What is the latest update regarding Greenwing Resources (ASX:GW1)?

Greenwing Resources has appointed lithium brine specialists Zelandez to conduct a formal Scoping Study for its San Jorge Lithium Project in Argentina. This move marks the project's official transition from the exploration phase to the development phase.

Why is the appointment of Zelandez significant for Greenwing Resources (ASX:GW1)?

Zelandez is a specialist firm in lithium brine management, and their involvement brings technical rigour to the San Jorge Project's process design. By leveraging their expertise in brine testing, Greenwing aims to de-risk the project for shareholders and optimise extraction efficiency.

What extraction methods is Greenwing Resources (ASX:GW1) considering?

The Scoping Study will evaluate multiple production pathways, specifically comparing traditional solar evaporation ponds against modern Direct Lithium Extraction technologies.

What makes the San Jorge Project site geologically attractive?

Early assessments of the San Francisco Salar indicate a favourable geological setting with high transmissivity. In brine operations, high transmissivity is essential because it allows the lithium-bearing water to flow efficiently through the subsurface to pumping wells.

How does this news change the investment thesis for Greenwing Resources (ASX:GW1)?

This update shifts the investment thesis from "pure exploration" to "early-stage development," which typically reduces some geological uncertainty but introduces execution risk. While the project is now on a formal path toward production, investors should note that the company remains in a speculative stage with a share price of approximately $0.051.

What are the main bull and bear points for Greenwing Resources (ASX:GW1) right now?

The bull case rests on the project's location in the "Lithium Triangle" and the use of expert consultants to fast-track production in a high-demand EV market. The bear case involves the inherent risks of mining in Argentina, potential share price dilution to fund future development, and the uncertainty of whether DLE technology will be commercially viable for this specific brine.

Image for illustrative purposes only. Not a real photo.

Greenwing Resources taps Zelandez for San Jorge scoping study

Written by Heidi Cuthbert Published Apr 8, 2026, 5:14 AMLast Updated Jul 6, 2026, 10:30 AM

Greenwing Resources (ASX:GW1) announced an advancement in its South American operations, appointing the renowned lithium brine management specialists, Zelandez, to lead a comprehensive scoping study for the San Jorge Lithium Project.

The strategic partnership aims to establish a robust technical and economic framework, leveraging Zelandez's expertise in advanced brine testing and process design to optimise future extraction methods.

The scoping study represents a critical transition from exploration to development.

It will evaluate various production pathways, including traditional solar evaporation and modern direct lithium extraction technologies, to determine the most sustainable and cost-effective route for the high-grade brine identified at the site.

Early assessments of the San Francisco Salar suggest a favourable geological setting with high transmissivity, which is vital for commercial-scale brine recovery.

By engaging Zelandez, Greenwing is prioritising technical rigour to de-risk the project for investors and stakeholders.

As the global demand for battery-grade lithium continues to surge, driven by the electric vehicle revolution, the commencement of this study marks a vital step in fast-tracking San Jorge towards production.

At the time of reporting, Greenwing Resources’ share price was $0.051.

Greenwing Resources taps Zelandez for San Jorge scoping study

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