Clear development pathway for GT1’s flagship Seymour Lithium project to be construction ready in 2024
First year of Seymour field exploration covered 2,030 Ha, second year will encompass the unexplored North Seymour tenements covering 15,140 Ha
North Seymour tenements exhibits similar geology, structure and geophysical features which host the North Aubry deposit MRE 9.9 Mt @ 1.04% Li2O
Seymour regional geochemical data analysis underway to determine prospectivity and generation of new exploration targets
In addition to exploration, geotechnical and development drilling has been completed at Seymour, supporting permitting, approvals and infrastructure planning
Group 2023 exploration plan is currently in development to evaluate and prioritise exploration for the upcoming field season across GT1’s large 56,000 Ha project areas that remain underexplored
Green Technology Metals Limited (ASX: GT1) (GT1 or the Company), aCanadian-focused multi-asset lithium business, is pleased to provide an update on the exploration activities undertaken at it’s flagship Seymour Project in Ontario, Canada.
“Over the past 6 months we have been focused on fast-tracking the Aubry hard rock spodumene deposits at Seymour from exploration into development and have successfully accelerated our development activities at the project to be construction ready next year.
Exploration to date on the Aubry deposits has focused on increasing tonnes and increasing confidence levels of material feeding into a centralised concentrator, however a much larger portion of the Seymour project that sits to the north with the same greenstone belt, remains highly prospective yet unexplored for lithium bearing pegmatites. This year we are looking forward to starting our maiden exploration program as we step out on the Northern tenements proximal to the Seymour hub and believe the area is highly prospective for potential new discoveries”.
- GT1 Chief Executive Officer, Luke Cox