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HIGH GRADE LITHIUM ASSAYS RETURNED FROM McCOMBE AND DRILLING RESUMED AT SEYMOUR AND ROOT



Highlights

  • Assays received for a further 11 diamond holes at McCombe, Root including:

- RL-22-0041: 15.9m @ 1.12% Li2O from 98.1m (incl. 6.0m @ 1.91% Li2O from 99.0)

- RL-22-0027: 12.3m @ 1.34% Li2O from 3.4m (incl. 11.4m @ 1.41% Li2O from 4.2m)

- RL-22-0035: 12.7m @ 1.28% Li2O from 66.5m - RL-22-0038: 8.4m @ 1.18% Li2O from 81.5m (incl. 5.0m @ 1.91% Li2O from 81.5m)

  • Phase 2 McCombe extensional drilling continuing to explore the lithium bearing pegmatites along strike and down dip

  • All weather camps operational with full complement of staff

  • All weather roads connecting camps to airports and Thunder Bay

  • 6 diamond drill holes completed, and logging and assaying commenced at Morrison, Root

  • Maiden Root Mineral Resource Estimate, on track for Q1 2023



“The high-grade assay results received from Phase 2 extensional drilling at McCombe demonstrate continuation of the lithium bearing pegmatites along strike and down dip. Several additional lithium bearing pegmatites have been intersected to the north-east and drilling will continue to delineate their extent”.

“The second drill rig mobilised to the Morrison prospect just before Christmas and completed 6 diamond holes, all intersecting pegmatite. Logging and assaying are now underway with the rig continuing in a north & west direction towards McCombe”


- GT1 Chief Executive Officer, Luke Cox





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