HIGHLIGHTS
Assays received for further seven holes from Phase 1 step-out diamond drilling of North Aubry deposit at GT1’s flagship Seymour Lithium Project.
Additional thick, high-grade extensional intercepts of North Aubry deposit including:
GTDD-22-0014 for 4.5m @ 0.61% Li2O from 250.7m (incl. 2.5m @ 1.01% Li2O)
GTDD-22-0013 for 18.2m @ 1.10% Li2O from 304.2m (incl. 3.1m @ 2.05% Li2O)
GTDD-22-0001 for 10.5m @ 1.77% Li2O from 123.2m (incl. 7.0m @ 2.11% Li2O)
Further northern step-out drilling of North Aubry deposit commenced; hole GTDD-22-0320 intercepts 10.7m of pegmatite with significant visible spodumene (assays pending), extending the known North Aubry pegmatite a further 150m down-dip from the nearest intercept.
Results from Phase 1 drilling (assays now returned for all 16 holes) indicate substantial potential upside to existing Seymour Mineral Resource estimate of 4.8 Mt @ 1.25% Li2O1.
Updated Mineral Resource estimate for Seymour on track for completion during Q2 CY2022.
No significant lithium intercepts >1.0% Li20 were returned from initial exploration drilling of the eastern Central Aubry zone (7 holes) and Pye prospect (6 holes).
Drilling is targeted to resume from June at both Central Aubry (western) and Pye (targeting LCTtype pegmatites of over 250m strike that were identified in the initial drilling).