Green Technology Metals pleased with consistent high-grade lithium
August 09, 2023 at 01:16 am IST
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Green Technology Metals Ltd (ASX:GT1) CEO Luke Cox tells Proactive the Root Bay lithium deposit continues to impress following the latest batch of high-grade lithium hits from infill diamond drilling. Assays from another 26 holes at the Root Project in Ontario, Canada, have delivered the best drill result to date - a 17.6-metre intersection grading 1.77% lithium oxide from 195.5 metres.
So far, GT1 has completed 78 holes and more than 12,800 metres of drilling, meaning it’s just beyond the halfway mark in its 22,000-metre campaign.
Cox said: “The infill diamond drilling program is now over 50% complete at Root Bay and we are pleased to see the continued consistent high-grade results, providing confidence in our maiden resource estimate.
“We are looking forward to receiving the remaining drill results at Root Bay and releasing our updated mineral resource estimate in the fourth quarter of 2023.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
Jonathan@proactiveinvestors.com
Company Website
https://www.proactiveinvestors.com.au
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Green Technology Metals Limited is an Australia-based vertically integrated lithium company. The Company is focused on the lithium exploration and development business in Ontario, Canada. The Company has a tenement base of approximately 40,797 hectares through the execution of multiple option agreements and tenement pegging activities. The Companyâs projects include Seymour, Root and Wisa. The Seymour Project is located near the township of Armstrong and approximately 250 kilometers (km) north of the city and port of Thunder Bay. The Root Project is located near the First Nation community of Slate Falls and approximately 300 km northwest of Thunder Bay. The Wisa Project is located approximately eight km north of the United States Border and approximately 100 km east of Fort Francis, the border town to the United States.