
March 16, 2022
Green Technology Metals Limited (ASX:GT1) is pleased to provide an update on the diamond drilling activities at its Seymour Lithium Project in Ontario, Canada.
Following recent completion of the highly successful Phase 1 program at the North Aubry deposit, drilling activities have now commenced at both the Central Aubry zone and Pye prospect. The decision to accelerate Phase 3 exploration drilling at Pye to run concurrently with the Phase 2 extensional program at Central Aubry was enabled by the continued availability of the second diamond drill rig currently on site.
“With the recent completion of the Phase 1 program at North Aubry, and the strong outcomes it has returned to date, we are naturally excited to have transitioned to Phase 2 extensional drilling activity at the highly prospective Central Aubry zone. The acceleration of the planned Phase 3 exploration drilling program at the Pye prospect also represents a big opportunity. Pye is a genuinely compelling target at Seymour that has been rapidly unlocked via the geophysical surveying and extensive ground truthing work that GT1 has undertaken over the past six months.” - GT1 Chief Executive Officer, Luke Cox
Phase 1 extensional drilling (North Aubry deposit) completed
HIGHLIGHTS
• Phase 1 extensional diamond drilling program at North Aubry deposit now complete.
• Step-out drilling at North Aubry will be planned in the near term based on pending assay results.
• Two additional thick +10m intersections of spodumene bearing pegmatite intersected at North Aubry.
• Phase 2 drilling commenced: 31 holes for 5,100m at the highly prospective and largely untested, Central Aubry zone of Seymour.
• Phase 3 drilling at the untested Pye prospect, 1.5km east of North Aubry, accelerated and commenced (26 holes for 2,000m).
Click here for the full ASX Release
This article includes content from Green Technology Metals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
GT1:AU
Alert Options
No alert set
INN Article Notification
Alert Option
You will be notified when this event occurs. No additional settings needed.
The Conversation (0)
26 May
DFS Update & Additional Critical Mineral Streams Identified
Green Technology Metals(GT1:AU) has announced DFS Update & Additional Critical Mineral Streams IdentifiedDownload the PDF here. Keep Reading...
04 May
Prospectus
Green Technology Metals (GT1:AU) has announced ProspectusDownload the PDF here. Keep Reading...
01 May
Transformational Recapitalisation to Fund Pathway to FID
Green Technology Metals(GT1:AU) has announced Transformational Recapitalisation To Fund Pathway To FIDDownload the PDF here. Keep Reading...
29 April
Quarterly Activities/Appendix 5B Cash Flow Report
Green Technology Metals (GT1:AU) has announced Quarterly Activities/Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...
28 April
Trading Halt
Green Technology Metals (GT1:AU) has announced Trading HaltDownload the PDF here. Keep Reading...
7h
Rio Tinto Opens Two Argentine Lithium Projects Worth US$1.4 Billion
Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) opened two lithium operations in Argentina's Catamarca province on Thursday (October 29), which is touted to add 25,000 metric tons of annual lithium carbonate equivalent (LCE) capacity once fully ramped up.To date, Rio Tinto has invested roughly US$1.4... Keep Reading...
22 October
Benchmark: New Lithium Mine Needed Every Two Months to Meet 2050 Demand
The lithium industry will need to bring the equivalent of a new mine into production roughly every two months for the next 24 years to keep up with demand, according to new data from Benchmark Mineral Intelligence.Benchmark forecasts global lithium demand will reach about 7 million metric tons... Keep Reading...
19 October
5 Best-performing ASX Lithium Stocks in 2026
After a sharp rally in the first half of the year, lithium prices retreated during the third quarter, surrendering a significant portion of the gains generated in May when carbonate values reached a multi-year high. Data from Benchmark Mineral Intelligence shows FOB Australia spodumene... Keep Reading...
14 October
Lithium Market Trends: Q3 2026 Review and Forecast
Lithium prices lost ground in Q3, giving back much of the momentum built during a sharp first-half rally.The decline came despite demand indicators that market watchers continue to describe as strong, with electric vehicles (EVs) and grid-scale energy storage both pulling on supply. Price action... Keep Reading...
13 October
EU Hybrid EV Cap Sinks Chinese Lithium to 10 Month Low
The EU announced it will cap imports of Chinese hybrid electric vehicles at 350,000 units annually starting this December, sending Chinese lithium futures plunging to a 10 month low.European Trade Commissioner Maros Sefcovic brokered the quota system during recent negotiations held in Beijing.... Keep Reading...
02 October
Sigma Lithium Temporarily Halts Operations in Brazil
Sigma Lithium (TSXV:SGML,NASDAQ:SGML) announced a temporary suspension of all mining and industrial production at its operations in Brazil, citing an "atypical 15-day delay" by the Federal Court of Appeals in reviewing the company’s emergency legal defense against an environmental injunction.The... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00










