• Founding director Cameron Henry moving to an executive role at emerging lithium developer Green Technology Metals
  • Move leverages his background in lithium processing, engineering and strategic industry knowledge
  • Company also appoints experienced finance executive Scott Gilbert as chief financial officer

 

Green Technology Metals has strengthened its leadership team as it works to establish an vertically integrated lithium business in Ontario.

The company’s wholly-owned lithium projects in Ontario are made up of high-grade, hard rock spodumene assets (Seymour, Root and Wisa) and lithium exploration claims (Allison, Falcon, Gathering, Junior, Pennock and Superb) on the highly prospective Archean Greenstone tenure in northwest Ontario, Canada.

Seymour currently has a resource of 9.9Mt at 1.04% Li2O, more than half of which is in the higher confidence Indicated category while Root has a resource of 12.6Mt at 1.21% Li2O.

All sites are located close to existing infrastructure including clean hydro power generation and transmission facilities, are readily accessible by road and rail networks that offer transport optionality.

Green Technology Metals (ASX:GT1) recently completed a 119 hole infill drilling campaign totalling about 20,000m that returned consistent high-grade lithium intercepts such as:

  • 18.2m at 1.43% Li2O from 336.1m;
  • 16m at 1.52% Li2O from 297.6m; and
  • 17.6m at 1.36% Li2O from 46.7m.

These results are expected to drive an increase in the confidence level of the existing Inferred resource into the Indicated and Measured categories.

 

Stronger leadership to drive development

To position itself for its upcoming growth phase, Green Technology Metals is transitioning founding director and major shareholder Cameron Henry to the role of executive director.

Henry has over 20 years’ experience in managing and operating public companies within the mining industry spanning across a diverse array of commodities encompassing engagements in Australia, Indonesia, North America, and South America.

His most significant role was as the founding managing director of Primero Group, where he led the company into becoming an industry leader in the engineering and construction of lithium processing facilities worldwide.

This experience is likely to be invaluable as the company moves forward with plans to build the first lithium concentrates and chemical business in Ontario.

Green Technology Metals has also appointed Scott Gilbert, who has over 25 years’ of experience in the mining industry, as its chief financial officer.

He has held various escalating senior-level positions within well-established public-listed mining companies, mostly recently as chief financial officer at Wesdome Gold Mines.

Gilbert also held roles at Kinross, Centerra Gold, IAMGOLD, St. Andrew Goldfields and Harte Gold.

His proficiency in both debt and equity financing is essential as the company progresses development of its key projects.

This adds to his deep understanding of risk management, governance, and regulatory requirements and the implementation of robust accounting controls and systems.

“We are thrilled to announce Cameron’s transition into the role of Executive Director, where he will lead the company through this transformative phase as we aim to advance our portfolio of lithium assets,” non-executive chairman John Young said.

“Cameron has been an integral part of our company, serving on the board in a non-executive capacity since its inception.

“His extensive experience and expertise in lithium processing, downstream conversion and marketing add a diverse set of capabilities to our team, positioning us for success as we move forward.”

Young added that Gilvert is a highly regarded chief financial officer with extensive experience in both debt and equity financing, making him well-suited to playing a pivotal role in securing project financing, which would ensure the successful delivery of the company’s projects.

 

Upcoming milestones

The company expects to imminently start a 46 hole Phase 2 extensional drilling campaign to increase the size of the lithium inventory at the Root Bay project.

This will initially focus on the eastern side of the highly prospective, untested 3-kilometre extension of the Root Bay deposit.

The rigs will then move to the western side of the deposit where a new LCT pegmatite was discovered, 1.4km along strike.

 

 

This article was developed in collaboration with Green Technology Metals, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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