Resources Top 5: Anax hits zinc-silver outside resource, GCM drives thermal tech

Detailed summary

Anax Metals’ drilling returns broad zinc-silver southwest of Mons Cupri NW pit, GCM signs joint development deal with China's JSY. ... Read More The post Resources Top 5: Anax…

Anax hits zinc-silver outside the resource at Mon Cupri. Pic: Getty Images

Drilling southwest of the Mons Cupri NW pit within Anax Metals’ Whim Creek project in WA has returned a zinc-lead-silver intersection of 16.52m grading 1.06% copper equivalent in hole 26ANXDD007 outside the existing resource.

Hole 26ANXDD005A is believed to have defined the southern margins of the system after returning lower lead and silver while 26ANXDD009 returned stacked copper-zinc-silver zones.

The results outline the framework of a potential new lens plunging shallowly to the southwest.

A four hole follow-up program is underway to define its initial geometry and grade while downhole magnetometric resistivity has started to provide additional vectoring data.

The 2026 program is scheduled to finish in early December 2026 with 20 holes for about 6200m completed.

Results will determine the scope of ongoing work at Mons Cupri in 2027.

Commercialisation of GCM Corp’s thermal management technology has taken a big step forward after it signed a 24-month joint development agreement with Chinese manufacturer Shenzhen Jinshiyu Technology (JSY).

The two companies will jointly develop an integrated thermal management product combining GCM’s Very High Density heat plate technology with JSY’s zipper fin technology.

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