Canadian-focused multi-asset lithium business Green Technology Metals (ASX:GT1) has now intersected spodumene-bearing pegmatites up to 23m thick to the east of the Root Bay deposit highlighting the fertility of the area.
The company says initial lithium assay results returned from its 100% owned Root Project, located some 200km west of the flagship Seymour Lithium Project in Ontario, Canada suggests significant potential for repetition of the Root Bay deposit, along strike.
GT1 Chief Executive Officer Luke Cox says geophysical interpretation has also delineated similar regional structural settings to the east and north of the Root Bay area, highlighting how underexplored and prospective the area is for future discoveries.
GT1’s exploration at its Root project has so far revealed multiple stacked LCT pegmatites and a Mineral Resource Estimate of 14.6Mt @ 1.21% Li2O1F 1 (comprised of 9.4Mt @ 1.30% Li20 indicated and 5.2Mt at 1.03% Li2O inferred from the McCombe and Root Bay deposits.
An extensive 46 hole, 8,440m diamond drill program underway focused across the underexplored Eastern and Western Extension to the Root Bay deposit.
The trend remains open and is categorised as highly prospective as the geological trend can be traced over the entire length of GT1’s tenement through the highly magnetic BIF unit that runs along the northern boundary of the Root Bay deposit.
Write to Adam Orlando at Mining.com.au
Images: GT1
