Overview
Stage | Permitting |
Mine Type | Open Pit |
Commodities |
|
Mining Method |
|
Mine Life | 15 years (as of Jan 1, 2023) |
The PEA analysis considered two project development options: - Mine and Concentrators evaluate the economics of production from both the Seymour Project and the Root Project, without the Converter. - Integrated Project evaluates the economics of the Integrated project that includes the mines, concentrators and Lithium Hydroxide facility.
The projects have been strategically divided into three distinct stages of development: - Stage 1 - Initially developing the North and South Aubury deposits at the Seymour project, processing ore through a concentrator to produce a spodumene concentrate for sale for the first three years of operation and feed for the converter thereafter. - Stage 2 – Developing a Lithium Conversion facility that will process the concentrate to produce a Lithium Hydroxide Monohydrate. - Stage 3 - Development of mines and concentrator at the Root project, to ensure consistent feed to the proposed conversion facility once the Seymour has depleted. |
Latest News | Electric Royalties Provides Six Updates on Its Nickel, Graphite, Lithium, and Manganese Royalties February 29, 2024 |
Source:
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The Seymour Property is 100% owned by Green TM Resources (Canada) Ltd, a wholly-owned subsidiary of Green Technology Metals Ltd.
Contractors
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Deposit Type
- Pegmatite
- Metamorphic hosted
Summary:
The Seymour and Root Properties lie within the Precambrian Canadian Shield that underlies approximately 60% of Ontario. The Shield can be divided into three major geological and physiographic regions, from the oldest in the northwest to the youngest in the southeast. All projects are located in the highly prospective greenstone belts that have regional history of spodumene bearing pegmatite discoveries and occurrences.
EASTERN HUB - Seymour
The general geological setting of the Seymour Lithium Asset consists of the Precambrian Canadian Shield that underlies approximately 60% of Ontario. The Shield can be divided into three major geological and physiographic regions, from the oldest in the northwest to the youngest in the southeast.
The Seymour Lithium Asset is located within the eastern part of the Wabigoon Subprovince, near the boundary with the English River Subprovince to the north. These subprovinces are part of the Superior Craton, comprised mainly of Archaean rocks but also containing some Mesoproterozoic rocks such as the Nipigon Diabase.
The bedrock is best exposed along the flanks of steep-sided valleys scoured by glaciers during the recent ice ages. The exposed bedrock is commonly metamorphosed basaltic rock, of which some varieties have well-preserved pillows that have been intensely flattened in areas of high tectonic strain. Intercalated between layers of basalt are lesser amounts of schists derived from sedimentary rocks an ........
Summary:
The Project supports conventional and proven mining and spodumene concentration technology. The spodumene bearing ore will be extracted from open pits.
EASTERN HUB - Seymour
The Seymour project comprises of two open pits: North Aubry and South Aubry. Waste rock will be placed into one Mine Rock Storage Area (MRSA) located to the northwest of the site. The processing plant has been located central to the pits and tailings storage facilities.
WESTERN HUB - Root
The Root project comprises of two distinct but closely situated open pits: Root Bay and McCombe. The Root Bay Pit is the larger of the two and the processing plant will be constructed adjacent to it. The ore from McCombe Pit will be hauled to the processing plant using a 9.5 km long haul road. Waste rock will be placed into two Mine Rock Storage Areas (MRSA) at Root and one MRSA at McCombe.
Seymour and Root were scheduled independently but were combined in the cost model as the start of Root is dependent on Seymour and maintaining the 1.5Mt per annum product feed. In both schedules the mining fleet configuration was influenced by the production rate, mill throughput, strip ratio and the extents of the proposed open pits.
At Seymour two mining excavators were selected to make up the mining fleet, a 250 t Fleet to prioritise bulk waste movement and another 250 t excavator to focus on mining feed material. One of the 250 t excavator will remove most of the waste in each ........
Source:
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Flow Sheet:
Summary:
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Source:
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Projected Production:
Commodity | Units | Avg. Annual | LOM |
Spodumene
|
kt
| 207 | 2,900 |
Li2O
|
kt
| ...... | |
All production numbers are expressed as concentrate.
Operational Metrics:
Metrics | |
Annual ore mining rate
| ...... |
Stripping / waste ratio
| ...... |
Waste tonnes, LOM
| ...... |
Ore tonnes mined, LOM
| ...... |
Total tonnes mined, LOM
| ...... |
Tonnes processed, LOM
| ...... |
* According to 2023 study.
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Reserves at November 21, 2023:
Mineral Resource estimate figures constrained to US$4,000 open pit shell and reported above a 0.2% cut-off grade.
Category | Tonnage | Commodity | Grade |
Total Resource
|
24.9 Mt
|
Li2O
|
1.13 %
|
Required Heavy Mobile Equipment as of December 7, 2023:
HME Type | Size |
Excavator
|
250 t
|
Corporate Filings & Presentations:
Document | Year |
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2024
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2023
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2023
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2023
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2023
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