Projects / Company Overview

Company Overview

Ontario, Canada

GT1 is well positioned to become the first integrated Lithium chemical producer in the Ontario region.

Located in a Tier-1, low risk mining jurisdiction

Surrounded by excellent existing infrastructure
Prime position to support the North American EV market
Supportive and proactive Government

100% owned projects with a de-risked development pathway

Preliminary Economic Assessment delivered indicating robust economics

 

Milestones achieved 

EcoPro Innovation strategic partnership and A$8m equity investment
Integrated Preliminary Economic Assessment released
Strategic Partnerships - AMCI Group, LG Energy Solution & Lithium Americas Corp
Mining Lease granted over Seymour construction area
Offtake Agreement executed for the first 5 years of production
Application submission for funding for road infrastructure
Application for Invest Ontario for funding for the Conversion Facility

Key statistics

24.9 Mt

Total Mineral Resource Estimate

1.13%

Average Li20 Grade

10

Lithium Project Areas

56,000

Hectares land holding

85%

Tenure undrilled

3 Stage Integrated Strategy

Stage 1:
BECOME THE FIRST PRODUCER
IN ONTARIO
Seymour production from 2026
– minimum 6 years production with opportunity to grow mine life

Stage 2:
ESTABLISH CHEMICAL CONVERSION
SUPPLY CHAIN
Partner and develop conversion facility to receive concentrates and supply into the Ontario/North American market

Stage 3:
GROW AND CONSOLIDATE ADDITIONAL FEED SOURCES
Bring the Root project into production from 2029
– minimum 10 years mine life currently
– resource to grow substantially

Advancing towards production

01

Seymour Project

Drilling programs at Seym0ur & Junior & MRE update
Optimised PEA and DFS
Indigenous Consultation, IBA & Permitting approvals
Further offtake and financing structuring with potential strategic partners
Project level investment and financing
Final Investment Decision (FID)
Clearing and early works

02

Conversion Facility

Preliminary Feasibility Study
Confirm production and delivery strategy for future stages

03

Root Project

Project description submission
Continue baseline Studies
Drilling programs at Root and MRE update
Preliminary Feasibility Study

Our Partners and Investors

We aren’t doing this alone, we have partnered with some of the top lithium experts in the world and we are continuing to establish the group.

Strategic Investor; 16.6% shareholder

  • EcoPro Innovation is Korea’s first high-purity lithium hydroxide manufacturer, with unmatched expertise and patented technology for lithium extraction.
  • Part of a large group with a ~$14B market cap and experience across the entire battery supply chain.
  • Strong Government and Industry ties and experience in financing and operating similar projects.

Strategic Investor; 5.6% shareholder

  • Global scale and expertise in battery manufacturing
  • First ever offtake agreement executed in Ontario
  • Parties to collaborate on future financing initiatives and potential hydroxide co-investment

Strategic Investment and collaboration 3.4% shareholder

  • Strategic collaboration agreement executed for development of a complete hard rock strategy in North America
  • Shared expertise to build a pre eminent vertically integrated lithium chemicals business in North America
  • Access to new projects and funds in North America

Strategic Partner 9.4% shareholder

  • Strong strategic partner to assist with the financial backing to accelerate development
  • Major international mine owner, operator, marketer and strategic equity investor to the natural resource industry
  • Track record of funding developments into operations.

North American Supply Chain

US Battery plants expected to require 40x current LiOH Capacity.

Lithium-ion battery production capacity pipeline to 2030 increases to 8.1 TWh, tracking 372 plants globally.

North American EV battery production forecast to reach 1 TWh annually by 2030.

Even if production from known assets were to double against planned capacities, implied North American demand would exceed supply by 40%.

Lithium demand at unprecedented scale

Lithium supply crunch on unprecedented scale and North America supply chain is still in its infancy, giving major ramifications for downstream supply. Our projects will have a significant impact in and around the region.

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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