Expanding Further Across The Technology Metals Complex Into Lithium

GGG intends to diversify its geographic and commodity footprint through the acquisition of a 51% interest in a strategic lithium project in Spain.

The Villasrubias Lithium Project offers GGG shareholders exposure to a highly prospective lithium project, close to the fast-growing European EV market.

Lithium mineralisation in an area with historic tin-tantalum mineralisation, similar to other spodumene deposits in Australia.
High grades averaging 2.79% Li2O.

Project Villasrubias

• The Villasrubias project consists of a permit of investigation (11.4km2) granted to Technology Metals Europe SL (“TME”) in February 2022.
• Exploration permit was granted an extension for 3 years in May 2022.
• The main target is a set of Aplite and Pegmatite Dykes containing: Lithium (critical raw materials list – EU 2020); Tantalum (critical raw materials list – EU 2020); Niobium (critical raw materials list – EU 2020) & Tin
• The Project is located in the southwest corner of the province of Salamanca (Spain), close to the Portuguese border and 33 km far from Ciudad Rodrigo, district capital next to the A-62 highway (part of the E80 European route, extending from Portugal to Turkey).
• It is part of the Iberian Massif, one of the most important areas for lithium exploration in Europe, with several ongoing projects in both Spain and Portugal.

• Canalita Mine is the highlight of the permit area
• The exploitation subject is Cassiterite
• The mineralisation consists of a set of sub-vertical dykes up to 2 metres thick with minor sub-horizontal branches. The total width in the surface is around 5 metres
• The dyke petrology varies among pegmatite and aplite
  

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