GT1 0.00% 9.0¢ green technology metals limited

Ann: High-Grade Lithium Results in Stacked Pegmatites at Root Bay, page-17

  1. 2,867 Posts.
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    There are several reasons why I'm thrilled about this company:

    1 - Impressive Lithium Inventory: GT1 has been hitting high-grade lithium consistently, moving closer to a maiden resource at McCombe, part of their Root project in Ontario. Their recent results, including findings like 13.1m @ 1.43% Li2O, showcase their potential in the lithium space. Remember, ore grade for a hard rock lithium deposit usually falls between 0.8-1.5%.

    2 - Strategic Partnerships: GT1 is not operating in a vacuum. They have heavyweight partners like Primero, Lithium Americas Corp, and AMCI, lending the company both credibility and resources. This collaboration is setting GT1 on a fast track to their first spodumene production in 2025.

    3 - Progressive Exploration: GT1's exploration efforts at its Seymour lithium project and Root project are progressing towards their targets which indicates a well-structured exploration strategy.

    4 - Potential for New Discoveries: With the exploration now extending to the North Seymour tenements, there's potential for new discoveries. The same greenstone belt that hosts the North Aubry deposit is largely unexplored and highly prospective for lithium-bearing pegmatites.

    5 - Strong Market Positioning: As the demand for lithium continues to rise due to its crucial role in battery technology for electric vehicles and renewable energy storage, GT1's focus on lithium resource exploration puts it in a strong market position.

    Additionally, GT1 has recently confirmed a maiden mineral resource estimate for its Root project in Ontario, Canada. The estimate stands at an impressive 4.5 million tonnes at 1.01% lithium and 110 parts per million tantalum. Covering a 1.5-kilometer strike length at the McCombe prospect, this resource adds to GT1's total mineral resources, which now amount to 14.4 million tonnes across its two wholly-owned Ontario projects.

    The latest drilling results at the Root Bay Prospect have further highlighted the potential of GT1. The drilling program has revealed lithium grades up to 1.73% Li2O and the identification of 13 stacked lithium-bearing pegmatites, reaching thicknesses of up to 18 meters along a 1.3-kilometer strike. These findings underscore the significant lithium potential in the Root Bay area and contribute to GT1's overall success in exploring the region.

    In conclusion, GT1's impressive lithium inventory, strategic partnerships, progressive exploration, potential for new discoveries, and strong market positioning make it a compelling company to watch in the lithium exploration space. As always, conduct thorough research and consider multiple factors before making investment decisions.

    DYOR and Happy investing!
 
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