Green Bridge Metals' Drill Results Show Promising Grades, But Market Remains Skeptical
Green Bridge Metals is making progress on its South Contact Zone Project in Minnesota. The latest assay results from Phase 1 diamond drilling show that one of the holes, TS26-004a, returned 195 meters grading 0.25% copper and 10.18% titanium dioxide. This includes a richer internal interval of 62 meters at 0.29% copper and 10.54% TiO?
The company also identified a new geophysical target with hole TS26-007, which hit 12 meters of mineralisation.
Green Bridge Metals is accelerating Phase 2 drilling to further define the Titac system. The project has five open targets that remain undrilled at Titac South.
The market's response to these developments has been muted, with the stock price down 0.8% on Friday's close and just 19% above its 52-week low.