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Green Technology Metals kicks-off three-stage exploration program across Canadian lithium portfolio

Published 26/06/2023, 10:57 am
Green Technology Metals kicks-off three-stage exploration program across Canadian lithium portfolio

Green Technology Metals Ltd (ASX:GT1) has initiated an expansive field exploration season, intending to build on its existing 22.5-million-tonne lithium resource base in projects close to a planned lithium conversion facility at Thunder Bay port in Ontario, Canada.

At the Root Project, GT1 will look for new discoveries east and west of the highly prospective Root Bay prospect, where the company recently produced a maiden resource estimate of 8.1 million tonnes at 1.32% lithium.

The company will also investigate outcropping spodumene in the 'Goldilocks Zone' at the Allison project and similar outcropping mineralisation at the Pennock, Trist, Superb and Tape Lake projects.

“The exploration season has kicked off with immediate success at Root Bay with exploration teams venturing out across all our 56,000 hectares of prime lithium real estate to bolster our 22.5 million tonnes of resource created during the 2022 exploration season,” Green Technology Metals CEO Luke Cox said.

Three-phase exploration

GT1 is exploring its lithium portfolio in three stages this exploration season:

  • Phase 1 - Field exploration at Tape Lake target - Junior Lake, Superb Lake, Root, Allison. Infill drilling Root Bay.
  • Phase 2 - Field exploration - Junior Lake, Pennock, North Seymour, Falcon.
  • Phase 3 - Infill drilling at Seymour exploration drilling priority targets generated from above Phase 1 & 2 field exploration.
Drilling has already begun at Root Bay, where GT1 aims to complete 22,000 metres of extensional and infill drilling – 19 holes have been completed over 3,741 metres so far, with results expected sometime in July.

The company is engaging in widespread field exploration at the deposit, which has already identified lithium-caesium-tantalum (LCT) pegmatite outcrops along a 1.4-kilometre strike.

Ontario project locations.

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