GreenX Metals (ASX:GRX) has initiated exploration activities at its Eleonore North Project in East Greenland, advancing a field program to assess high-priority targets for gold, tungsten and antimony, according to a Wednesday Australian bourse filing.
The exploration program includes specialist assessment of the Noa Pluton prospect, bulk sampling at the North and South Margeries deposits for metallurgical testing, and further investigation of newly identified targets, per the filing.
Rock sampling, archive core assays, and metallurgical test results are expected in the coming months, supporting the project's tungsten and antimony potential amid strong critical mineral demand, the filing added.
The company's shares rose 1% in recent Wednesday trade.