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GT1 Secures A$11M Funding for Seymour DFS with First Ore Targeted in 2028

Green Technology Metals (ASX:GT1) secures A$11 million to complete feasibility studies and permitting for its Seymour Lithium Project, aiming for first ore in 2028 amid a recovering lithium market and strong Canadian support. A$11 million recapitalisation through placement and entitlement offer Funding targets DFS completion and permitting for Seymour Project Board and management to be strengthened with […]

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Green Technology Metals joins US defence consortium

Green Technology Metals (ASX:GT1) has been accepted into the Defence Industrial Base Consortium (DIBC), positioning the company within North American defence and critical minerals supply chain The consortium supports collaboration between industry and government stakeholders to strengthen strategic supply chains and accelerate capability development. Acceptance provides Green Technology Metals with access to a network of US Department of Defence stakeholders,

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Work Scope/Contract No 2 - Site access road maintenance includes

  • regular inspections and repairs of the Jack Fish road turn off to Seymour to ensure safe and reliable access for vehicles and equipment
  • upkeep of the Armstrong Accommodation Camp access and internal roads
  • grading, resurfacing, snow removal, and drainage management to prevent erosion and maintain road integrity
  • implementing safety and environmental compliance measures, scheduling routine maintenance, and providing progress reports to stakeholders

 The goal is to maintain optimal road conditions, minimize downtime, and ensure compliance with safety and environmental standards

 Procurement Strategy: Daily rate plus materials

Location: Seymour Mine Site

Equipment: Grader, water cart, drum compactor, snow plough, wheel loader, tipper truck, road sweeper

Likely team size: 2-4 staff on 2 x 2 roster (12-hour day shift)

Duration: 3 years minimum

Work Scope/Contract No 1 - Surface Crushing Plant and Operation for Seymour Mine construction

  • site preparation, supply and installation of crushing and screening equipment
  • establishing operational procedures for material handling and crushing operations to crush excavated waste rock to the appropriate sizes and specifications to serve as construction gravel
  • implementing safety and environmental compliance measures, scheduling regular maintenance, and monitoring systems to ensure optimal performance

The goal is to produce high-quality aggregate materials efficiently while adhering to safety, environmental, and quality standards, and providing regular progress reports to stakeholders

Procurement Strategy: Supply, Install and Operate

Location: Seymour Mine Site

Equipment: Surface Crushing Plant and Loader

Likely team size: 2-3 staff on 2 x 2 roster (12-hour day shift)

Duration: 12 months

Power Supply: by GT1

Feed rock hardness and size: TBA

Final screened product sizes: TBA