Green Technology Metals Ltd (ASX:GT1) has mapped a clear pathway to development for the flagship Seymour Lithium Project in Canada that would see the tenure construction-ready by 2024.
“Over the past six months we have been focused on fast-tracking the Aubry hard rock spodumene deposits at Seymour from exploration into development and have successfully accelerated our development activities at the project to be construction ready next year,” Green Technology Metals CEO Luke Cox said.
“Exploration to date on the Aubry deposits has focused on increasing tonnes and increasing confidence levels of material feeding into a centralised concentrator, however a much larger portion of the Seymour project that sits to the north with the same greenstone belt, remains highly prospective yet unexplored for lithium-bearing pegmatites.
“This year we are looking forward to starting our maiden exploration program as we step out on the Northern tenements proximal to the Seymour hub and believe the area is highly prospective for potential new discoveries.”
GT1’s efforts at Seymour so far
GT1 explored some 2,000 hectares of the Seymour Lithium Project in the first year of exploration, completing a range of geotechnical and developmental drilling at the tenure which will support future permitting, approvals and infrastructure planning.
The company also completed regional geochemical surveys, the data from which GT1 is in the midst of analysing.
Once modelling is complete, the data will give better guidance for determining prospectivity and generating new exploration targets.
Moving forward, Green Technology Metals intends to explore the remaining 15,140 hectares of the Seymour project.
The northern tenements are of particular interest, as they appear to exhibit similar geology, structure and geophysical features to the North Aubry deposit, which holds a mineral resource estimate of 9.9 million tonnes at 1.04% lithium.