GreenX Metals Limited has announced the commencement of an airborne geophysical survey at its Tannenberg Copper Project in Germany, marking the first major exploration effort at the site in over four decades. The project, part of the BHP Xplor program initiated in January 2025, is set to benefit from approximately 600 line-km of high-resolution helicopter-borne magnetic and radiometric measurements. The survey, covering a 58 km² area with a 602-line kilometre flight path using a nose boom configuration for safer operation over mixed environments, is designed to identify deposit-scale faults and delineate the extent of historical underground workings across the historical Richelsdorf Mining District. Funded entirely by the BHP Xplor program with USD 500,000, the survey is aimed at unlocking the potential of an expanded Tannenberg project area, which now spans roughly 1,900 km². The region’s history of copper mining, combined with promising historical drill results, suggests significant prospects for new discoveries of shallow, high-grade copper and silver mineralisation. Alongside the survey, GreenX Metals Limited has successfully closed a share placement of 7.1 million fully paid ordinary shares at A$0.65 per share, raising approximately A$4.6 million in gross proceeds. With existing cash resources of A$3.7 million as of 30 April 2025, the company is well-positioned to support ongoing exploration and further business development. The recent developments form an integral part of a larger 2025 exploration program. In addition to the airborne survey, planned initiatives include re-logging and re-assaying historical core samples, hyperspectral scanning, and thorough analysis of archived geophysical and mining data. These efforts are expected to enhance the geological model of the project and pave the way for future exploration activities, building on a solid foundation of early-stage discovery and modern technological applications. Market sentiment can be seen from two perspectives. On the bullish side, the strategic collaboration with BHP and the funding secured through the BHP Xplor program add significant credibility to GreenX's exploration efforts. The potential for large-scale, shallow mineralisation and a well-funded balance sheet position boosts investor confidence in the project’s prospects. Conversely, a bearish view may be expressed by noting that the Tannenberg project remains in its early exploration phase, with results from the survey and ensuing studies yet to materialise. As with many early-stage exploration projects, uncertainties about mineral deposit scale and economic viability might temper short-term investor enthusiasm. Overall, the announcement reflects a proactive step by GreenX Metals Limited to advance the Tannenberg Copper Project using modern geophysical techniques, supported by a strong financial foundation and collaborative industry backing. Beginner traders should consider the balanced potential and inherent risks associated with early-stage exploration projects when evaluating the company’s future prospects.