FINWIRES · TerminalLIVE
FINWIRES

GreenX Metals Establishes Exploration Target for Germany Copper Project

By

GreenX Metals (ASX:GRX) established an exploration target for the Tannenberg copper project in Germany, according to a Thursday Australian bourse filing.

The conceptual target stands at 144 million tonnes to 279 million tonnes at 0.9% to 1.4% grade of copper and 15 grams per tonne to 21 g/t grade of silver for 1.3 million tonnes to 3.9 million tonnes of copper and 69 million ounces to 188 million ounces of silver,

The target captures mineralization in the hanging wall above and footwall below the Kupferschiefer shale horizon. An initial drill program is expected to commence late in the year.

The firm plans to conduct mineral and desktop metallurgical analysis of material collected from the archive core in the June quarter. It will also access historical underground mines for scoping study-level metallurgical test work, chip sampling, mapping, and surveying, per the filing.

Related Articles

Asia

Finder Energy Holdings Seeks Cornerstone Approvals for Timor Sea Oil Project

Finder Energy Holdings (ASX:FDR) said it is seeking two cornerstone approvals for its Kuda Tasi and Jahal oil fields in the Timor Sea with the filing of an environmental impact statement and a field development plan, according to a Thursday filing with the Australian bourse.The company is progressing toward a final investment decision for the project slated for the middle of the year, with first oil targeted for late 2027 or early 2028, per the filing.Finder Energy said preparations for its 2027 drilling campaign are progressing with rig contracting, key procurement activities, and drilling management tenders underway.

$ASX:FDR
Asia

Vulcan Energy Achieves Financial Close for Europe Project

Vulcan Energy Resources (ASX:VUL) achieved financial close for the Lionheart project in Europe as part of the 2.2 billion euros equity and debt financing arrangements, according to a Thursday Australian bourse filing.Lionheart involves the construction of an integrated lithium and renewable energy project in the Upper Rhine Valley brine field between Germany and France, targeting production capacity of 24,000 tonnes of lithium hydroxide monohydrate, with a co-product of 275 gigawatts-hour (GWh) of renewable power and 560 GWh of heat per annum for local consumers, over an estimated 30-year project life.

$ASX:VUL
Asia

HealthCo Healthcare and Wellness REIT Discloses Mount Private Hospital Agreement Between Healthscope, Bethesda Health Care

HealthCo Healthcare and Wellness REIT (ASX:HCW) said the Unlisted Healthcare Fund and troubled hospital operator Healthscope reached an agreement with Bethesda Health Care for the Mount Private Hospital in Western Australia, according to a Thursday filing with the Australian bourse.As part of the operator agreement, Healthscope will surrender its existing lease, and Bethesda will start its new long-term lease in the first quarter of fiscal 2027.The Western Australia state government will provide financial support to Bethesda to facilitate the transition of the Mount Private Hospital, while the state's public healthcare system will engage the hospital's facilities for services such as elective surgeries to help alleviate pressure on the public waiting list, per the filing.The face rent will remain unchanged, and the Unlisted Healthcare Fund will provide rental incentives in line with previous disclosures.Meanwhile, Healthscope's receiver has granted a due-diligence period to alternative operators for all 27 of its remaining hospitals as the parties work to ensure continuity of service and an orderly transition.HealthCo Healthcare said it has executable new lease agreements in place for 10 other Healthscope hospitals on a state-by-state basis with Healthe Care in Victoria, Acurio Health in New South Wales, and KnG Healthcare in Queensland.The company and Unlisted Healthcare Fund have received all the rent due from Healthscope through May.

$ASX:HCW