Junior takes centre stage as GT1 discovers new mineralised zone

Mapping and sampling work at Green Technology Metals’ Junior lithium project is proving successful with identification of extensions to known mineralisation.

Junior, part of GT1’s Eastern Hub in Canada, continues to show strong grades and multiple pegmatite occurrences. Pic: Getty Images

• Field exploration at the Junior lithium project has identified significant extensions to the known mineralisation

• Rock chip assays have returned high grades up to 5.06% Li₂O

• GT1 is getting ready to start their first drill program at the highly prospective project

Special Report: New exploration targets identified at GT1’s Junior Lithium project are set to play a crucial role in delivering long-term feed to the planned concentrator at Seymour.

North American focused lithium explorer Green Technology Metals (ASX:GT1) is looking to become the first integrated lithium producer in Ontario, Canada.

As part of its development plan, the company acquired the ~109km² Junior lithium project last year, which it believes holds immense prospectivity and will play a crucial role in delivering long-term feed to the planned concentrator at Seymour.

With Junior’s strategic location, only 20km from its 10.3Mt Seymour project, the company views Junior’s role for the Eastern Hub as a similar set-up to many other successful Spodumene projects globally that host multiple deposits.

GT1’s development strategy for its Seymour project remains on track with the company working on a Definitive Feasibility Study to reach FID by early next year bringing them a step closer to become the first lithium producer in Ontario.

Geographical position to Seymour and prospects. Pic: Green Technology Metals

Significant extensions to mineralisation and new zone discovered

GT1 has been busy on the ground at Junior, following up previous field work which has successfully extended the 2023 mapped pegmatites by 500m with high-grade rock chip assays returned up to 5.06% Li₂O.

Additionally, a new zone dubbed the ‘West Zone’, which has mapped along 200m of strike, southwest of previously identified pegmatites showing grades up to 4.46% Li₂O.

GT1 is now ready to move to the next phase of exploration with a maiden 6,900m diamond drilling program planned at the project which they have expressed confidence in by releasing an initial exploration target over the area.

Underexplored and prospective

GT1’s Managing Director Cameron Henry says – “The discovery of a new mineralised zone at Despard and the extension of previously mapped zones demonstrates how underexplored and prospective the area is, further substantiated by high-grade results up to 5.06% Li₂O."

“There is still a lot more ground to cover at Junior and historic work to validate, but this field season has highlighted that our exploration strategy is effective.

“We are eager to continue exploring, making new discoveries, and generating new targets ahead of our maiden drill program at Junior.”

What’s coming up?

The company is looking forward to starting their first drill program at Junior upon receiving final approval from local First Nation partners.

Phase 1 exploration drilling will cover 3,450 metres, with the possibility of an additional 3,450 metres in Phase 2, contingent on the success of Phase 1 drilling.

On the development side of the Seymour project the company is focused on permitting and approvals for the project and completion of the Seymour DFS.

This article was developed in collaboration with Green Technology Metals, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

Originally published as Junior takes centre stage as GT1 discovers new mineralised zone