Highlights
More than 50 drill holes intersecting spodumene bearing pegmatite at McCombe deposit, Root
New spodumene bearing pegmatites intersected in the northeast quadrant of McCombe
Assays received for a further eight diamond holes including:
- RL-22-0022: 14.0m @ 1.35% Li2O from 47.4m (incl. 13.1m @ 1.43% Li2O from 47.4m)
- RL-22-0023: 13.1m @ 1.39% Li2O from 12.4m
- RL-22-0018: 12.6m @ 1.18% Li2O from 51.8m (incl. 7.0m @ 2.06% Li2O from 51.0m)
- RL-22-0017: 6.2m @ 1.29% Li2O from 53.9m (incl. 3.5m @ 2.12% Li2O from 55.0m)
Phase 1 definition drilling; 22 holes completed all assays received
Phase 2 extensional drilling in progress with strong visual spodumene logged in all holes; 28 holes completed, assays still pending
Second drill rig mobilising to Morrison, located 1 km east of McCombe to target known spodumene bearing pegmatites
Maiden Root Mineral Resource Estimate on track for Q1 2023
Green Technology Metals Limited (ASX: GT1) (GT1 or the Company), a Canadian-focused multi-asset lithium business, is pleased to announce further high-grade lithium assay results from its 100%-owned Root Project, located approximately 200km west of its flagship Seymour Project in Ontario, Canada. Drilling at Root initially focussed on the McCombe LCT pegmatite system, targeting rapid delineation of a maiden Mineral Resource Estimate, and has now expanded to the Morrison prospect.
“The high-grade assays received from Phase 1 drilling are very encouraging as we progressively increase the resource at McCombe. Phase 2 drilling has continued to intersect additional pegmatites to the northeast and the whole deposit is still open along strike and down dip. The second dill rig has now mobilised to the Morrison prospect, so looking forward to continued progress through the winter”
- GT1 Chief Executive Officer, Luke Cox