Green Technology Metals Limited ( (AU:GT1) ) has issued an announcement.
Green Technology Metals Limited has announced a significant 38% increase in the Mineral Resource Estimate (MRE) for its Root Project in Ontario, Canada, now totaling 20.1 million tonnes at 1.24% Li2O. This expansion strengthens GT1’s total lithium resource inventory in Ontario to 30.4 million tonnes and positions the Root Project as a cornerstone for the company’s long-term feed strategy, supporting its proposed lithium conversion facility. The updated MRE, which includes results from recent drilling, highlights the potential for further resource growth and underscores the success of GT1’s exploration efforts, with the Root Project set to advance in permitting and consultation processes for targeted production by 2030.
More about Green Technology Metals Limited
Green Technology Metals Limited is a Canadian-focused multi-asset lithium business that aims to build a vertically integrated lithium operation in Ontario, Canada. The company is engaged in the exploration and development of lithium projects, with a focus on providing long-term feed for its planned lithium concentrator and hydroxide conversion facility in Thunder Bay.
YTD Price Performance: -45.71%
Average Trading Volume: 182,580
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$14.38M
Learn more about GT1 stock on TipRanks’ Stock Analysis page.