Green Technology Metals Continues to Raise Confidence in Root Bay Lithium Deposit

THE DRILL SERGEANT: Green Technology Metals (ASX: GT1) REPORTED lithium assay results from the Root Bay deposit at the company’s 100 per cent-owned Root project in Ontario, Canada.

The Root project is located approximately close to GT1’s Seymour project and comprises several pegmatite deposits with varying degrees of exploration development and hosts a maiden Inferred Mineral Resource estimate of 12.6 million tonnes at 1.21 per cent lithium oxide (Li2O) from its advanced prospect areas McCombe and Root Bay.

Green technology Metals received assay results from Root Bay it claims to continue to demonstrate the consistency of high-grade mineralisation across the Root Bay deposit, including:

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17.1 metres at 1.77 per cent Li2O from 71m;

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17.2m at 1.74 per cent Li20 from 57.2m; and

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19.6m at 1.50 per cent Li20 from 26.9m.

The company signalled drill testing is planned for the Eastern and Western strike, including its New spodumene discovery 1.4 kilometres along strike and west of the Root Bay deposit, which has extended the mineralised trend to over 2.7km.

To date, 45 holes for 7,668m have been completed from the planned 22,000m program with assays pending for 36 holes.

“We maintain a strong focus on advancing exploration efforts at the Root project, in addition to having multiple field teams engaged in prospecting activities, we currently have two drill rigs operating non-stop at Root Bay with the preliminary results continuing to instil confidence in our resource and validate the ongoing presence of consistent high-grade intercepts within the deposit,” Green Technology Metals CEO Luke Cox said in the company’s ASX announcement.

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE