 244m and 2m @ 1.4% Zn from 246m

  • Hole 22GTRC026: 7m @ 0.31% Cu and 15m @ 0.57% Zn from 224m including 3m @ 1.4% Zn from 226m

  • Hole 22GTRC030: 27m @ 0.37% Zn from 116m, including 2m @ 1% Zn from 121m

  • Hole 22GTRC031: 13m @ 0.25% Cu from 152m and 1m @ 1.13% Zn from 189m

Ayshia DHEM Surveys

GreenTech completed its maiden drill program at Ayshia in early April 2022. While awaiting the final assay results from the program, DHEM surveys were conducted on four of the drill holes that had been deepened and cased for this purpose. Independent consultants Southern Geoscience supervised the survey work and interpreted the data.

Conductor anomalies were interpreted from DHEM survey data in the initial three of four surveyed drill holes (22GTRC026, 22GTRC027, 22GTRC030 and 22GTRC032). Holes 22GTRC026 and 22GTRC027, located in proximity to the known Ayshia mineralised body reported both a local “in-hole” response coincident with intersected mineralisation and a larger ‘off-hole’ response consistent with the main mineralised Ayshia body.

Hole 22GTRC030 did not report an “in-hole” response despite drill assays reporting 3m @ 0.15% Cu and 26m @ 0.36% Zn from 116m; however, there was an “off-hole” response reflective of the nearby Ayshia resource. There were no responses reported from hole 22GTRC032 located 200m southwest of Ayshia. Drill hole 22GTRC031 was not surveyed. Because of the increasing dominance of copper in the Ayshia resource with depth future exploratory work will focus on the down dip projection of the Ayshia resource.

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

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ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

ASX:GRE

Whundo Gravity Survey

A ground gravity survey comprising 1,017 stations representing an area of 2.25km[2] was completed over the area that hosts the Whundo, Austin, Shelby and Yannery volcanogenic massive sulphide (VMS) deposits and targets, to assist in the interpretation of the magnetic and FLEM datasets and the identification of drill targets. This interpretative work is ongoing.

==> picture [479 x 302] intentionally omitted <==

Figure 1. Plan Showing Cu-Zn Deposits over Magnetic Image

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000 ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

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==> picture [374 x 500] intentionally omitted <==

Figure 2. FLEM Survey Data showing Whundo-Shelby-Yannery VMS Potential

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000 ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

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==> picture [472 x 311] intentionally omitted <==

Figure 3. Austin EM Target relative to Whundo

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000 ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

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==> picture [469 x 548] intentionally omitted <==

Figure 4. Plan Showing Location Ayshia Drill Holes

This announcement is approved for release by the Board of Directors

ENDS

For Further Information:

Mr Thomas Reddicliffe Mr Dan Smith Executive Director Company Secretary +61 8 9486 4036 +61 8 9486 4036 [email protected]

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

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ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

ASX:GRE

Luke Forrestal GRA Partners +61 411 479 144 [email protected]

About GreenTech Metals Limited

The Company is an exploration and development company primarily established to discover, develop, and acquire Australian and overseas projects containing minerals and metals that are used in the battery storage and electric vehicle sectors. The Company’s founding projects are focused on the underexplored nickel, copper and cobalt in the West Pilbara and Fraser Range Provinces.

The green energy transition that is currently underway will require a substantial increase in the supply of these minerals and metals for the electrification of the global vehicle fleet and for the massive investment in the electrical grid, renewable energy infrastructure and storage.

Competent Person Statements

The information in this release that relates to Geophysical Results and Interpretations is based on information compiled by Russell Mortimer, Consultant Geophysicist at Southern Geoscience Consultants. Russell Mortimer is a Member of the Australasian Institute of Geoscientists (AIG) and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Russell Mortimer consents to the inclusion in the release of the matters based on this information in the form and context in which it appears.

Thomas Reddicliffe, BSc (Hons), MSc, a Director and Shareholder of the Company, is a Fellow of the AUSIMM, and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration to qualify as a Competent Person as defined in the 2012 edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Thomas Reddicliffe consents to the inclusion in the report of the information in the form and context in which it appears .

1The Company confirms that it is not aware of any new information or data that materially affects the Exploration Results or Mineral Resources included in the Prospectus lodged with ASIC on 9 November 2021 (and released by the ASX on 30 December 2021).

Appendix 1: DHEM Logging Specifications

Downhole electromagnetic (DHEM) surveys were completed at four drill holes across the Ayshia Project, Western Australia. SGC Niche Acquisition acquired data using a DigiAtlantis probe measuring the B-field. Downhole station intervals were varied according to geological intervals of interest. Specifications of transmitter loop sizes, locations and recording intervals are detailed below.

DHEM Parameters: Contractor: SGC Niche Acquisition Configuration: Down-hole EM (DHEM) Tx Loop size: 750x300m, single turn WH1 Transmitter: TTX2 Receiver: Smartem24 Sensor: DigiAtlantis Station spacings: 2m, 5m and 10 m Tx Freq: 1.0 Hz Duty cycle: 50% Current: ~30 Amp Stacks: 64 Readings: 2-3 repeatable readings per station

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

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ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

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Summary of SGC Interpretation of DHEM Survey Data

22GTRC026 DHEM Survey

DHTEM logging successfully completed 30-250m DH – loop AY1 (EOH 252m)

Survey shows a clear dominantly “off-hole” anomaly centred at ~225-230m down hole, upper shoulder apparent at ~160-170m DH – moderate strength – appears to have a local “in-hole” zone related to this “off-hole” response.

==> picture [479 x 518] intentionally omitted <==

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

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ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

ASX:GRE

22GTRC027 DHEM Survey

DHTEM logging successfully completed 50-275m DH – loop AY1 (EOH 276m)

Survey shows a clear dominantly “off-hole” anomaly centred at ~240-250m down hole, upper shoulder apparent at ~170-180m DH – moderate strength – appears to have a local “in-hole” zone related to this “off-hole” response.

==> picture [479 x 518] intentionally omitted <==

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

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ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

ASX:GRE

22GTRC030 DHEM Survey

DHTEM logging successfully completed 15-172m DH – loop AY1 (EOH 174m)

Survey shows a clear dominantly “off-hole” anomaly, source sub-parallel to hole centred between 50-95m DH – weak-moderate strength.

==> picture [479 x 518] intentionally omitted <==

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

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ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

ASX:GRE

22GTRC032 DHEM Survey

DHTEM logging successfully completed 35-150m DH – loop AY1 (EOH 150m)

No clear anomalism defined in the resultant DHTEM log.

==> picture [479 x 518] intentionally omitted <==

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

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ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

ASX:GRE

Table 1. RC Drill Hole Collars

Hole_ID Easting_m Northing_m Datum/Zone Total depth Dip Azimuth
22GTRC026 493371 7670400 GDA 94/50 252 -85 50
22GTRC027 493405 7670441 GDA 94/50 276 -85 150
22GTRC028 493392 7670323 GDA 94/50 6 -80 11
22GTRC029 493460 7670245 GDA 94/50 43 -66 330
22GTRC030 493460 7670245 GDA 94/50 174 -66 330
22GTRC031 493392 7670323 GDA 94/50 235 -80 11
22GTRC032 493215 7670215 GDA 94/50 150 -80 135

Table 2. RC Drill Hole Assay Results

Hole Id Sample Id **From_m ** **To_m ** **Au_ppm ** **Ag_ppm ** **Co_ppm ** **Cu_ppm ** **Pb_ppm ** **Zn_ppm **
22GTRC026 WHO1051 0 3 <0.01 <0.5 8 9 4 81
22GTRC026 WHO1052 3 6 <0.01 <0.5 4 9 3 60
22GTRC026 WHO1053 6 9 <0.01 <0.5 8 8 <2 98
22GTRC026 WHO1054 9 12 <0.01 <0.5 5 32 5 80
22GTRC026 WHO1055 12 15 <0.01 <0.5 11 23 2 95
22GTRC026 WHO1056 15 18 <0.01 <0.5 10 15 4 114
22GTRC026 WHO1057 18 21 <0.01 <0.5 4 21 2 173
22GTRC026 WHO1058 21 24 <0.01 <0.5 14 8 4 183
22GTRC026 WHO1059 24 27 <0.01 <0.5 20 36 6 171
22GTRC026 WHO1060 27 30 <0.01 <0.5 10 25 4 119
22GTRC026 WHO1061 30 33 <0.01 <0.5 3 13 7 91
22GTRC026 WHO1062 33 36 0.01 <0.5 2 4 3 69
22GTRC026 WHO1063 36 39 <0.01 <0.5 2 3 2 73
22GTRC026 WHO1064 39 42 <0.01 <0.5 2 6 2 76
22GTRC026 WHO1065 42 45 <0.01 <0.5 2 21 6 63
22GTRC026 WHO1066 45 48 <0.01 <0.5 3 12 6 80
22GTRC026 WHO1067 48 51 <0.01 <0.5 3 8 3 78
22GTRC026 WHO1068 51 54 <0.01 <0.5 3 5 4 78
22GTRC026 WHO1069 54 57 <0.01 <0.5 3 6 6 69
22GTRC026 WHO1070 57 60 <0.01 <0.5 4 22 3 243
22GTRC026 WHO1071 60 63 <0.01 <0.5 5 64 133 655
22GTRC026 WHO1072 63 66 <0.01 <0.5 22 47 16 296
22GTRC026 WHO1073 66 69 <0.01 <0.5 7 67 9 736
22GTRC026 WHO1074 69 72 <0.01 <0.5 5 41 7 148
22GTRC026 WHO1075 72 75 <0.01 <0.5 6 4 6 115
22GTRC026 WHO1076 75 78 <0.01 <0.5 18 31 6 117
22GTRC026 WHO1077 78 81 <0.01 <0.5 33 41 3 111
22GTRC026 WHO1078 81 84 <0.01 <0.5 40 57 7 106
22GTRC026 WHO1079 84 87 <0.01 <0.5 45 77 7 119
22GTRC026 WHO1080 87 90 <0.01 <0.5 34 39 6 97
22GTRC026 WHO1081 90 93 <0.01 <0.5 26 32 6 94
22GTRC026 WHO1082 93 96 <0.01 <0.5 23 48 6 145
22GTRC026 WHO1083 96 99 <0.01 <0.5 15 82 8 135
22GTRC026 WHO1084 99 102 <0.01 <0.5 22 80 4 141
22GTRC026 WHO1085 102 105 <0.01 <0.5 10 16 5 165
22GTRC026 WHO1086 105 108 <0.01 <0.5 10 19 5 157
22GTRC026 WHO1087 108 111 <0.01 <0.5 20 40 6 83
22GTRC026 WHO1088 111 114 <0.01 <0.5 19 55 5 81
22GTRC026 WHO1089 114 117 <0.01 <0.5 9 29 7 116
22GTRC026 WHO1090 117 120 <0.01 <0.5 6 12 9 136
22GTRC026 WHO1091 120 123 <0.01 <0.5 7 15 8 85
22GTRC026 WHO1092 123 126 <0.01 <0.5 4 9 7 76
Greentech Metals Limited ACN 648 958 561 Level 8, 99 St Georges Tce, Perth WA 6000

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ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

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Hole Id Sample Id **From_m ** **To_m ** **Au_ppm ** **Ag_ppm ** **Co_ppm ** **Cu_ppm ** **Pb_ppm ** **Zn_ppm **
22GTRC026 WHO1093 126 129 <0.01 <0.5 5 13 6 91
22GTRC026 WHO1094 129 132 <0.01 <0.5 5 16 7 65
22GTRC026 WHO1095 132 135 <0.01 <0.5 26 54 6 146
22GTRC026 WHO1096 135 138 <0.01 <0.5 21 37 7 147
22GTRC026 WHO1097 138 141 <0.01 <0.5 8 42 11 167
22GTRC026 WHO1098 141 144 <0.01 <0.5 5 17 11 156
22GTRC026 WHO1099 144 147 <0.01 <0.5 7 22 20 169
22GTRC026 WHO1100 147 150 <0.01 <0.5 5 5 14 265
22GTRC026 WHO1101 150 153 <0.01 <0.5 3 7 15 180
22GTRC026 WHO1102 153 156 <0.01 <0.5 3 9 23 134
22GTRC026 WHO1103 156 159 <0.01 <0.5 4 9 31 174
22GTRC026 WHO1104 159 162 <0.01 <0.5 3 12 10 135
22GTRC026 WHO1105 162 165 <0.01 <0.5 5 17 9 112
22GTRC026 WHO1106 165 168 <0.01 <0.5 5 21 8 98
22GTRC026 WHO1107 168 171 <0.01 <0.5 6 20 5 95
22GTRC026 WHO1108 171 174 <0.01 <0.5 9 29 5 77
22GTRC026 WHO1109 174 177 <0.01 <0.5 11 26 3 110
22GTRC026 WHO1110 177 180 <0.01 <0.5 10 25 3 103
22GTRC026 WHO1111 180 183 <0.01 <0.5 7 26 5 102
22GTRC026 WHO1112 183 186 <0.01 <0.5 6 21 5 70
22GTRC026 WHO1113 186 189 <0.01 <0.5 5 17 2 65
22GTRC026 WHO1114 189 192 <0.01 <0.5 6 14 6 85
22GTRC026 WHO1115 192 195 <0.01 <0.5 9 30 2 96
22GTRC026 WHO1116 195 198 0.01 <0.5 7 19 <2 63
22GTRC026 WHO1117 198 201 <0.01 <0.5 6 20 5 69
22GTRC026 WHO1118 201 204 <0.01 <0.5 21 42 4 158
22GTRC026 WHO1119 204 207 <0.01 <0.5 21 48 6 194
22GTRC026 WHO1120 207 210 <0.01 <0.5 10 29 6 157
22GTRC026 WHO1121 210 213 <0.01 <0.5 3 25 5 85
22GTRC026 GTM4685 213 214 <0.01 <0.5 10 144 8 206
22GTRC026 GTM4686 214 215 <0.01 <0.5 6 41 6 197
22GTRC026 GTM4687 215 216 <0.01 <0.5 23 1095 17 207
22GTRC026 GTM4688 216 217 0.01 <0.5 10 237 8 252
22GTRC026 GTM4689 217 218 <0.01 <0.5 17 303 10 435
22GTRC026 GTM4690 218 219 <0.01 <0.5 15 192 7 415
22GTRC026 GTM4691 219 220 <0.01 <0.5 17 208 8 370
22GTRC026 GTM4692 220 221 <0.01 <0.5 19 155 10 397
22GTRC026 GTM4693 221 222 <0.01 <0.5 20 115 6 359
22GTRC026 GTM4694 222 223 <0.01 <0.5 18 127 5 428
22GTRC026 GTM4695 223 224 <0.01 <0.5 14 162 8 294
22GTRC026 GTM4696 224 225 0.05 2.3 50 3200 925 1860
22GTRC026 GTM4697 225 226 0.06 3.3 171 7290 302 7640
22GTRC026 GTM4698 226 227 0.06 2.7 157 6000 122 14950
22GTRC026 GTM4699 227 228 0.01 <0.5 70 518 39 1555
22GTRC026 GTM4701 228 229 0.04 0.8 113 1545 90 24500
22GTRC026 GTM4703 229 230 0.02 0.7 184 1175 40 1305
22GTRC026 GTM4704 230 231 0.02 1 171 2100 76 3670
22GTRC026 WHO1122 231 234 <0.01 <0.5 27 247 13 421
22GTRC026 GTM4708 234 235 0.01 <0.5 16 301 20 2580
22GTRC026 GTM4709 235 236 0.01 <0.5 22 246 14 14800
22GTRC026 GTM4710 236 237 <0.01 <0.5 15 345 12 3990
22GTRC026 GTM4711 237 238 0.01 <0.5 19 109 13 3480
22GTRC026 GTM4712 238 239 <0.01 <0.5 22 86 22 2040
22GTRC026 GTM4713 239 240 0.01 <0.5 17 69 24 1760
22GTRC026 GTM4714 240 241 <0.01 <0.5 16 80 7 876
22GTRC026 GTM4715 241 242 <0.01 <0.5 17 66 12 492
22GTRC026 GTM4716 242 243 <0.01 <0.5 24 56 15 432
22GTRC026 WHO1123 243 246 <0.01 <0.5 33 108 14 563
22GTRC026 WHO1124 246 249 <0.01 <0.5 17 59 12 320
22GTRC026 WHO1125 249 252 <0.01 <0.5 20 24 12 385

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

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Hole Id Sample Id **From_m ** **To_m ** **Au_ppm ** **Ag_ppm ** **Co_ppm ** **Cu_ppm ** **Pb_ppm ** **Zn_ppm **
22GTRC027 WHO1126 0 3 <0.01 <0.5 8 26 6 87
22GTRC027 WHO1127 3 6 <0.01 <0.5 8 21 2 85
22GTRC027 WHO1128 6 9 <0.01 <0.5 7 20 5 81
22GTRC027 WHO1129 9 12 <0.01 <0.5 12 44 <2 88
22GTRC027 WHO1130 12 15 0.01 <0.5 22 49 5 133
22GTRC027 WHO1131 15 18 <0.01 <0.5 6 10 <2 59
22GTRC027 WHO1132 18 21 <0.01 <0.5 7 3 <2 81
22GTRC027 WHO1133 21 24 <0.01 <0.5 10 21 3 131
22GTRC027 WHO1134 24 27 <0.01 <0.5 5 6 3 66
22GTRC027 WHO1135 27 30 <0.01 <0.5 7 27 5 107
22GTRC027 WHO1136 30 33 <0.01 <0.5 9 22 10 111
22GTRC027 WHO1137 33 36 <0.01 <0.5 7 30 7 99
22GTRC027 WHO1138 36 39 <0.01 <0.5 14 27 6 89
22GTRC027 WHO1139 39 42 <0.01 <0.5 6 12 11 113
22GTRC027 WHO1140 42 45 <0.01 <0.5 12 30 15 116
22GTRC027 WHO1141 45 48 <0.01 <0.5 16 26 10 142
22GTRC027 WHO1142 48 51 <0.01 <0.5 35 129 9 174
22GTRC027 WHO1143 51 54 <0.01 <0.5 27 58 9 160
22GTRC027 WHO1144 54 57 <0.01 <0.5 17 27 5 130
22GTRC027 WHO1145 57 60 <0.01 <0.5 3 6 2 79
22GTRC027 WHO1146 60 63 <0.01 <0.5 6 125 3 110
22GTRC027 WHO1147 63 66 <0.01 <0.5 5 59 3 311
22GTRC027 WHO1148 66 69 <0.01 <0.5 10 26 6 362
22GTRC027 WHO1149 69 72 <0.01 <0.5 18 64 9 191
22GTRC027 WHO1150 72 75 <0.01 <0.5 42 81 6 146
22GTRC027 WHO1151 75 78 <0.01 <0.5 42 94 6 119
22GTRC027 WHO1152 78 81 <0.01 <0.5 44 94 13 179
22GTRC027 WHO1153 81 84 <0.01 <0.5 17 37 7 164
22GTRC027 WHO1154 84 87 <0.01 <0.5 10 23 3 199
22GTRC027 WHO1155 87 90 <0.01 <0.5 9 13 6 181
22GTRC027 WHO1156 90 93 <0.01 <0.5 9 20 4 194
22GTRC027 WHO1157 93 96 <0.01 <0.5 31 63 8 118
22GTRC027 WHO1158 96 99 <0.01 <0.5 27 44 5 88
22GTRC027 WHO1159 99 102 <0.01 <0.5 25 34 4 87
22GTRC027 GTM4840 102 103 <0.01 <0.5 20 30 7 137
22GTRC027 GTM4841 102 103 <0.01 <0.5 17 47 <2 118
22GTRC027 GTM4843 103 104 <0.01 <0.5 15 42 12 63
22GTRC027 GTM4844 104 105 <0.01 <0.5 13 54 19 392
22GTRC027 GTM4845 105 106 <0.01 <0.5 22 49 7 149
22GTRC027 GTM4846 106 107 <0.01 <0.5 17 66 10 241
22GTRC027 GTM4847 107 108 <0.01 <0.5 10 16 7 186
22GTRC027 WHO1160 108 111 <0.01 <0.5 7 17 5 95
22GTRC027 WHO1161 111 114 <0.01 <0.5 16 29 4 113
22GTRC027 WHO1162 114 117 <0.01 <0.5 19 49 5 124
22GTRC027 WHO1163 117 120 <0.01 <0.5 28 66 11 143
22GTRC027 WHO1164 120 123 <0.01 <0.5 14 20 3 140
22GTRC027 WHO1165 123 126 <0.01 <0.5 10 22 3 144
22GTRC027 WHO1166 126 129 <0.01 <0.5 9 15 6 190
22GTRC027 WHO1167 129 132 <0.01 <0.5 9 16 6 205
22GTRC027 WHO1168 132 135 <0.01 <0.5 9 31 7 192
22GTRC027 WHO1169 135 138 <0.01 <0.5 9 21 7 199
22GTRC027 WHO1170 138 141 <0.01 <0.5 15 189 9 185
22GTRC027 GTM4885 141 142 <0.01 <0.5 21 45 <2 138
22GTRC027 GTM4886 142 143 <0.01 <0.5 13 42 8 101
22GTRC027 GTM4887 143 144 <0.01 <0.5 20 22 5 101
22GTRC027 WHO1171 144 147 <0.01 <0.5 30 28 8 138
22GTRC027 WHO1172 147 150 <0.01 <0.5 34 48 6 126
22GTRC027 WHO1173 150 153 <0.01 <0.5 32 44 5 143
22GTRC027 WHO1174 153 156 <0.01 <0.5 33 41 7 148
22GTRC027 WHO1175 156 159 <0.01 <0.5 11 28 16 118

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

15

ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

ASX:GRE

Hole Id Sample Id **From_m ** **To_m ** **Au_ppm ** **Ag_ppm ** **Co_ppm ** **Cu_ppm ** **Pb_ppm ** **Zn_ppm **
22GTRC027 WHO1176 159 162 <0.01 <0.5 24 22 20 239
22GTRC027 WHO1177 162 165 <0.01 <0.5 8 35 10 382
22GTRC027 WHO1178 165 168 <0.01 <0.5 9 15 33 201
22GTRC027 WHO1179 168 171 <0.01 <0.5 12 10 5 148
22GTRC027 WHO1180 171 174 <0.01 <0.5 7 21 9 168
22GTRC027 WHO1181 174 177 <0.01 <0.5 14 30 9 133
22GTRC027 WHO1182 177 180 <0.01 <0.5 6 49 3 79
22GTRC027 WHO1183 180 183 <0.01 <0.5 11 23 8 107
22GTRC027 WHO1184 183 186 <0.01 <0.5 6 26 10 99
22GTRC027 WHO1185 186 189 <0.01 <0.5 6 13 5 98
22GTRC027 WHO1186 189 192 <0.01 <0.5 5 17 6 79
22GTRC027 WHO1187 192 195 <0.01 <0.5 23 43 9 193
22GTRC027 WHO1188 195 198 <0.01 <0.5 11 19 7 116
22GTRC027 WHO1189 198 201 <0.01 <0.5 10 33 6 150
22GTRC027 WHO1190 201 204 <0.01 <0.5 8 20 3 130
22GTRC027 WHO1191 204 207 <0.01 <0.5 9 21 4 137
22GTRC027 WHO1192 207 210 <0.01 <0.5 8 36 4 92
22GTRC027 WHO1193 210 213 <0.01 <0.5 9 16 8 223
22GTRC027 WHO1194 213 216 <0.01 <0.5 8 22 8 185
22GTRC027 WHO1195 216 219 <0.01 <0.5 5 14 4 160
22GTRC027 WHO1196 219 222 <0.01 <0.5 7 16 9 152
22GTRC027 WHO1197 222 225 <0.01 0.5 10 23 14 192
22GTRC027 WHO1198 225 228 <0.01 <0.5 6 13 11 115
22GTRC027 WHO1199 228 231 <0.01 <0.5 8 24 15 102
22GTRC027 GTM4985 231 232 <0.01 <0.5 7 20 26 145
22GTRC027 GTM4986 232 233 0.02 2.1 8 293 190 7340
22GTRC027 GTM4987 233 234 <0.01 <0.5 7 46 33 854
22GTRC027 GTM4988 234 235 <0.01 <0.5 8 17 8 396
22GTRC027 GTM4989 235 236 <0.01 <0.5 7 11 6 153
22GTRC027 GTM4990 236 237 <0.01 <0.5 10 16 17 303
22GTRC027 GTM4991 237 238 <0.01 <0.5 7 5 37 276
22GTRC027 GTM4992 238 239 0.02 0.7 5 24 489 505
22GTRC027 GTM4993 239 240 0.02 <0.5 5 17 70 443
22GTRC027 GTM4994 240 241 0.02 <0.5 5 45 42 380
22GTRC027 GTM4995 241 242 0.01 <0.5 7 44 16 438
22GTRC027 GTM4996 242 243 0.02 <0.5 5 110 18 446
22GTRC027 GTM4997 243 244 0.02 3.3 31 3630 13 4120
22GTRC027 GTM4998 244 245 0.39 11.3 288 16400 43 1360
22GTRC027 GTM4999 245 246 0.3 8.7 202 12100 33 3680
22GTRC027 GTM5001 246 247 0.07 2.2 50 3500 19 11750
22GTRC027 GTM5002 247 248 0.02 <0.5 84 1350 19 15650
22GTRC027 GTM5003 248 249 0.02 0.5 68 1490 27 6030
22GTRC027 GTM5004 249 250 0.03 0.9 52 2460 11 3920
22GTRC027 GTM5005 250 251 0.01 <0.5 33 1325 9 2400
22GTRC027 GTM5006 251 252 0.03 1.4 40 2980 12 9370
22GTRC027 GTM5007 252 253 0.05 3.1 208 7910 62 13600
22GTRC027 GTM5008 253 254 0.02 1 121 3180 40 4270
22GTRC027 GTM5009 254 255 <0.01 <0.5 27 723 12 1355
22GTRC027 WHO1200 255 258 <0.01 <0.5 24 494 8 967
22GTRC027 WHO1201 258 261 <0.01 <0.5 18 66 3 264
22GTRC027 WHO1202 261 264 0.02 <0.5 22 67 6 342
22GTRC027 WHO1203 264 267 <0.01 <0.5 25 88 8 408
22GTRC027 WHO1204 267 270 <0.01 <0.5 33 45 8 277
22GTRC027 WHO1205 270 273 <0.01 <0.5 37 97 4 257
22GTRC027 WHO1206 273 276 <0.01 <0.5 25 38 8 131
22GTRC030 WHO1207 0 3 <0.01 <0.5 10 17 21 154
22GTRC030 WHO1208 3 6 <0.01 <0.5 8 18 14 166
22GTRC030 WHO1209 6 9 <0.01 <0.5 8 21 10 158
22GTRC030 WHO1210 9 12 0.01 <0.5 14 39 7 314
22GTRC030 WHO1211 12 15 0.01 <0.5 16 32 25 171

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

16

ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

ASX:GRE

Hole Id Sample Id **From_m ** **To_m ** **Au_ppm ** **Ag_ppm ** **Co_ppm ** **Cu_ppm ** **Pb_ppm ** **Zn_ppm **
22GTRC030 WHO1212 15 18 0.01 <0.5 8 24 14 216
22GTRC030 WHO1213 18 21 <0.01 <0.5 17 79 9 2200
22GTRC030 WHO1214 21 24 0.01 <0.5 29 65 6 1360
22GTRC030 WHO1215 24 27 0.01 <0.5 20 102 4 935
22GTRC030 WHO1216 27 30 <0.01 <0.5 23 173 3 1800
22GTRC030 WHO1217 30 33 <0.01 <0.5 15 19 8 1765
22GTRC030 WHO1218 33 36 <0.01 <0.5 8 17 6 702
22GTRC030 WHO1219 36 39 <0.01 <0.5 30 72 8 1540
22GTRC030 WHO1220 39 42 <0.01 <0.5 30 57 6 1650
22GTRC030 WHO1221 42 45 <0.01 <0.5 38 55 <2 5180
22GTRC030 WHO1222 45 48 <0.01 <0.5 31 59 4 1530
22GTRC030 WHO1223 48 51 <0.01 <0.5 33 42 <2 388
22GTRC030 WHO1224 51 54 <0.01 <0.5 32 65 4 181
22GTRC030 WHO1225 54 57 <0.01 <0.5 28 84 <2 190
22GTRC030 WHO1226 57 60 <0.01 <0.5 8 17 8 147
22GTRC030 WHO1227 60 63 <0.01 <0.5 7 22 3 191
22GTRC030 WHO1228 63 66 <0.01 <0.5 11 68 6 1615
22GTRC030 WHO1229 66 69 <0.01 <0.5 29 132 6 375
22GTRC030 WHO1230 69 72 <0.01 <0.5 38 69 4 162
22GTRC030 WHO1231 72 75 <0.01 <0.5 44 59 4 148
22GTRC030 WHO1232 75 78 <0.01 <0.5 36 39 2 141
22GTRC030 WHO1233 78 81 <0.01 <0.5 32 76 <2 183
22GTRC030 WHO1234 81 84 <0.01 <0.5 9 671 13 71
22GTRC030 WHO1235 84 87 <0.01 <0.5 7 27 <2 96
22GTRC030 WHO1236 87 90 <0.01 <0.5 8 19 3 84
22GTRC030 WHO1237 90 93 <0.01 <0.5 8 26 3 105
22GTRC030 WHO1238 93 96 <0.01 <0.5 5 6 2 80
22GTRC030 WHO1239 96 99 <0.01 <0.5 6 1 4 78
22GTRC030 WHO1240 99 102 <0.01 <0.5 9 1 4 87
22GTRC030 WHO1241 102 105 <0.01 <0.5 28 1 2 79
22GTRC030 WHO1242 105 108 <0.01 <0.5 52 <1 3 83
22GTRC030 WHO1243 108 111 <0.01 <0.5 30 2 8 82
22GTRC030 WHO1244 111 114 0.02 <0.5 13 102 7 123
22GTRC030 GTM5214 114 115 0.01 <0.5 6 190 7 281
22GTRC030 GTM5215 115 116 <0.01 <0.5 7 195 7 517
22GTRC030 GTM5216 116 117 0.03 3.8 40 4010 38 2170
22GTRC030 GTM5217 117 118 <0.01 0.6 18 726 15 2400
22GTRC030 GTM5218 118 119 <0.01 <0.5 9 230 13 2410
22GTRC030 GTM5219 119 120 <0.01 <0.5 7 41 34 1610
22GTRC030 GTM5220 120 121 <0.01 <0.5 11 96 84 2820
22GTRC030 GTM5223 121 122 0.01 <0.5 12 112 46 16250
22GTRC030 GTM5224 122 123 <0.01 <0.5 9 92 19 3980
22GTRC030 GTM5225 123 124 <0.01 <0.5 6 41 14 924
22GTRC030 GTM5226 124 125 <0.01 <0.5 9 57 21 5380
22GTRC030 GTM5227 125 126 0.01 <0.5 11 71 8 270
22GTRC030 GTM5228 126 127 <0.01 <0.5 8 75 9 459
22GTRC030 GTM5229 127 128 <0.01 <0.5 4 52 5 132
22GTRC030 GTM5230 128 129 <0.01 <0.5 6 28 5 97
22GTRC030 GTM5231 129 130 <0.01 <0.5 10 15 3 83
22GTRC030 GTM5232 130 131 0.01 <0.5 6 13 21 68
22GTRC030 GTM5233 131 132 0.04 1 5 14 179 242
22GTRC030 GTM5234 132 133 0.11 2.2 6 54 445 1185
22GTRC030 GTM5235 133 134 0.05 2.6 3 200 172 8890
22GTRC030 GTM5236 134 135 0.02 1.5 4 125 45 7480
22GTRC030 GTM5237 135 136 0.04 2 15 114 86 7660
22GTRC030 GTM5238 136 137 <0.01 <0.5 10 28 35 2770
22GTRC030 GTM5239 137 138 0.01 <0.5 10 33 53 3990
22GTRC030 GTM5240 138 139 0.02 1.9 30 176 46 8090
22GTRC030 GTM5241 138 139 0.02 2.2 34 196 46 12400
22GTRC030 GTM5243 139 140 <0.01 1.2 20 119 37 1700

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

17

ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

ASX:GRE

Hole Id Sample Id **From_m ** **To_m ** **Au_ppm ** **Ag_ppm ** **Co_ppm ** **Cu_ppm ** **Pb_ppm ** **Zn_ppm **
22GTRC030 GTM5244 140 141 <0.01 0.9 21 155 26 1520
22GTRC030 WHO1245 141 144 <0.01 <0.5 19 50 16 485
22GTRC030 WHO1246 144 147 <0.01 0.5 55 117 11 390
22GTRC030 WHO1247 147 150 <0.01 <0.5 49 60 3 152
22GTRC030 WHO1248 150 153 <0.01 <0.5 34 29 3 173
22GTRC030 WHO1249 153 156 <0.01 <0.5 28 32 <2 110
22GTRC030 WHO1250 156 159 <0.01 <0.5 75 104 3 147
22GTRC030 WHO1251 159 162 <0.01 <0.5 13 18 2 70
22GTRC030 WHO1252 162 165 <0.01 <0.5 21 94 7 301
22GTRC030 WHO1253 165 168 <0.01 <0.5 44 194 <2 691
22GTRC030 WHO1254 168 171 <0.01 <0.5 32 98 3 256
22GTRC030 WHO1255 171 174 <0.01 <0.5 28 87 3 207
22GTRC031 WHO1256 0 3 0.03 <0.5 9 11 5 147
22GTRC031 WHO1257 3 6 <0.01 <0.5 8 34 <2 109
22GTRC031 WHO1258 6 9 <0.01 <0.5 9 17 4 141
22GTRC031 WHO1259 9 12 <0.01 <0.5 8 6 3 199
22GTRC031 WHO1260 12 15 <0.01 <0.5 5 12 3 135
22GTRC031 WHO1261 15 18 <0.01 <0.5 8 15 3 122
22GTRC031 WHO1262 18 21 <0.01 <0.5 10 29 3 169
22GTRC031 WHO1263 21 24 <0.01 <0.5 4 8 5 92
22GTRC031 WHO1264 24 27 <0.01 <0.5 3 22 5 107
22GTRC031 WHO1265 27 30 <0.01 <0.5 5 15 5 122
22GTRC031 WHO1266 30 33 <0.01 <0.5 10 23 5 147
22GTRC031 WHO1267 33 36 <0.01 <0.5 20 65 6 254
22GTRC031 WHO1268 36 39 <0.01 <0.5 6 13 6 79
22GTRC031 WHO1269 39 42 <0.01 <0.5 12 36 10 78
22GTRC031 WHO1270 42 45 <0.01 <0.5 39 20 5 138
22GTRC031 WHO1271 45 48 <0.01 <0.5 45 39 3 128
22GTRC031 WHO1272 48 51 <0.01 <0.5 32 10 4 156
22GTRC031 WHO1273 51 54 <0.01 <0.5 47 71 6 129
22GTRC031 WHO1274 54 57 <0.01 <0.5 34 116 15 168
22GTRC031 WHO1275 57 60 <0.01 <0.5 11 17 10 111
22GTRC031 WHO1276 60 63 <0.01 <0.5 21 14 7 143
22GTRC031 WHO1277 63 66 <0.01 <0.5 29 31 3 129
22GTRC031 WHO1278 66 69 <0.01 <0.5 23 73 6 135
22GTRC031 WHO1279 69 72 <0.01 <0.5 16 59 6 155
22GTRC031 WHO1280 72 75 <0.01 <0.5 13 89 4 164
22GTRC031 WHO1281 75 78 <0.01 <0.5 13 173 6 94
22GTRC031 WHO1282 78 81 <0.01 <0.5 7 20 9 104
22GTRC031 WHO1283 81 84 <0.01 <0.5 29 20 12 156
22GTRC031 WHO1284 84 87 <0.01 <0.5 18 27 13 155
22GTRC031 WHO1285 87 90 <0.01 <0.5 7 8 5 106
22GTRC031 WHO1286 90 93 <0.01 <0.5 5 4 7 95
22GTRC031 WHO1287 93 96 <0.01 <0.5 7 14 11 127
22GTRC031 WHO1288 96 99 <0.01 <0.5 18 31 3 154
22GTRC031 WHO1289 99 102 <0.01 <0.5 17 22 9 96
22GTRC031 WHO1290 102 105 <0.01 <0.5 30 61 10 139
22GTRC031 WHO1291 105 108 <0.01 <0.5 31 53 7 159
22GTRC031 WHO1292 108 111 <0.01 <0.5 12 40 10 140
22GTRC031 WHO1293 111 114 <0.01 <0.5 5 5 4 93
22GTRC031 WHO1294 114 117 <0.01 <0.5 5 34 8 188
22GTRC031 WHO1295 117 120 <0.01 <0.5 7 35 9 108
22GTRC031 WHO1296 120 123 <0.01 <0.5 4 23 7 149
22GTRC031 WHO1297 123 126 <0.01 <0.5 57 31 4 114
22GTRC031 WHO1298 126 129 0.01 <0.5 89 4 4 63
22GTRC031 WHO1299 129 132 0.01 <0.5 12 35 6 85
22GTRC031 WHO1300 132 135 <0.01 <0.5 40 54 <2 156
22GTRC031 WHO1301 135 138 <0.01 <0.5 9 20 <2 126
22GTRC031 GTM5434 138 139 <0.01 <0.5 6 10 3 1585
22GTRC031 GTM5435 139 140 0.01 0.6 5 360 13 8310

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

18

ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

ASX:GRE

Hole Id Sample Id **From_m ** **To_m ** **Au_ppm ** **Ag_ppm ** **Co_ppm ** **Cu_ppm ** **Pb_ppm ** **Zn_ppm **
22GTRC031 GTM5436 140 141 0.01 0.5 5 182 17 5330
22GTRC031 GTM5437 141 142 0.01 0.6 10 300 18 7410
22GTRC031 GTM5438 142 143 0.01 0.5 12 484 16 1405
22GTRC031 GTM5439 143 144 0.02 1 28 938 22 272
22GTRC031 GTM5440 144 145 0.02 1 35 1085 16 213
22GTRC031 GTM5443 145 146 <0.01 0.6 37 546 14 295
22GTRC031 GTM5444 146 147 <0.01 0.6 23 372 9 241
22GTRC031 WHO1302 147 150 0.02 0.6 44 898 18 287
22GTRC031 GTM5448 150 151 0.03 0.8 23 783 21 214
22GTRC031 GTM5449 151 152 0.01 0.7 26 583 37 307
22GTRC031 GTM5450 152 153 0.03 2.6 18 2030 64 325
22GTRC031 GTM5451 153 154 0.08 2.5 24 2610 31 396
22GTRC031 GTM5452 154 155 0.07 1.4 16 1350 17 226
22GTRC031 GTM5453 155 156 0.07 2.7 20 3700 26 407
22GTRC031 GTM5454 156 157 0.06 2.5 19 3020 15 428
22GTRC031 GTM5455 157 158 0.02 1.1 13 1010 25 234
22GTRC031 GTM5456 158 159 0.02 0.7 21 828 11 299
22GTRC031 GTM5457 159 160 0.01 0.7 7 848 15 258
22GTRC031 GTM5458 160 161 0.01 0.5 6 463 17 301
22GTRC031 GTM5459 161 162 0.02 1.4 10 1370 24 2100
22GTRC031 GTM5460 162 163 0.22 9.5 364 11350 54 6530
22GTRC031 GTM5461 162 163 0.22 13.5 570 10000 53 5250
22GTRC031 GTM5463 163 164 0.06 2.4 635 2540 24 1205
22GTRC031 GTM5464 164 165 0.05 1.4 552 1650 22 1445
22GTRC031 WHO1303 165 168 0.03 <0.5 150 456 9 587
22GTRC031 WHO1304 168 171 0.01 <0.5 59 106 4 294
22GTRC031 WHO1305 171 174 0.02 <0.5 154 519 9 223
22GTRC031 GTM5474 174 175 0.11 5 327 3360 91 414
22GTRC031 GTM5475 175 176 0.29 8.3 191 7050 93 643
22GTRC031 GTM5476 176 177 0.08 2.3 189 2120 33 451
22GTRC031 WHO1306 177 180 0.07 0.7 93 656 18 893
22GTRC031 GTM5480 180 181 0.04 1.3 77 435 16 3780
22GTRC031 GTM5483 181 182 0.03 1.2 39 506 19 4540
22GTRC031 GTM5484 182 183 0.02 0.5 17 295 13 5630
22GTRC031 GTM5485 183 184 <0.01 <0.5 3 54 7 3430
22GTRC031 GTM5486 184 185 0.01 0.8 5 318 10 8980
22GTRC031 GTM5487 185 186 0.01 0.8 3 337 6 7580
22GTRC031 GTM5488 186 187 <0.01 <0.5 5 42 2 2650
22GTRC031 GTM5489 187 188 0.01 1.3 80 1160 19 2940
22GTRC031 GTM5490 188 189 0.03 1.4 208 1250 14 4550
22GTRC031 GTM5491 189 190 0.04 3.9 212 2870 38 11300
22GTRC031 GTM5492 190 191 0.01 0.6 33 691 26 1400
22GTRC031 GTM5493 191 192 <0.01 <0.5 27 354 20 1320
22GTRC031 WHO1307 192 195 <0.01 <0.5 20 116 25 721
22GTRC031 WHO1308 195 198 <0.01 <0.5 10 49 7 258
22GTRC031 WHO1309 198 201 <0.01 <0.5 9 40 5 187
22GTRC031 WHO1310 201 204 0.01 <0.5 25 161 21 990
22GTRC031 WHO1311 204 207 <0.01 <0.5 24 63 <2 242
22GTRC031 WHO1312 207 210 0.01 <0.5 27 86 3 108
22GTRC031 WHO1313 210 213 <0.01 <0.5 41 49 4 116
22GTRC031 WHO1314 213 216 <0.01 <0.5 38 68 2 185
22GTRC031 WHO1315 216 219 0.01 <0.5 43 67 <2 81
22GTRC031 WHO1316 219 222 0.01 <0.5 51 27 <2 62
22GTRC031 WHO1317 222 225 0.01 <0.5 24 148 2 71
22GTRC031 WHO1318 225 228 0.01 <0.5 37 168 2 143
22GTRC031 WHO1319 228 231 <0.01 <0.5 27 67 <2 209
22GTRC031 WHO1320 231 234 <0.01 <0.5 27 130 2 259
22GTRC032 WHO1321 0 3 <0.01 <0.5 6 27 3 111
22GTRC032 WHO1322 3 6 <0.01 <0.5 6 22 4 102
22GTRC032 WHO1323 6 9 <0.01 <0.5 5 16 3 129

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

19

ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

ASX:GRE

Hole Id Sample Id **From_m ** **To_m ** **Au_ppm ** **Ag_ppm ** **Co_ppm ** **Cu_ppm ** **Pb_ppm ** **Zn_ppm **
22GTRC032 WHO1324 9 12 <0.01 <0.5 7 18 7 126
22GTRC032 WHO1325 12 15 <0.01 <0.5 8 38 4 161
22GTRC032 WHO1326 15 18 <0.01 <0.5 14 16 3 138
22GTRC032 WHO1327 18 21 <0.01 <0.5 10 18 6 156
22GTRC032 WHO1328 21 24 <0.01 <0.5 9 19 5 175
22GTRC032 WHO1329 24 27 <0.01 <0.5 12 48 5 170
22GTRC032 WHO1330 27 30 <0.01 <0.5 30 74 5 156
22GTRC032 WHO1331 30 33 <0.01 <0.5 32 61 4 120
22GTRC032 WHO1332 33 36 <0.01 <0.5 33 65 4 115
22GTRC032 WHO1333 36 39 <0.01 <0.5 32 70 4 120
22GTRC032 WHO1334 39 42 <0.01 <0.5 13 26 6 98
22GTRC032 WHO1335 42 45 <0.01 <0.5 14 44 8 205
22GTRC032 WHO1336 45 48 <0.01 <0.5 6 27 6 288
22GTRC032 WHO1337 48 51 <0.01 <0.5 18 56 6 101
22GTRC032 WHO1338 51 54 <0.01 <0.5 33 66 5 135
22GTRC032 WHO1339 54 57 <0.01 <0.5 33 71 3 120
22GTRC032 WHO1340 57 60 <0.01 <0.5 33 58 6 113
22GTRC032 WHO1341 60 63 <0.01 <0.5 34 68 5 120
22GTRC032 WHO1342 63 66 <0.01 <0.5 33 65 4 107
22GTRC032 WHO1343 66 69 <0.01 <0.5 33 52 7 114
22GTRC032 WHO1344 69 72 <0.01 <0.5 35 67 4 109
22GTRC032 WHO1345 72 75 <0.01 <0.5 36 61 4 130
22GTRC032 WHO1346 75 78 <0.01 <0.5 34 63 4 112
22GTRC032 WHO1347 78 81 <0.01 <0.5 34 73 6 143
22GTRC032 WHO1348 81 84 <0.01 <0.5 33 68 8 124
22GTRC032 WHO1349 84 87 <0.01 <0.5 37 45 5 161
22GTRC032 WHO1350 87 90 <0.01 <0.5 34 44 3 131
22GTRC032 WHO1351 90 93 <0.01 <0.5 34 57 <2 151
22GTRC032 WHO1352 93 96 <0.01 <0.5 33 55 4 133
22GTRC032 WHO1353 96 99 <0.01 <0.5 21 26 6 111
22GTRC032 WHO1354 99 102 <0.01 <0.5 11 17 6 124
22GTRC032 WHO1355 102 105 <0.01 <0.5 8 17 6 119
22GTRC032 WHO1356 105 108 <0.01 <0.5 5 14 5 97
22GTRC032 WHO1357 108 111 <0.01 <0.5 9 16 6 109
22GTRC032 WHO1358 111 114 <0.01 <0.5 7 16 6 103
22GTRC032 WHO1359 114 117 0.01 <0.5 6 28 9 129
22GTRC032 WHO1360 117 120 <0.01 <0.5 23 25 6 175
22GTRC032 WHO1361 120 123 <0.01 <0.5 6 29 4 76
22GTRC032 WHO1362 123 126 0.01 <0.5 10 39 3 206
22GTRC032 WHO1363 126 129 0.02 <0.5 21 40 3 198
22GTRC032 WHO1364 129 132 <0.01 <0.5 22 52 4 163
22GTRC032 WHO1365 132 135 <0.01 <0.5 18 52 5 129
22GTRC032 WHO1366 135 138 <0.01 <0.5 20 104 3 121
22GTRC032 WHO1367 138 141 <0.01 <0.5 18 81 2 116
22GTRC032 WHO1368 141 144 <0.01 <0.5 20 95 3 131
22GTRC032 WHO1369 144 147 <0.01 <0.5 22 67 2 129
22GTRC032 WHO1370 147 150 <0.01 <0.5 17 65 13 125

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

20

ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

ASX:GRE

JORC Code, 2012 Edition – Table 1 report template

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling Nature and quality of sampling (e.g., cut channels, random chips, or specific specialised industry RC drilling was undertaken to obtain samples that were laid out in one metre intervals.
techniques standard measurement tools appropriate to the minerals under investigation, such as down hole Sampling was of the drill spoil for assay was undertaken by scoop into numbered calico bags. Samples
gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting submitted for assay were either composites of 3 metres length, or single metre samples. Composites were
the broad meaning of sampling. produced by representatively sampling each individual drill spoil pile to be included in the composite.
Include reference to measures taken to ensure sample representivity and the appropriate calibration of Certified Reference Materials (CRM) and a repeat sample were inserted in the sample sequence.
any measurement tools or systems used. Samples were analysed by ALS Global in Perth using a 4-acid digest with MEICP-61 finish for 70 elements.
Aspects of the determination of mineralisation that are Material to the Public Report. Downhole electromagnetic (DHEM) surveys were completed at three drill holes across the Whundo
In cases where ‘industry standard’ work has been done this would be relatively simple (e.g., ‘reverse Project, Western Australia. SGC Niche Acquisition acquired data using a DigiAtlantis probe measuring the
circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g B-field. Downhole station intervals were varied according to geological intervals of interest. Specifications
charge for fire assay’). In other cases, more explanation may be required, such as where there is coarse of transmitter loop sizes, locations and recording intervals are detailed below.
gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g.,
submarine nodules) may warrant disclosure of detailed information.		 DHEM Parameters:
Contractor: SGC Niche Acquisition
Configuration: Down-hole EM (DHEM)
Tx Loop size: 750x300m, single turn WH1
Transmitter: TTX2
Receiver: Smartem24
Sensor: DigiAtlantis
Station spacings: 2m, 5m and 10 m
Tx Freq: 1.0 Hz
Duty cycle: 50%
Current: ~30 Amp
Stacks: 64
Readings: 2-3 repeatable readings per station
Interpretation and modellingof the data was done bythe contractor.
Drilling techniques Drill type (e.g., core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) Drilling was completed using the RC method. A standard RC hammer bit was used, with chip samples
and details (e.g., core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or returned within the drill pipe and recovered through a cyclone.
_other type, whether core is oriented and if so, by what method, etc.). _ Holes were drilled at various azimuths and dips and to varyingdepths.

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Drill sample Method of recording and assessing core and chip sample recoveries and results assessed. The geologist visually assessed drill sample recoveries during the program, and these were overall very
recovery Measures taken to maximise sample recovery and ensure representative nature of the samples. good.
Whether a relationship exists between sample recovery and grade and whether sample bias may have Drill cyclone was cleaned regularly between holes if required to minimise down hole or cross-hole
occurred due to preferential loss/gain of fine/coarse material. contamination.
Samples were almost entirely dry, with little water encountered in the drilling.
No relationshipbetween sample recoveryandgrade has been recognised.
Logging Whether core and chip samples have been geologically and geotechnically logged to a level of detail to All drill holes have been geologically logged for lithology, weathering, and other features of the samples
support appropriate Mineral Resource estimation, mining studies and metallurgical studies. using sieved rock chips from the drill samples. The level of geological detail is commensurate with nature
Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography. and limitations of this exploratory drilling technique. The current drill-spacing and intensity would be
The total length and percentage of the relevant intersections logged. insufficient for Resource Estimation. Although data acquired from this program would complement future
drilling and assist with Resource Estimation.
Data relating to the geological observations and the sampling intervals was entered in a database.
All drill holes were logged in full.
Sub-sampling If core, whether cut or sawn and whether quarter, half or all core taken. RC drill spoil samples were collected by traversing each sample pile systematically by scoop to obtain
techniques and If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled wet or dry. similar volumes of representative material for either a single metre interval or a composite interval of 3m
sample For all sample types, the nature, quality and appropriateness of the sample preparation technique. (3 drill spoil piles). This is regarded as a fit for purpose sampling regime for the type of drilling and the
preparation Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. current stage of exploration.
Measures taken to ensure that the sampling is representative of the in-situ material collected, The drill samples were almost entirely dry, with very few damp samples and occasional wet samples.
including for instance results for field duplicate/second-half sampling. Where composite samples were taken, equal amounts of sample were taken from each of the constituent
Whether sample sizes are appropriate to the grain size of the material being sampled. sample piles.
Field duplicate sampling was also undertaken.
The samples were then sent to ALS Laboratory in Perth for sample preparation and analysis. Samples were
analysed using a 4-acid digest with MEICP-61 finish for 70 elements.
Analysis of the samples is completed
The sample sizes are appropriate for the style of mineralisation beinginvestigated.
Quality of assay The nature, quality and appropriateness of the assaying and laboratory procedures used and whether Assaying was completed by ALS Laboratory, a NATA accredited commercial laboratory. The samples were
data and the technique is considered partial or total. then sent to ALS Laboratory in Perth for sample preparation and analysis. Samples were analysed using a
laboratory tests For geophysical tools, spectrometers, handheld XRF instruments, etc., the parameters used in 4-acid digest with MEICP-61 finish for 70 elements.
determining the analysis including instrument make and model, reading times, calibrations factors A Bruker portable XRF spectrometer was used to identify mineralised drill spoils which were sampled at
applied and their derivation, etc. 1m intervals, while non mineralised drill spoils were composited into 3m composited samples.
Nature of quality control procedures adopted (e.g., standards, blanks, duplicates, external laboratory Several intervals of highly mineralised drill spoils have been reported but noted that the results were only a
checks) and whether acceptable levels of accuracy (i.e., lack of bias) and precision have been guide to the possible tenor of mineralisation in the drill sample and that they did not provide an accurate
established. estimate of the mineralisation as would result from a laboratoryanalysis.
Verification of The verification of significant intersections by either independent or alternative company personnel. Drill collar data, sample information, logging data and assay results are yet to be completed, compiled, and
sampling and The use of twinned holes. validated by a separate person to the person conducting the logging and sampling.
assaying Documentation of primary data, data entry procedures, data verification, data storage (physical and
electronic) protocols.
Discuss any adjustment to assay data.

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Location of data Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine Drill hole collar locations were located using a handheld GPS with an expected accuracy of +/-3m for
points workings and other locations used in Mineral Resource estimation. easting and northing. Elevations were interpolated from the SRTM DEM grid of the area.
Specification of the grid system used. Down hole surveys were undertaken on each drill hole.
Quality and adequacy of topographic control. Thegrid system used is GDA94,MGA zone 50.
Data spacing and Data spacing for reporting of Exploration Results. RC drill holes were not drilled on a traverse but were individually sited to suit specific targets at varying
distribution Whether the data spacing and distribution is sufficient to establish the degree of geological and grade depths.
continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and The spacing and distribution of the current drill holes is considered sufficient for the testing of specific
classifications applied. targets. The historic drilling at the Project is sufficient to establish the degree of geological and grade
Whether sample compositing has been applied. continuity to support the definition of Mineral Resource and Reserves and the classifications applied under
the 2012 JORC code.
Drill samples were taken at 1m intervals or composited over 3m intervals prior to being submitted to the
laboratory,honouring geological contacts,state of oxidation-weatheringand observable mineralisation.
Orientation of data Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent The regional stratigraphy and the contained mineralisation comprising the Whundo resource has a
in relation to to which this is known, considering the deposit type. northerly trend and a dip of 25 deg so the majority of the drilling was oriented to the south with a dip of 60
geological If the relationship between the drilling orientation and the orientation of key mineralised structures is deg.
structure considered to have introduced a sampling bias, this should be assessed and reported if material. The true orientation of mineralised bodies in this area is generally known, so an assessment of the effect of
drill orientation on sample bias can be made at this stage.
Sample security The measures taken to ensure sample security. All drill samples collected during the program are being freighted directly to the ALS laboratory in Perth for
submission.
Sample security was not considered a significant risk to the project. Only employees of Greentech Metals
and Resource Potentials were involved in the collection, short term storage (in a remote area), and delivery
of samples.
Audits or reviews The results of any audits or reviews of sampling techniques and data. No formal audits or reviews have been conducted on sampling technique and data to date.

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral tenement Type, reference name/number, location and ownership including agreements or material issues with This RC program was entirely conducted on E 47/7 (100% Greentech Metals)
and land tenure third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical The tenement lies within the Ngarluma Native Title claim
status sites, wilderness or national park and environmental settings. The tenement is in good standing with no known impediments.
The security of the tenure held at the time of reporting along with any known impediments to
obtaining a licence to operate in the area.
Exploration done Acknowledgment and appraisal of exploration by other parties. The Whundo copper-zinc-cobalt deposit has a long history of prospecting, exploration and small-scale
by other parties mining dating back to early 1970s. In 2018 Artemis Resources was able to complete an Indicated Mineral
Resource Estimate totalling 2.7Mt @1.14%Cu and 1.14%Zn. In addition, geophysical surveys completed by
Fox Resources and Artemis Resources led to the identification of numerous conductor targets in proximity
to Whundo.

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

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Geology Deposit type, geological setting and style of mineralisation. The target for drilling is extensions to the VMS style copper-zinc-cobalt deposit at Whundo.
The geological setting of the area is Archaean greenstones consisting of steeply dipping and folded basalts,
felsic volcanics, komatiites, and sediments, intruded by voluminous gabbro, dolerite dykes, and granitic
intrusions.
Drill hole A summary of all information material to the understanding of the exploration results including a Drill hole collar locations are shown in diagrams in the body of the release. Drilling was conducted at the
Information tabulation of the following information for all Material drill holes: natural land surface. Elevations of drill holes have been interpolated from STRM DEM data.
easting and northing of the drill hole collar Holes were drilled at various dips and azimuths and depths. Hole depths vary from 42m to 284m.
elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar Laboratory analyses have been completed on all samples collected from the drilling.
dip and azimuth of the hole
down hole length and interception depth
hole length.
If the exclusion of this information is justified on the basis that the information is not Material and this
exclusion does not detract from the understanding of the report, the Competent Person should clearly
explain why this is the case.
Data aggregation In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade No data aggregation methods were used.
methods truncations (e.g., cutting of high grades) and cut-off grades are usually Material and should be stated.
Where aggregate intercepts incorporate short lengths of high-grade results and longer lengths of low-
grade results, the procedure used for such aggregation should be stated and some typical examples of
such aggregations should be shown in detail.
The assumptions usedfor any reporting of metal equivalent values should be clearly stated.
Relationship These relationships are particularly important in the reporting of Exploration Results. The holes drilled were reconnaissance in nature.
between If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be
mineralisation reported.
widths and If it is not known and only the down hole lengths are reported, there should be a clear statement to this
intercept lengths effect (e.g., ‘down hole length, true width not known’).
Diagrams Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any The drilling data has been tabulated and sections drawn where appropriate.
significant discovery being reported These should include, but not be limited to a plan view of drill hole
collar locations and appropriate sectional views.
Balanced reporting Where comprehensive reporting of all Exploration Results is not practicable, representative reporting Refer to figures and tables in the body of the ASX release
of both low and high grades and/or widths should be practiced avoiding misleading reporting of While significant results have been highlighted from laboratory analyses, the reconnaissance nature of
Exploration Results. much of the RC samples mayresult in manyholes containingno significant intersections.
Other substantive Other exploration data, if meaningful and material, should be reported including (but not limited to): The drill program was designed to test various areas of interest identified from modelling of the historic
exploration data geological observations; geophysical survey results; geochemical survey results; bulk samples – size data pertaining to the Whundo Copper-zinc resource.
and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock
characteristics; potential deleterious or contaminating substances.
Further work The nature and scale of planned further work (e.g., tests for lateral extensions or depth extensions or The drill program was focussed on testing for lateral and deeper extensions to the Whundo copper-zinc
large-scale step-out drilling). deposit. Once all assay results are reviewed in the context of historic drill data further drill programs may
Diagrams clearly highlighting the areas of possible extensions, including the main geological be proposed.
interpretations andfuture drilling areas, provided this information is not commercially sensitive.

Greentech Metals Limited | ACN 648 958 561 | Level 8, 99 St Georges Tce, Perth WA 6000

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ASX code: GRE | +61 8 9486 4036 | [email protected]| www.greentechmetals.com.au

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