Copper Explorers Lower Today: Greentech, American West Metals and Bubalus Shares Fall

Sonal Goyal

13 November 2026 02:47 PM AEDT

Copper Explorers Lower Today: Greentech, American West Metals and Bubalus Shares Fall

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Key Highlights

Greentech Metals (ASX:GRE), American West Metals (ASX:AW1) and Bubalus Resources (ASX:BUS) all traded lower during the 13 November 2026 session.
Greentech shares were down 7.14%, Bubalus 7.14% and American West Metals 6.90%.
The three explorers are working on copper projects in the West Pilbara, Western Australia and Tasmania.

During the Trading session on 13 November 2026, Greentech Metals Ltd (ASX:GRE) shares were trading at $0.026, down 7.14%, American West Metals Ltd (ASX:AW1) shares were at $0.027, down 6.90%, and Bubalus Resources Ltd (ASX:BUS) shares were at $0.078, down 7.14%. The S&P/ASX 200 was down 0.73% at 9,079.70 at 12:39 pm AEDT over the same session.

Greentech Metals (ASX:GRE)

Greentech's diamond drilling at the Ayshia deposit in its Whundo project returned 4.8 metres at 7.1% copper, 1.2% zinc and 0.9 grams per tonne gold from 367 metres. Eleven further diamond holes were drilled in the quarter, with assays expected in the December quarter, and an updated resource including gold and silver is targeted for that period.

American West Metals (ASX:AW1)

American West Metals defined a maiden exploration target at its Storm Copper Project on 9 November 2026, estimating 110 million to 214 million tonnes at 0.59% to 1.02% copper outside the existing resource. The project already hosts a resource of 28.2 million tonnes at 1.0% copper and an ore reserve of 12.58 million tonnes.

Bubalus Resources (ASX:BUS)

Bubalus signed a binding agreement to acquire the Skyline Copper-Gold Project in western Tasmania after quarter end, subject to conditions precedent. A $3.0 million Capital raising to support the Acquisition is subject to Shareholder approval, and the company held $2.76 million in cash at 30 September 2026.

Final Word

The three companies are working on different copper systems, from a drill-tested deposit in the Pilbara to an exploration target in the same region and a Tasmanian acquisition. Upcoming assays and approvals will shape each path.

FAQs

Q: What did Greentech's Ayshia drilling return?

A: It returned 4.8 metres at 7.1% copper from 367 metres.

Q: How large is the Storm Copper exploration target?

A: The target is 110 million to 214 million tonnes at 0.59% to 1.02% copper, outside the existing resource.

Q: What acquisition did Bubalus agree?

A: It agreed to acquire the Skyline Copper-Gold Project in western Tasmania, subject to conditions.

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