Green Technology Metals’ Post

Transcript

GT1 is building a vertically integrated lithium business in Ontario, Canada to supply lithium chemical products into the North American electric vehicle supply chain. Our development strategy includes multiple mine and processing hubs feeding a central lithium conversion facility located in Thunder Bay. The company is proposing to build a lithium mine at Seymour, located just 60 kilometres from the town of Armstrong. This proposed mine will be a simple open pit operation. The raw materials mind at Seymour will be transported to Thunder Bay for further processing. Over the past two years, Green Technology Metals has undertaken various environmental studies to ensure our mind will have a minimal environmental impact. The proposed site has been kept to a minimal footprint highlighted in yellow. We are proposing to develop this project in planned stages over 18 months, the first stage of development. Involve timber harvesting, which we propose to be completed by a local business and building access roads. This work will start in the winter months to avoid affecting wildlife in the area and seasonal bird nesting. The next stage we'll see mining operations commence, extracting rock to be used for the civil earthworks, building the foundation for the operation. We will begin storing owe on the ROM or run of mine pad to be used for commissioning in Stage 3. During this development stage, we will also start to build the processing plant and supporting infrastructure. This will include officers or processing facilities, power supply and workshops. After this construction of water management systems will start whilst plant construction, mine, pre stripping and or stockpiling will commence. Stage 3 will see the completion of the water collection dam. The dam will be lined to capture contact water at the site once construction is finalised or will be introduced to the processing plant, to Commission and to prepare for operations. With commissioning completed, the operational phase of the project will commence. With initial spodumene production underway, the plant will start to ramp up to full production capacity over a three to six month period. Our proposed mining operations will employ conventional open pit mining techniques utilizing drill and blast methods, followed by the haulage of ore and waste using commercially available mining equipment. Spodumene bearing ores are delivered from the mine to the run of mine or ROM stockpiles. They will then be treated through the process plant to produce between 150,000 to 200, 000 tonnes per year of spodumene concentrate with a grade between 5.5 to 6.0% lithium oxide. The process plant makes use of commercially proven and industry standard mineral processing technology known as dense media separation or DMS to liberate and. Concentrate spodumene from the feed ore. DMS makes use of the difference in relative density between lithium bearing spodumene minerals and other rock and material types to separate them. The DMS process is currently used in several operating mining operations globally. In addition to spodumene concentrate products, the plant also produces middlings, fines, and processing solid rejects that will be stockpiled. All of these materials are not toxic nor hazardous. Waste rock removed from the mining areas will be stored in the mine rock storage area together with DMS Process plant waste materials. The company will manage the mining and rock storage areas to ensure all water runoff from these areas will be contained on site and to ensure noise and dust from mining equipment and vehicles are carefully controlled and managed. Green Technology Metals is taking a proactive approach to the management of water within the project area. All water in contact with operational. Areas will be captured in the outlined catchment zones by carefully designed runoff collection and seepage systems that surround the site areas. The contact water will be directed to the water dam and stored during the life of the operation. Water that is not in contact with or impacted by areas of operation or non contact water will follow existing watersheds to the environment. The Company will undertake ongoing monitoring and analysis of water quality both within and around the operation site during the construction and operational periods to ensure it is meeting its permitted requirements. A comprehensive closure plan is being developed to outline the progressive rehabilitation of the site both during operations. And importantly, after Operation cease. At the end of mining operations, water in the South Dam that has been managed through the life of the operation will be progressively pumped off the dam and treated through a water treatment plant before being stored in the mined out pits. Once water is fully removed from the dam, the dam will be decommissioned followed by progressive revegetation of the catchment area. Eventually the mining pits will fill with water and naturally over top and discharge to the environment through a series of passive filtration systems to ensure no discharge of any concentrated build up. Over the years, waste rock areas will be managed on an ongoing basis and will be profiled to minimize erosion and blend into existing landforms. Followed by planting of trees and vegetation. Process plant area, equipment, buildings and infrastructure will be decommissioned and removed after operations are complete and the area is progressively rehabilitated with replacement of topsoil and ongoing revegetation. As part of the project development, the company will upgrade the Jackfish Rd. that connects the project site to Hwy. 527 via the Town of Armstrong. The road upgrade will ensure safe, reliable road conditions all year round and will additionally benefit forest management and harvesting activities in the area. A bypass Rd. will also be upgraded around Armstrong Town site to minimise community impacts from increased heavy vehicle traffic to and from the project site. Spodumene concentrate product will be loaded into trucks and transported via Rd. approximately 300 kilometres to Thunder Bay, where GT1 and Eco Pro Innovation are planning to form a joint venture to build a lithium chemical conversion or refining facility. Thunder Bay is an established city with significant historical economic importance from forestry, mining and other industrial activity whilst acting as a transportation gateway via the Great Lakes to the US and the world. The Lithium Conversion facility will process spodumene concentrate material to produce refined high purity lithium chemicals for use in battery manufacturing for the electric vehicle or EV supply chain in North America. Initially, a single process train will be developed. And the conversion facility. The facility can be expanded in the future with further process trains to support further mine developments in Ontario and Canada. Several suitable existing sites in Thunder Bay are currently being evaluated for the conversion facility. The facility will be designed using Eco Pros patented technology for lithium extraction and their expertise in lithium conversion processes that incorporates best practices in the management and minimization of health, social and environmental impacts. The company will undertake all required environmental and social baseline work in order to comply with statutory requirements to receive permits and approvals to operate. Thunder Bay has existing established ports that can support the facility and enable the export of lithium chemical products. The Companies Root project is located approximately 500 kilometres from Thunder Bay. The project has already identified a 14.6 million tonne mineral resource estimate and has significant exploration upside potential based on known drilling completed at depth nearby exploration targets. Further drilling is currently planned to be undertaken to confirm the additional exploration target. An open pit mining operation and processing facility using DMS and flotation technologies is envisaged to produce spodumene concentrates to feed to the planned conversion facility in Thunder Bay. Site access is via existing all weather roads and a 230 kilovolt power line that passes through the site will provide low cost hydropower to power the site and its infrastructure. A preliminary economic assessment for the project was completed in 2023, outlining strong economics. Critical environmental baseline studies have commenced and key permitting applications are in progress. Further studies and project development works will be progressed with the aim of first production in 2029 to align with the production ramp up of the Chemical conversion facility in Thunder Bay. Green Technology Metals is committed to becoming the first chemicals and concentrates producer in Ontario. We strive to become a sustainable long term business aligned with Canada's critical mineral strategy to deliver the critical materials necessary for a cleaner future.