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HIGHEST GRADE DRILL INTERCEPT TO DATE AT ROOT PROJECT: 4.06% Li2O



Highlights

  • Exceptional high-grade drill success at McCombe deposit, Root Project.

  • Assays received for a further five holes from the Phase 1 diamond program including:

- RL-22-0013: 8.0m @ 1.72% Li2O from 64.0m (incl. 2.0m @ 4.06% Li2O from 64.6m)

- RL-22-0014: 8.4m @ 1.32% Li2O from 102.0m (incl. 1.0m @ 3.91% Li2O from 103.6m)

- RL-22-0015: 13.4m @ 1.24% Li2O from 28.9m (incl. 1.0m @ 3.16% Li2O from 29.3m)

- RL-22-0016A: 6.3m @ 1.52% Li2O from 66.3m (incl. 1.0m @ 2.38% Li2O from 70.7m)

  • 31 holes have been drilled to date at McCombe with two diamond drill rigs operating 24/7

  • Phase 1 definition drilling completed for 22 holes, assays pending for 8 holes

  • Phase 2 extensional drilling in progress with strong visual spodumene logged in pegmatite intercepts; 9 holes completed, assays pending

  • McCombe potentially joining with the Morrison pegmatite system to form a structure over several kilometres long

  • Grab sample from new spodumene outcrop discovery at Root Bay prospect assayed 2.39% Li2O

  • GT1 opting to begin environmental baseline surveys and permitting process

  • Maiden Root Mineral Resource estimate on track for Q1 2023




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