Green Technology Metals buoyed by Root Bay Lithium amid LGES deal
June 02, 2023 at 07:01 pm
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Green Technology Metals Ltd (ASX:GT1) CEO Luke Cox briefs Proactive on the company’s deal with battery giant LG Energy Solutions (LGES) and growing resource prospectivity at the Root Bay lithium prospect in Ontario, Canada. Cox says infill drilling is underway following an initial campaign, wherein Root Bay delivered some of the highest grade lithium from any of GT1’s projects to date. The findings come just one week after the company attracted a A$20 million strategic investment and offtake deal with LGES, priming it to bring its Seymour asset through exploration and feasibility work.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
Jonathan@proactiveinvestors.com
Company Website
https://www.proactiveinvestors.com.au
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Green Technology Metals Limited is an Australia-based vertically integrated lithium company. The Company is focused on the lithium exploration and development business in Ontario, Canada. The Company has a tenement base of approximately 40,797 hectares through the execution of multiple option agreements and tenement pegging activities. The Companyâs projects include Seymour, Root and Wisa. The Seymour Project is located near the township of Armstrong and approximately 250 kilometers (km) north of the city and port of Thunder Bay. The Root Project is located near the First Nation community of Slate Falls and approximately 300 km northwest of Thunder Bay. The Wisa Project is located approximately eight km north of the United States Border and approximately 100 km east of Fort Francis, the border town to the United States.