Energy & Critical Metals
Green Technology Metals hits the lithium sweet spot at Morrison
Special Report: Maiden assays have been returned at Morrison, the second target on the Root Project, as the company prepares … Read More
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Maiden assays have been returned at Morrison, the second target on the Root Project, as the company prepares for a mineral resource estimate later this quarter.
Drilling at Root was initially on the McCombe LCT pegmatite system, targeting the rapid delineation of a maiden resource estimate, but exploration has since expanded to the Morrison prospect about 1km east.
Green Technology Metals (ASX:GT1) has an aggressive Phase-2 drill program underway with two drill rigs working on a 24-hour basis.
Results received at the first diamond hole include 10.6m at 1.25% Li2O from 54m, including 8m at 1.62% Li2O from 55m – the assays for 12 additional holes remain pending.
Drilling at McCombe, the most advanced prospect at Root, has demonstrated the deposit to be a simpler mineralised system consisting of one major pegmatite averaging 10m true thickness.
Results include 11.7m at 0.91% Li2O from 90.1m, 20.7m at 1.08% Li2O from 113m, and 20.8m at 0.83% Li2O from 156m.
What’s next?
“Morrison is the second target on the Root Project that hosts multiple lithium bearing pegmatites and it’s great news to receive a near surface 10m wide spodumene intercept from the very first hole,” GT1’s CEO Luke Cox says.
The second phase of drilling at Morrison will be designed to test for extensions of the mineralised pegmatites in all directions, infill key sections and rapidly facilitate delineation of a mineral resource estimate.
Phase-2 drilling is also underway at McCombe and will continue to explore the pegmatites along strike and down dip in the coming weeks.
This article was developed in collaboration with Green Technology Metals (ASX:GT1), a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
The post Green Technology Metals hits the lithium sweet spot at Morrison appeared first on Stockhead.
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