Green Technology Metals Encounters High-Grade Lithium at Root Bay

THE DRILL SERGEANT: Green Technology Metals (ASX: GT1) reported lithium assay results from the Root Bay and Morrison prospects within the company’s 100 per cent-owned Root project, located just to the west of its Seymour project in Ontario, Canada.

Green Technology Metals said the drilling at the Root Bay prospect is revealing a multiple, shallow-dipping LCT pegmatite system up to 18m thick, encountering lithium grades up to 1.73 per cent lithium oxide (Li2O).

Highlights from a further 13 diamond holes have been received, returning results that include:

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17.8 metres at 1.73 per cent Li2O from 99.4m;

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16.0m at 1.58 per cent Li2O from 181.4m; and

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14.3m at 1.52 per cent Li2O from 33.1m.

The company completed Phase 2 diamond drilling at Morrison, receiving assays from a further 15 diamond holes with highlights including:

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7.63m at 1.64 per cent Li2O from 81m;

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5.46m at 1.21 per cent Li2O from 44m; and

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7.58m at 0.72 per cent Li2O from 94m including 3.0m at 1.64 per cent Li2O from 95m.

Green Technology Metals indicated a large-scale field exploration program consisting of prospecting, mapping and sampling is about to commence over the Root project to identify additional new drill targets.

“We are very pleased with the pegmatite intercepts and high-grade lithium results received from Root Bay and are eagerly awaiting further assay results to determine the size of the potential maiden resource at the Root Bay prospect,” Green Technology Metals chief executive officer Luke Cox said in the company’s ASX announcement.

“Our drilling and exploration focus is now centred on the 20 kilometres long Root Bay lithium corridor, and we are excited to be undertaking extensive exploration activities over this highly prospective area to add to our current 14.4 million tonnes JORC Resource base.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE