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Green Technology Metals Kicking Off Junior Lithium Project Drilling Program

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THE DRILL SERGEANT: Green Technology Metals (ASX: GT1) is kicking off drilling at the company’s Junior lithium project in Ontario, Canada.

Green Technology Metals informed the market that a diamond drilling program will be got underway at the Junior project, focusing on what the company considers as a “highly prospective target area” called Despard.

The drilling will be undertaken over two 3,450 metre programs, with the second phase, contingent on the success of the first phase priority exploration targets.

Recent field exploration at the Despard prospect identified pegmatite material over a 750m strike extent and a new zone containing LCT pegmatite, discovered and mapped along 200m of strike, south-west to the pegmatite within the Main Zone.

“We are excited to start the maiden drilling program at the highly prospective Junior Project,” Green Technology Metals managing director Cameron Henry said in the company’s ASX announcement.

“This drilling program has been prioritised to commence this year as it is a part of the company’s flow-through spend commitments for this calendar year.

“The Junior Project carries a rich history and field exploration success over the past two years by the GT1 exploration team, has further validated its potential.

“The Junior Project is an important part of our Eastern Hub development strategy and advancing resource development here will be instrumental in providing long-term feed for the planned concentrator at the Seymour Project.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Lithium Explorers Rebut Recent Sentiment

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COMMODITY CAPERS: Although there has been some pain for lithium stocks of late, it seems the essential battery starter is doing its best to escape from being clumped in with other underperforming commodities.

This week some of the bigger players in the lithium space enjoyed some slight gains with IGO (up 4.9 per cent) and Pilbara Minerals (up 6.3 per cent) on Wednesday helping to lead the mining sector (up 0.5 per cent) higher on that particular day.

There was also plenty of action in amongst the smaller participants during the week who, it seems, are prepared to take on market sentiment and not succumb like their nickel counterparts.

 

 

TG Metals (ASX: TG6) informed the market of an encounter with further lithium mineralisation whilst drilling at the Burmeister prospect within the company’s Lake Johnston lithium-nickel-gold project in Western Australia.

TG Metals reported assays from an ongoing diamond drilling campaign it said had confirmed continued intersections of spodumene bearing pegmatites exhibiting high lithium oxide (Li2O) grades.

Results included

TGRCD0043
23.5 metres at 1.52 per cent Li2O from 127.4m, including 6.6m at 1.55 per cent Li2O from 127.4m and 14m at 1.67 per cent Li2O from 136.5m;

TGRCD0032
10.5m at 1.6 per cent Li2O from 87.2m; and

TGRCD0037
7.6m at 1.37 per cent Li2O from 119.4m and 1.6m at 2.32 per cent Li2O from 97.7m.

“These initial results from the 2024 drilling confirm Burmeister as a significant high-grade spodumene lithium discovery with excellent potential as a near term major deposit,” TG Metals CEO David Selfe said in the company’s ASX announcement.

“This large mineralised system continues to show upside with thick pegmatite intervals intersected up dip from the original discovery holes.

“The drilling program has provided sufficient core sample for our first round of metallurgical testwork which will now begin in earnest.

“The results of this will add to the planning for resource drill out at Burmeister.

“Permitting on the promising Jaegermeister prospect is progressing well with field activities nearing completion.

“In addition, we will be testing wider expanses of the soil anomaly with seismic geophysics to further inform the lithium pegmatite geological model and our drill targeting.

“We look forward to the next round of drilling on Burmeister and the first drilling on our other highly prospective targets at Jaegermeister and Tay.”

TO READ THE FULL TG METALS ANNOUNCEMENT: CLICK HERE

TG Metals CEO David Selfe and Wally Graham at the 2024 RIU Explorers Conference in Fremantle

 

Widgie Nickel (ASX: WIN) may consider a change of shingle having carried out a targeted review of its entire tenement package for lithium-caesium-tantalum (LCT) pegmatites in 2023 following the company’s Faraday lithium discovery in October 2022.

The review identified prospects surrounding Faraday-Trainline, Voyager, Farson4 and other regional targets, which are now being systematically assessed via reconnaissance campaigns.

The latest of these is the Gemini prospect, located 600m north of Atomic 3 and extends the lithium trend to 1.2km from Voyager lithium prospect.

Visible spodumene has been identified in the field supported by high-grade rock chip assays.

“Widgie’s lithium exploration program is starting to paint a bigger picture of endowment,” Widgie Nickel managing director and CEO Steve Norregaard said in the company’s ASX announcement.

“Hot on the heels of the Farson discovery we have identified another new high-grade lithium occurrence at a new prospect named Gemini with indications that there may be a substantial feeder system in close proximity.

“Boots on the ground geology is paying dividends with these additional results from our 2024 field program re-evaluating the whole of Widgie’s tenure for lithium.

“The systematic approach starting with grassroots mapping and sampling has been validated by these high-grade lithium results.

“This is only the beginning.

“Widgie is well positioned to make further discoveries in the highly prospective Lithium Corridor and is ideally set to build on an already established lithium resource base of 13,500 tonnes of contained Li2O and its substantial nickel endowment of 190,300 tonnes of contained nickel.”

TO READ THE FULL WIDGIE NICKEL ANNOUNCEMENT: CLICK HERE

 

 

Asra Minerals (ASX: ASR) extended its lithium exploration tenure by entering an option agreement to add two new tenements to its Lake Johnston project portfolio.

Asra Minerals’ Southern Hub at the Lake Johnston project will expand to 550 square kilometres of land in the southern Yilgarn region of Western Australia some 150km south-west of Kalgoorlie.

The company described the ground as “fertile geological ground for LCT pegmatites”,noting it to be surrounded by several lithium projects.

“Recent lithium bearing pegmatite discoveries, and investment by Rio Tinto into the Lake Johnston area, validates the districts enormous critical mineral potential, and its vastly under-explored status,” Asra Minerals managing director Rob Longley said in the company’s ASX announcement.

“The long term outlook for lithium is strong and new discoveries in Tier 1 jurisdictions like Western Australia are vital to support the growing demand for critical minerals and decarbonisation efforts, globally.

“Recent funding by the Government to assist early stage critical mineral exploration companies to grow end-to-end supply chains with Australia’s International partners is further evidence of the global efforts to encourage exploration and discoveries.

“Asra’s Southern Hub will be expanded as prospective ground becomes available to explore and improve our chances of discovery in the highly enriched and easily accessible southern Yilgarn area of WA.

“We are excited to partner up with the respected Geoscientists at Waree to explore two additional EL’s that adjoin our current holding at Lake Johnston.”

TO READ THE FULL ASRA MINERALS ANNOUNCEMENT: CLICK HERE

 

 

Green Technology Metals (ASX: GT1) announced infill lithium assay results returned from the North and South Aubry deposit located at the company’s Seymour lithium project in Canada.

Green Technology Metals reported an encounter with high-grade long intervals more than 20m thick and with grades up to 2.92 per cent Li20, which it claims to continue to confirm strong continuity of lithium mineralisation at the North Aubry deposit.

The infill results will assist a Mineral Resource Estimate upgrade for Seymour Green Technology Metals currently has underway, enabling improved Resource confidence category levels to feed more tonnes into an upcoming DFS.

The drilling achieved the best high-grade drilling intercept returned to date across the company’s portfolio of:

GTDD-23-0446
24.2m at 2.69 per cent Li20 from 235.8m, including 22.2m at 2.92 per cent Li20 from 235.8m.

Current North Aubry Mineral resources are 10.3 million tonnes at 1.03 per cent Li2O, representing part of a Global Resource of 24.9 million tonnes at 1.13 per cent Li2O.

“These recent results from infill drilling at Seymour are some of the highest grade and thickness ever defined, further proving the robust nature and quality of the North Aubry pegmatite which is amenable to both open pit mining and simple dense media separation,” Green Technology Metals CEO Luke Cox said in the company’s ASX announcement.

“The team will now start modelling an updated MRE for Seymour increasing the resource confidence level, that will be used in the upcoming Feasibility study.

“Looking ahead to the second half of 2024, we have plans to expand our regional resource base and look forward to commencing our maiden exploration drilling campaign at the nearby highly prospective Junior lithium project, which sits in the same proven fertile greenstone belt as Seymour.”

TO READ THE FULL GREEN TECHNOLOGY METALS ANNOUNCEMENT: CLICK HERE

Green Technolgy Metals CEO Luke Cox and Wally Graham at the 2024 RIU Explorers Conference in Fremantle

 

 

 

Green Technology Metals Increases Seymour Resource Confidence

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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.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Green Technology Metals Increases Resource and Confidence Level at Root Bay

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THE DRILL SERGEANT: Green Technology Metals (ASX: GT1) entered the South-West Connect ASX Showcase with a confident stride after announcing an updated Mineral Resource Estimate (MRE) for the company’s 100 per cent-owned Root project in Ontario, Canada.

Green Technology Metals increased the Root Bay Lithium Mineral Resource Estimate (MRE) by 25 per cent, taking it to 10.1 million tonnes at 1.29 per cent lithium oxide (Li20).

The new figures increase the company’s global resource inventory in Ontario that includes its flagship Seymour project to 24.5 million tonnes at 1.14 per cent Li20.

Of note is 93 per cent of the Root MRE sitting in the higher confidence, Indicated JORC category.

“We are pleased with the recent 25 per cent increase in the Mineral Resource Estimate at the Root Bay deposit, especially within the higher confidence, Indicated category,” Green Technology Metals CEO Luke Cox said in the company’s ASX announcement.

“This significant update has propelled Root Bay to become the largest GT1 deposit and still hosts significant down dip extensions that haven’t been included in this update.

“This accomplishment underscores the substantial growth and potential that our projects hold.

“We still have a lot of ground to cover and with time, we will continue increasing our resource base with extensive exploration programs across our highly prospective projects with our primary focus currently on the down dip, eastern and western sides of Root Bay, where we anticipate further exciting developments.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Green Technology Metals Doubles-Up on Canadian Lithium Front

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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

 

 

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

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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:

RB-23-1013
17.1 metres at 1.77 per cent Li2O from 71m;

RB-23-1014
17.2m at 1.74 per cent Li20 from 57.2m; and

RB-23-1009
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

 

Green Technology Metals Increases Ontario Lithium Mineral Resource

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THE DRILL SERGEANT: Green Technology Metals (ASX: GT1) released an updated Inferred Mineral Resource Estimate (MRE) for the company’s 100 per cent-owned Root lithium project in Ontario, Canada.

The updated Inferred MRE for the Root project is 12.6 million tonnes at 1.21 per cent lithium oxide (Li2O) and 62ppm tantalum pentoxide (Ta2O5).

The total MRE incorporates an additional 8.1 million tonnes at 1.32 per cent Li20 from the Root Bay deposit added to the already reported 4.5 million tonnes at 1.01 per cent Li2O from the project’s McCombe deposit.

The Root project is located approximately 200 kilometres from the company’s Seymour project that has an existing MRE of 9.9 million tonnes at 1.04 per cent Li2O (comprised of 5.2Mt at 1.29% Li2O Indicated and 4.7 Mt at 0.76% Li2O Inferred).

“This is just the beginning for our Root lithium project and we are very pleased with ongoing drilling indicating further extension potential along the East-West trend,” Green Technology Metals chief executive officer Luke Cox said in the company’s ASX announcement.

“We still have a lot of untested ground to cover and with time we hope to continue to grow our quality hard rock spodumene lithium resource base in Ontario.

“The Mineral Resource base at Root has now reached critical mass and is transformational for GT1, as it allows us to assess the potential for Root to become a stand-alone project hosting its own concentrator in line with our corporate strategy.”

Green Technology indicated infill drilling will be undertaken to improve the MRE confidence for future economic assessment (i.e. Indicated Resources) as well as to increase overall resource tonnage.

Further studies to support necessary modifying factors will be conducted in concert with the infill drilling.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Green Technology Metals Continues High-Grade Root Bay Lithium Hits

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

The Root project is located some 200 kilometres west of the company’s flagship Seymour project that has an existing Mineral Resource Estimate (MRE) of 9.9 million tonnes at 1.04 per cent lithium oxide (Li2O) (comprised of 5.2Mt at 1.29 per cent Li2O Indicated and 4.7Mt at 0.76 per cent Li2O Inferred).

The Root project has an Inferred MRE of 4.5 million tonnes at 1.01 per cent Li20.

Green Technology anticipates a maiden MRE from Root Bay will add to the current 14.4 million tonnes JORC Resource base across its tenure.

New assay results from Root Bay drilling have demonstrated high-grade quality pegmatites and include:

RB-23-152
16.8 metres at 1.57 per cent Li2O from 152.4m;

RB-23-083
16.5m at 1.55 per cent Li20 from 254.6m;

RB-23-156
15.4m at 1.65 per cent Li20 from 37.1m;

RB-23-040
7.8m at 1.61 per cent Li20 from 216.9m;

RB-23-042
5.9 at 1.59 per cent Li20 from 5.6m; and

RB-23-148
5.9m at 1.46 per cent Li20 from 257.7m.

“Root Bay has returned some of the highest-grade results from any of our projects to date with results now indicating significant potential for a maiden mineral resource estimate from the initial 37-hole diamond drill program,” Green technology Metals chief executive officer Luke Cox said in the company’s ASX announcement.

“We are now working on determining how big the resource potential is at the prospect area and look forward to sharing the results.

“Due to the success of the maiden drilling program, we will now commence infill drilling at Root Bay earlier than planned with two drill rigs mobilised to the project area, ready to commence next week, which will run parallel to the large-scale field exploration program that is currently underway at Root.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Green Technology Metals Encounters High-Grade Lithium at Root Bay

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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:

RB-23-088
17.8 metres at 1.73 per cent Li2O from 99.4m;

RB-23-085
16.0m at 1.58 per cent Li2O from 181.4m; and

RB-23-091
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:

RB-23-347
7.63m at 1.64 per cent Li2O from 81m;

RB-23-362
5.46m at 1.21 per cent Li2O from 44m; and

RB-23-366
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

 

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

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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