Continued High Grade Lithium At McCombe, Root And Second Rig Mobilized To Morrison, Root

Green Technology Metals Limited (ASX: GT1) (GT1 or the Company), a Canadian-focused multi-asset lithium business, is pleased to announce further high-grade lithium assay results from its 100%-owned Root Project, located approximately 200km west of its flagship Seymour Project in Ontario, Canada. Drilling at Root initially focussed on the McCombe LCT pegmatite system, targeting rapid delineation of a maiden Mineral Resource Estimate, and has now expanded to the Morrison prospect.

HIGHLIGHTS

• More than 50 drill holes intersecting spodumene bearing pegmatite at McCombe deposit, Root
• New spodumene bearing pegmatites intersected in the northeast quadrant of McCombe
• Assays received for a further eight diamond holes including:
  • RL-22-0022: 14.0m @ 1.35% Li2O from 47.4m (incl. 13.1m @ 1.43% Li2O from 47.4m)
  • RL-22-0023: 13.1m @ 1.39% Li2O from 12.4m
  • RL-22-0018: 12.6m @ 1.18% Li2O from 51.8m (incl. 7.0m @ 2.06% Li2O from 51.0m)
  • RL-22-0017: 6.2m @ 1.29% Li2O from 53.9m (incl. 3.5m @ 2.12% Li2O from 55.0m)
• Phase 1 definition drilling; 22 holes completed all assays received
• Phase 2 extensional drilling in progress with strong visual spodumene logged in all holes; 28 holes completed, assays still pending
• Second drill rig mobilising to Morrison, located 1 km east of McCombe to target known spodumene bearing pegmatites
• Maiden Root Mineral Resource Estimate on track for Q1 2023

- GT1 Chief Executive Officer, Luke Cox

McCombe Deposit (Root Project)

The McCombe LCT (Lithium-Caesium-Tantalum) pegmatite is currently the most advanced prospect at the Root Project. Historical drilling completed by previous owners from 1950 to 2016 intersected numerous pegmatites, generally dipping to the south and striking east-west. Phase 1 and Phase 2 drilling by GT1 has now demonstrated McCombe to be a simpler mineralised system consisting of:

• one major pegmatite averaging 10m true thickness (ranging 2m to 19m), striking east-west with shallow dip approximately 30 degrees to the south, open along strike and down dip
  
• two pegmatites striking north-east with shallow to moderate dip to the south with hole RL-22-532 intersecting (down hole):
  • 11.5m @ 5% visual spodumene from 90.2m
  • 21.9m @ 20% visual spodumene from 111.3m
  • 20.8m @ 20% visual spodumene from 156.0m

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