Green Technology Metals weighs standalone at Root
PERTH (miningweekly.com) – Lithium hopeful Green Technology Metals will assess the potential for a standalone operation at the Root project, in Ontario, following a mineral resource estimate (MRE) update for the project.
The company on Wednesday reported an inferred maiden MRE of 8.1-million tonnes at 1.32% lithium oxide over the Root Bay deposit, bringing the total MRE over Green Technology Metal’s lithium deposits in the region to 22.5-million tonnes, grading 1.14% lithium oxide.
“This is just the beginning for our Root lithium project and we are very pleased with ongoing drilling indicating further extension potential along the East-West trend,” said CEO Luke Cox.
“We still have a lot of untested ground to cover and with time we hope to continue to grow our quality hard rock spodumene lithium resource base in Ontario. The mineral resource base at Root has now reached critical mass and is transformational for Green Technology Metals, as it allows us to assess the potential for Root to become a standalone project hosting its own concentrator in line with our corporate strategy.”
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