Permitting milestone for Green Technology Metals on Seymour development path

• Green Technology Metals secures two additional 21-year mining leases at Seymour
• A key step in de-risking Seymour’s pathway to development 
• The company thanks indigenous partners and stakeholders for their ongoing engagement 

Special Report: The Ontario Ministry of Mines has granted two 21-year mining leases for Green Technology’s Seymour lithium project with three leases now fully encompassing the proposed mine and infrastructure area. 

This marks a significant regulatory milestone and a critical step in de-risking Seymour’s pathway to development. 

Green Technology Metals (ASX:GT1) has spent the last four years committed to permitting and development work, including ongoing engagement with indigenous communities.

Since acquiring the asset in 2021, the company has undertaken comprehensive environmental assessment work, including a recent owl and fisheries study and has completed season-specific baseline studies. 

Ongoing environmental monitoring continues to inform project planning and ensure potential impacts are identified and responsibly managed. 

GT1 anticipates concluding the provincial environmental assessment in the upcoming quarter, marking another milestone in the project’s permitting timeline. 

The company says the accomplishment takes Seymour closer to a financial investment decision, subject to remaining permits and approvals. 

Focus remains on construction and production 

GT1 managing director Cameron Henry said granting of the mining leases marked a major milestone on that critical path and demonstrated the team’s deep understanding of the permitting process. 

“Securing the required mining leases for Seymour significantly de-risks the project and provides the foundation for development of key infrastructure,” he said. 

“With the mining leases now in place, this allows us to check off another critical requirement in the permitting process which is well advanced. 

“We remain dedicated to working through the remaining steps to bring Seymour closer to construction and production.” 

What’s next? 

A key focus area in the permitting process has been the development of the Closure Plan, which remains ongoing. 

Significant time and effort have been dedicated to this workstream since 2023, including detailed technical studies, engineering designs and extensive engagement with indigenous partners. 

Finalising the project details integrated into the Closure Plan is essential to securing the approvals required for project development. Regulatory submissions for these have been submitted. 

GT1 is actively addressing review comments from Indigenous communities, stakeholders and government agencies on the closure plan as well as the submissions for these other approvals. 

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.