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    Green Technology Metals impresses with first-hole lithium intercept at North Aubry

    Green Technology Metals (ASX: GT1) has intersected ‘significant’ lithium-bearing pegmatite from the first hole of phase-1 diamond drilling at the North Aubry deposit within its Seymour Project in Ontario, Canada.

    The company reports that hole GTDD-21-0004, which was targeting down-dip extensions beyond an historical hit, returned a continuous intercept of 40m @ 1.54% Li2O from 244m downhole.

    The hole is the first of an 11-hole 3,500m drill program that is tasked with evaluating potential along-strike and down-dip extensions of the North Aubry deposit, along with expanding the current Seymour MRE of 4.8 Mt @ 1.25% Li2O.

    Addressing the results, Green Technology Metals CEO Luke Cox said: “The results returned from our maiden hole at Seymour represent an excellent start to the Phase 1 diamond program. This first hole was located on the north-east extremity of the currently delineated mineralised envelope at Seymour.

    “the result presents strong evidence of the latent high-grade extensional potential of the North Aubry, and broader Seymour, system”

    By intersecting 40 metres thick lithium bearing pegmatite in this area, at such a good grade, the result presents strong evidence of the latent high-grade extensional potential of the North Aubry, and broader Seymour, system. Such sustained thickness down-dip also significantly enhances the potential mining economics at Seymour.”

    Results from GTDD-21-0004 have confirmed pegmatite continuity and thickening down-dip of at least 50m beyond the margins of the existing MRE, which GT1 says provides ‘immediate potential’ for growth.

    Cross section view of North Aubry displaying drill results and mineralisation thickening at depth
    Cross section view of North Aubry displaying drill results and mineralisation thickening at depth. Image: Green Technology Metals Limited

    Further work is set to include geological field mapping of anomalies and associated pegmatites, sampling pegmatites for spodumene, continuation of the 11-hole step-out program at North Aubry, along with drill targeting and further RC and diamond work across the coming 24 months.

    GT1 notes that 2022 drilling has already commenced at Seymour, with its second Phase-1 hole already underway. A second diamond rig has also arrived onsite and is expected to enter operation in the coming week to deliver accelerated dual-cycled drilling progress.

    Jonathan Norris
    Jonathan is a founder of Mining.com.au and has been covering the resources industry since 2018. With over 17 years experience in print, broadcast and online media, Jonathan has seen first hand the transformative effect of online niche media.

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    • Delayed Prices (USD) - Last Updated 23-05-2022
    • Gold $1,846.70
    • Silver $21.77
    • Platinum $954.00
    • Palladium $1,889.00
    • Dalian Iron Ore i2209 $125.95
    • Aluminium $2,946.00
    • Cobalt $75,000.00
    • Copper $9,422.00
    • Lead $2,160.00
    • Nickel $27,973.00
    • Tin $34,665.00
    • Zinc $3,707.00