Alien Metals notes GreenTech quarterly update on Munni Munni and Whundo projects

UFO

Alien Metals Limited (LON:UFO) notes that GreenTech Metals Limited (ASX: GRE), in which Alien Metals holds an investment, has released its Quarterly Activities Report for the period ended 30 June 2026.

During the quarter, GreenTech continued to advance its flagship Munni Munni PGE-Copper-Nickel Project and the adjacent Whundo Copper-Zinc-Gold Project in Western Australia.

Highlights:

·Results from the Phase 1 drilling programme at the Munni Munni Project demonstrated new, thicker platinum group element (“PGE”), copper and nickel mineralised zones, while also validating historical drilling through twin hole drilling and core resampling.
·GreenTech continued work on a JORC (2012) Mineral Resource Estimate for the Munni Munni Project, with resource re-estimation focused on copper-dominant domains and metallurgical testwork advancing the production of a primary copper-PGE concentrate and supporting Net Smelter Return (NSR) parameters.
·Following the quarter end, an independent geochemical review identified a 5km by 2km copper anomaly and discrete high-priority exploration targets around the base of the Munni Munni intrusion. Government co-funded Fixed Loop Electromagnetic (FLEM) surveys have commenced to test for conductors that may represent massive sulphide accumulations ahead of follow-up drilling.
·GreenTech announced mobilisation for its upcoming drill programme at the Munni Munni and Whundo Projects, comprising approximately 4,750m of reverse circulation drilling and 3,560m of diamond drilling. Drilling will initially focus on existing cleared drill pads ahead of a heritage survey scheduled to commence on 10 August 2026.
·GreenTech strengthened its technical team through the appointments of Heida Mani and Rachel Backus and remains fully funded following its A$7.5 million placement.

Alien holds a 30% interest, free carried to the completion of a bankable feasibility study at Munni Munni, and holds 37.9 million shares in GreenTech, representing an approximate 10% interest in the issued share capital of GreenTech.

The full GreenTech Quarterly Activities Report & Appendix 5B can be found below:

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