Green Technology Metals unveils significant discovery

Green Technology Metals (ASX: GT1) has announced the discovery of new shallow pegmatites at the Despard Prospect, part of the Junior Lithium Project in Ontario, Canada. This discovery confirms strong lithium grades in a shallow, stacked pegmatite system. Located 20 kilometers east of GT1's Seymour Project, the mineralization at the priority target 'Main Zone' has been confirmed over a 700-meter strike length and up to 200 meters wide, open to the east and west. Initial drill results show high-grade lithium, with assays reporting up to 2.56% Li2O.

Overview of GT1's strategic expansion and future plans

Green Technology Metals (ASX: GT1) has reported the discovery of new pegmatites with significant lithium grades at the Despard Prospect in Ontario, Canada. This discovery strengthens the company's resource base and supports its Eastern Hub development strategy. The drilling program, having completed 21 holes, will continue with plans for 48 more to explore additional target areas. These findings will be integrated into the ongoing Definitive Feasibility Study. GT1 aims to expand its exploration to other areas within the Junior Project, and is committed to sustainable development and partnerships with Indigenous communities. This positions GT1 strategically within the growing lithium market, driven by demand for battery technology and electric vehicles.

Executive insights on Despard Prospect discovery

The discovery at Despard Prospect is a significant milestone for Green Technology Metals. It not only confirms the high-grade lithium potential of the area but also supports our strategic vision for the Eastern Hub development. We are committed to advancing this project and integrating it into our ongoing Definitive Feasibility Study to enhance our resource base and development strategy.