GTI has underscored its commitment towards progressing its Wyoming uranium projects with the appointment of veteran uranium executive James Baughman as an executive director.

Baughman has more than 30 years’ experience in advancing minerals projects from grassroots to an advanced stage and is the former president and chief executive officer of High Plains Uranium, which was sold for US$55m in 2006 to Uranium One.

He has also held senior positions in both private and publicly traded mining and mineral exploration companies during this time.

His appointment follows GTI Energy’s (ASX:GTR) recent acquisition of the Green Mountain project and its move to increase field and corporate activity.

“We are delighted that we have been able to secure Jim’s ongoing services as a director and executive,” executive director Bruce Lane says.

“He brings a wealth of highly relevant technical and commercial experience and relationships that will prove invaluable to GTI as we execute our ISR uranium strategy in Wyoming.”

Wyoming ISR uranium

With Green Mountain added to its assets, GTI’s holdings now total 35,000 acres or ~14,163 hectares over several uranium mineralised roll fronts hosted in the Battle Springs formation, close to several major deposits.

A 30km exploration drilling program is due to start next month targeting development of economically viable ISR amenable uranium resources.

The most advanced of these projects to date is the Thor Project located adjacent to uranium producer Ur-Energy’s 18Mlb Lost Creek deposit and operating ISR uranium plant.

 

 

 

This article was developed in collaboration with GTI Energy, 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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