Green Technology Metals Increases Seymour Resource Confidence
THE DRILL SERGEANT: Green Technology Metals (ASX: GT1) provide a Mineral Resource Estimate (MRE) update for the company’s Seymour lithium project in Ontario, Canada.
Green Technology Metals’ latest MRE efforts have resulted in a 13 per cent increase in the indicated category for the Seymour project’s mineral resource to 10.3 million tonnes at 1.03 per cent lithium oxide (Li20).
This new figure contributes to the combined global resource base across the company’s eastern and western hubs in Ontario of 24.9 million tonnes at 1.13 per cent Li2O.
Green Technology Metals explained the revised MRE encompasses two deposits situated within the Aubry complex at Seymour, North Aubry and South Aubry where it has undertaken drilling activities to constrain the updated mineral resource.
While the revised MRE largely aligns with the company’s December 2022 Interim MRE update, Green Technology Metals said other improvements have been made, including improved geological confidence achieved through additional peripheral holes and a comprehensive geological reinterpretation from Bayside Geoscience.
“We are pleased with the mineral resource and confidence increase to our flagship Seymour project a result of a refined geological interpretation,” Green Technology Metals CEO Luke Cox said in the company’s ASX announcement.
“We eagerly anticipate further enhancements to the resource as we continue our ongoing +7,000-meter drilling program and with the commencement of drilling at the newly acquired Junior lithium project in Q1 2024.”
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