Join our daily newsletter At The Bell to receive exclusive market insights
Green Technology Metals (ASX: GT1) has wrapped up its extensional deep diamond drilling campaign at the Root Lithium Project in Ontario, Canada.
This forms part of the company’s ongoing commitment to expanding resources as it builds a substantial lithium operation in Canada.
The drilling program finished with 14 drill holes totalling 9,132m, targeting mineralisation depth extension below the existing Mineral Resource.
“We are pleased to announce the completion of our extensional deep diamond drilling campaign at the Root Bay deposit,” says Cameron Henry, Managing Director of Green Technology Metals.
Assay results from the extension drill holes have confirmed thick, high-grade lithium intercepts, demonstrating the potential for significant resource expansion.
Assay results include 17.6m at 1.44% Li2O and 9.1m at 1.57% Li2O. Assays for eight holes are pending, expected by mid-February.
The company will update the mineral resource estimate in due course, supporting ongoing underground optimisation studies.
Pegmatites RB006 and RB007 have been defined over a substantial downdip extent, indicating strong continuity.
Green Technology Metals is focused on the lithium exploration and development business.
The company’s Ontario lithium project comprises high-grade, hard rock spodumene assets and lithium exploration claims located on prospective Archean Greenstone tenure in northwest Ontario, Canada.
Green Technology Metals (ASX:GT1) has been trading at 6.5 cents at 1pm Sydney time.
Join the discussion: See what HotCopper users are saying about Green Technology Metals and be part of the conversations that move the markets.
-1200x645-380x200.jpg)