Phase one exploration drilling at Green Technology Metals’ (ASX:GT1) Despard prospect area is set to begin on 11 November 2024, targeting 3,450m at the Main Zone within the Junior Lithium Project.
Should the company proceed to phase two it has committed to an additional 3,450m of drilling to test across two other priority areas.
The maiden drilling program at the Junior Lithium Project located in Ontario, Canada has been prioritised this year as it is a part of its flow-through spend commitments for this calendar year.
Managing Director Cameron Henry says the Junior Project “carries a rich history and field exploration success over the past two years by the GT1 exploration team, has further validated its potential”.
“The Junior Project is an important part of our Eastern Hub development strategy and advancing resource development here will be instrumental in providing long-term feed for the planned concentrator at the Seymour Project,” says Henry.
Covering 10,856 hectares (108.5km²), the Junior Project has an exploration target of 4-9Mt at 1-1.5% Li2O. It includes three drill-ready LCT pegmatite occurrences – Despard, Tape, and Swole.
Situated within the Eastern Hub and close to the proposed Seymour mine and concentrator, the project holds strong potential to provide additional nearby feedstock and potentially contribute to extending the lifespan of the mine.
Write to Adam Orlando at Mining.com.au
Images: Green Technology
