Wedoany.com Report-Aug. 14, Green Technology Metals, an Australian Securities Exchange-listed company, has secured two additional 21-year mining leases for its Seymour lithium project in Ontario, Canada, from the provincial Ministry of Mines. These leases, together with one granted in December 2023, provide complete coverage for the planned construction site near Armstrong, 230km north of Thunder Bay, spanning 15,140 hectares.

The ASX-listed company now holds full lease coverage for the planned lithium project.

Regulators have determined that the project requires only a provincial environmental assessment, with no federal review needed under the Impact Assessment Act. The company expects to finalize this assessment in the upcoming quarter. Since acquiring the project in 2021, Green Technology Metals has conducted environmental baseline studies, species-specific surveys, and continuous monitoring to support its shift from exploration to development.

Cameron Henry, managing director, highlighted the significance of the milestone, stating: “Our focus remains on advancing the Seymour Project, with a particular emphasis on securing the key permits and approvals required to bring the project into development. The granting of these mining leases marks a major milestone on that critical path and demonstrates our team’s deep understanding of the permitting process and our capability to execute.” He added: “Securing the required mining leases for Seymour significantly de-risks the project and provides the foundation for development of key infrastructure. This achievement reflects four years of sustained effort and a strong, collaborative relationship with the Ontario Ministry of Mines. With the mining leases now in place, this allows us to check off another critical requirement in the permitting process, which is well advanced.”

The company is actively engaging with indigenous communities, integrating their feedback into project planning and permitting processes. A closure plan, necessary for development approval, is being prepared, supported by technical studies and engineering designs submitted to regulators. Green Technology Metals is also addressing input from stakeholders and government agencies to ensure a collaborative approach.

Henry emphasized the company’s commitment, stating: “We remain dedicated to working through the remaining steps to bring Seymour closer to construction and production, and we sincerely thank our indigenous partners and stakeholders for their ongoing engagement throughout this process.” The Seymour project’s progress reflects Green Technology Metals’ dedication to sustainable lithium development, positioning it as a key contributor to Ontario’s mineral resource sector.