High Grade Lithium Assays Returned from McCombe and Drilling Resumed at Seymour and 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 was initially focussed on the McCombe LCT pegmatite system, targeting rapid delineation of a maiden Mineral Resource Estimate, but has now expanded to the Morrison prospect, situated 1 km east of McCombe. Drilling is actively underway in 2023 with 2 drill rigs working day + night shift at Root.

• Assays received for a further 11 diamond holes at McCombe, Root including:
  • RL-22-0041: 15.9m @ 1.12% Li2O from 98.1m (incl. 6.0m @ 1.91% Li2O from 99.0)
  • RL-22-0027: 12.3m @ 1.34% Li2O from 3.4m (incl. 11.4m @ 1.41% Li2O from 4.2m)
  • RL-22-0035: 12.7m @ 1.28% Li2O from 66.5m
  • RL-22-0038: 8.4m @ 1.18% Li2O from 81.5m (incl. 5.0m @ 1.91% Li2O from 81.5m)

• Phase 2 McCombe extensional drilling continuing to explore the lithium bearing pegmatites along strike and down dip
• All weather camps operational with full complement of staff
• All weather roads connecting camps to airports and Thunder Bay
• 6 diamond drill holes completed, and logging and assaying commenced at Morrison, Root
• Maiden Root Mineral Resource Estimate, on track for Q1 2023

“The high-grade assay results received from Phase 2 extensional drilling at McCombe demonstrate continuation of the lithium bearing pegmatites along strike and down dip. Several additional lithium bearing pegmatites have been intersected to the north-east and drilling will continue to delineate their extent”.

“The second drill rig mobilised to the Morrison prospect just before Christmas and completed 6 diamond holes, all intersecting pegmatite. Logging and assaying are now underway with the rig continuing in a north & west direction towards McCombe”

- GT1 Chief Executive Officer, Luke Cox

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