GTI Resources - GTR(ASX) News & Expert Insights from Stockhead

GTI Resources is uniquely positioned for upcomming US uranium demand & the WA gold boom.

Henry Mountains Project Utah

The Jeffrey, Rats Nest and Moki projects are part of the Company’s ~1,500 hectares of land holdings in the Henry Mountains region of Utah, within Garfield and Wayne Counties. The region forms part of the prolific Colorado Plateau uranium province which historically provided the most important uranium resources in the USA. Sandstone hosted ores have been mined in the region since 1904 and the mining region has historically produced in excess of 17.5Mt @ 2,400ppm U₃O₈ (92 mlbs U₃O₈) and 12,500 ppm V₂O₅ (482 mlbs V₂O₅)².

The region benefits from well‐established infrastructure and a mature mining industry. The White Mesa mill, the only conventional fully licensed and operational uranium/vanadium combination mill in the United States, is located within trucking distance of the Properties. The mill is owned and operated by Energy Fuels Inc. and is set up to process the sandstone hosted uranium & vanadium rich ores that have been mined in the region for many decades.

GTI is moving to rapidly advance its projects in Utah given the potential to supply high‐grade uranium ore to help fill existing local mill processing capacity. GTI is also actively looking for value accretive opportunities to expand its US project portfolio in this space.

Niagara (Kookynie) Gold Project

The Niagara project is located ~6km southwest of Kookynie in the central goldfields of WA. The project comprises one granted exploration licence, E40/342 and six contiguous prospecting licence applications including existing applications. Access to the project is provided via Goldfields Highway from the town of Menzies and the sealed Kookynie Road which bisects the northern part of exploration licence E40/342 and the southern part of P40/1506.

KEY PEOPLE

Bruce Lane | Executive Director

Mr Lane has significant experience in ASX listed and large industrial companies. Mr Lane has held management positions in a number of global blue chip companies as well as resource companies and start ups in New Zealand, Europe and Australia.

Mr Lane holds a masters degree from London Business School and is a graduate member of the Australian Institute Of Company Directors.

Nathan Lude | Non-Executive Chairman

Mr Lude has broad experience working in the asset and fund management, mining and the energy industry. Mr Lude is the founding Director of corporate advisory firm Advantage Management and has previously held directorships with ASX listed mining companies.

Currently Executive Director of ASX listed Ansila Energy NL (ASX:ANA). Mr Lude has grown a large business network across Australia and Asia and has strong ties with Australian broking firms, institutions and Asian investors.

Petar Tomasevic | Non-Executive Director

Mr Tomasevic is the managing director of Vert Capital Pty Ltd, a financial services company specialising in mineral acquisition and asset implementation. He has worked with a number of ASX listed companies in marketing and investor relations roles. Mr Tomasevic is fluent in 5 languages and is currently appointed as a French and Balkans language specialist to assist in project evaluation for ASX listed junior explorers.