Green Technology Metals Scores High-Grade Lithium Assays From Root Bay

THE DRILL SERGEANT: Green Technology Metals (ASX: GT1) reported the first lithium assay results from the Root Bay prospect at the company’s 100 per cent-owned Root project, located just down the road from its Seymour project in Ontario, Canada.

Drilling initially targeted the Root Bay outcrop, a large ridge of pegmatite rich in coarse grained spodumene crystals.

Green Technology Metals said drilling has confirmed grades continue with depth (Pegmatite 1) and in a number other spodumene bearing pegmatites (Pegmatites 2 & 3) that were intersected highlighting a stacked system which is shallower and thicker.

Results for hole RB-23-001 returned down dip grade continuity intersections from 79.7 metres, including:

67.1m at 1.13 per cent lithium oxide (Li2O) from 60.9m (Pegmatite 1)
7.3m at 1.44 per cent Li2O from 162.0m (Pegmatite 2)
5.3m at 1.34 per cent Li2O from 174.3m (Pegmatite 3)

Green Technology Metals has received assays for the first three diamond holes at the Root Bay prospect.

Seventeen diamond holes have been completed, leaving 14 pending assays, that have intersected numerous pegmatites along an east-west ridge which the company considers highly prospective for some six kilometres.

“Root Bay is the third prospect located on the eastern side of the Root project with drilling now confirming multiple stacked lithium bearing pegmatites cross cutting a magnetic ridge that extends over six kilometres of highly prospective ground,” Green Technology Metals CEO Luke Cox said in the company’s ASX announcement.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE