Just the Facts: Green Technology Metals

Green Technology Metals Ltd (ASX: GT1) has extended lithium mineralisation at the Junior Lithium Project in Ontario, Canada and here to report Just the Facts is Proactive’s Tylah Tully.

GT1 has also established a maiden exploration target, demonstrating its commitment to building a pre-eminent vertically integrated lithium business.

The Junior Project, which is 20 kilometres from its Seymour Project, has shown strong lithium grades and multiple pegmatite occurrences, suggesting possible stacked pegmatites or a larger intrusive system.

The company has estimated a conceptual exploration target of 4 to 9 million tonnes at a grade of 1 to 1.5% lithium oxide.

Recent exploration success at the Junior Project includes the discovery of a new mineralised zone at the Despard prospect and extensions to previously identified zones, with rock chip samples returning up to 5.06% lithium oxide.

These findings support the company’s strategy to develop the Eastern Hub resource base, which will provide long-term feed for the planned concentrator at the Seymour Project.

The company says although there’s still a lot more ground to cover at Junior and historic work to validate, this field season has highlighted that its exploration strategy is effective.

It will continue exploring and generating new targets ahead of its maiden drill program at Junior.
The company also announced it has completed the first tranche of an $8 million strategic investment from EcoPro Innovation Co.

The funds will be allocated to Green Technology’s Definitive Feasibility Study for the Seymour Lithium Project and the Lithium Conversion Facility PFS, alongside general working capital.

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