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GREEN TECHNOLOGY METALS

FLAG SHIP SEYMOUR PROJECT

9.9 Mt at 1.04% Li2O resource in accordance with the JORC Code

The Flagship Seymour project is located near the township of Armstrong and approximately 230km north of the city and port of Thunder Bay. Seymour is rapidly moving from exploration to development to be construction ready by 2024.

HIGHLIGHTS


15,140 Ha

The Seymour project is comprised of a large 15,140 hectares (151.4km2) land holding

9.9Mt @ 1.04% Li20
Mineral Resource estimate of 9.9 Mt @ 1.04% Li2O (comprised of 5.2 Mt at 1.29% Li2O Indicated and 4.7 Mt at 0.76% Li2O Inferred)

72%

Course Spodumene Concentrate produced for initial HLS testwork for Seymour with Lithium recovery exceeding 72%

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The Seymour project covers the Archean Green Stone belt, highly prospective for LCT pegmatites and hosts a Mineral Resource of 9.9Mt at 1.04% Li20 in accordance with the JORC code. 

The project still remains largely underexplored with focus on accelerated drilling and development activities on the Aubry deposits in the Southern Seymour tenement area to fast-track the project into production. 

EXPLORATION

The southern Seymour project area comprises of 4 high priority target areas; Aubry Complex, Pye East Limb, Pye West Limb and Forsythe, plus a number of highly prospective target areas that require further drill testing.  Exploration to date has only covered 2,000 hectares of the 15,140 hectare project andXX,XXXm of drilling has been completed during the 2022 drilling campaigns with immediate success at the Aubry deposit

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Exploration is now expanding to the Northern Seymour project area comprised of 9,135 hectare (91.35km2) that is highly prospective and had no previous exploration. The tenements cover  the same greenstone belt as the Aubry deposits and exhibits many of the same structural and geophysical features which the company believe are the controls of the spodumene and pegmatite mineralisation and emplacement. 

See full report

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DEVELOPMENT

Multiple project Development activities underway Seymour preparation to move into development in 2024, subject to approval and support from our Indigenous and community partners.

  Completed 2 out of the required 3 years of environmental baseline studies

  • Preliminary Heavy Liquid Separation Test Work – Complete

  • Formal Submission of Project Definition to Ontario Minister of Mines 

  • Mining Lease application submitted and survey instructions received

  • Commencing Indigenous and Public consultation

  • Advance Environmental Impact assessments, with environmental baseline studies in final year

  • Metallurgical test work including, Bulk Sample, DMS variability, flowsheet optimisation and chemical conversion programs

  • Concentrator, Infrastructure and Converter design

  • Development of Project Execution Plan

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SEYMOUR DEVELOPMENT 

  • Seymour - Rapidly advancing project development

  • Year 3 of the required 3 years of environmental baseline studies

  • Preliminary Heavy Liquid Separation Test Work – Complete

  • Ongoing Indigenous and Public consultation

  • Environmental Impact assessments, with environmental baseline studies in final year

  • Metallurgical test work including, Bulk Sample, DMS variability, flowsheet optimisation and chemical conversion programs

  • Concentrator, Infrastructure and Converter design

  • Preliminary Economic Assessment and immediate commencement of Feasibility Study

  • Development of Project Execution Plan

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