GreenTech Metals Discovers Further High-Grade Lithium Assets
West Pilbara, Western Australia - GreenTech Metals Ltd (ASX: GRE) has reported new high-grade lithium trend discoveries in the reconnaissance rock chip sampling at the West Pilbara Lithium Projects of Ruth Well and Osborne JV. The latest assays have returned up to 3. 6% Li2O pegmatite hosted mineralization from the Osborne JV tenement E47/3719.
New Lithium Pegmatite Trend Confirmed
GreenTech has received 30 new reconnaissance samples from Osborne JV, a joint venture held with Artemis Resources Ltd (ASX: ARV) with a 51% stake of GRE and 49% stake of Artemis. The Osborne JV is situated to the east of the Company's Ruth Well Project. The latest results confirm a new high-grade lithium trend, separate from the initial Kobe discovery, potentially expanding the lithium mineralization in both project areas.
Potential for Significant Expansion
The latest reconnaissance rock chip samples have returned lithium grades of up to 3.
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6% Li2O, indicating a potentially higher-grade lithium trend than the original discovery. The new lithium pegmatite trend and the potential discovery of further lithium pegmatite zones within the existing tenement package are seen as major opportunities for the significant expansion of GreenTech's lithium project area at Ruth Well and Osborne JV.
Maiden Drilling Program Advances
The Osborne pegmatite-bearing zone has been confirmed as a separate mineralised trend to the Kobe discovery. Historic data sets are currently being assessed to identify more lithium pegmatite trends and extensions within the broader Ruth Well project area. GreenTech has advanced preparations and approvals for its maiden drilling program.
Management Commentary
Thomas Reddicliffe, Executive Director of GreenTech Metals, expressed his excitement at the latest results, saying, "GreenTech has established a great foundation in this growing lithium province in the West Pilbara, and these latest results further reinforce our belief that there is significant lithium pegmatite potential on our tenements. "
GreenTech Metals continues to make strides in the exploration and monetisation of the rapidly expanding lithium market, positioning the company for significant growth in the years to come.
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