Green Technology Metals Doubles-Up on Canadian Lithium Front

THE DRILL SERGEANT: Green Technology Metals (ASX: GT1) released a double-banger announcement this morning with news from the Eastern Hub at the company’s 100 per cent-owned projects in Ontario, Canada.

Green Technology Metals has completed a five-month field exploration effort over the Eastern Hub, which has led to the confirmation of additional LCT pegmatite outcrops across the Junior lithium project.

The Junior project is located 22km east of GT1’s main Seymour project, covering approx. 109 square kilometres of tenure.

GT1 recent field exploration highlights include:

 LCT spodumene-bearing pegmatites measuring up to 40 metres in length and approximately 6m in width surface exposure;

 Lithia grade up to 3.23 per cent lithium oxide (Li2O) returned from rock chip samples with visible spodumene mineralisation;

 Junior now boasts proven grade and multiple occurrences, indicating the likelihood of stacked pegmatites or a potentially fertile intrusive system with the potential to add to GT1’s eastern-hub resource base; and

 Similar magnetic signatures to other GT1 advanced lithium deposits such as Root Bay.

Elsewhere, Green Technology Metals recommenced diamond drilling at the Seymour project on with a diamond drill program to be primarily focused on infill drilling to upgrade the resource at the North and South Aubry deposits that is planned to run until December 2023.

Several priority exploration targets will also be drilled in parallel to the exploration program located to the North of North Aubry.

Following the initial drilling program at Seymour the company will begin a maiden drilling program at the nearby Junior project.

“This has been a big exploration season for GT1 with field teams covering a large amount of ground over the Eastern Hub, with proven success at Tape Lake, part of the Junior project, as a highlight, showcasing immense regional potential,” Green Technology Metals CEO Luke Cox said in the company’s ASX announcement.

“Proven grades and multiple occurrences hint at stacked pegmatites or a fertile intrusive system, promising significant expansion of GT1’s eastern-hub resource base.

“Furthermore, we’re pleased to announce the renewal of our Exploration Agreement with Whitesand First Nation, showing support for Seymour, Falcon, and Junior projects.

“We extend our gratitude to our Indigenous partners for allowing us to work in their Traditional Territory.

“As we conclude our field exploration activities for the season, our attention now shifts back to drilling at our flagship Seymour project and the planning of our maiden drilling campaign at Tape Lake.

“The coming months will be busy, with multiple rigs operating simultaneously at our Root Bay deposit and Seymour with ongoing Seymour development activities in the background.

“Stay tuned for updates on our progress.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE