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GTI glow for US capital

14 April 2022
ASX: GTR
Jack Baker

GTI Resources opened its doors to a massive pool of US investors as it advances accessible recovery ISR uranium prospects in Wyoming’s prolific Great Divide Basin.

The strategic move will expose the company to the US middle-tier over-the-counter market, offering American investors early dibs on up-and-coming international companies.

And with uranium trading at its highest point in over a decade, the Perth-based company is upbeat following the renewed interest in the heavy metal and promising signs during the early exploration of its recently expanded 14,000 hectares of prime Wyoming yellowcake territory.

“GTI’s strategy is fundamentally North American focused, and we aim to define US-based uranium resources for its resurgent nuclear power business,” executive director Bruce Lane said.

The company plan further exploration for uranium and vanadium in Utah’s Henry Mountains and gold closer to home in Western Australia’s central goldfields.

North American investors can find GTI trading under the code GTIRF.

COMPANY OVERVIEW

Focussed on exploring for, defining and developing economic ISR Uranium resources – GTI Resources is part of Wyoming’s Insitu Recovery (ISR) uranium mining renaissance. GTI saw US uranium supply’s collapse and anticipated the coming surge in demand for uranium as a core component of America’s drive for homegrown, sustainable clean energy solutions. This led us to position GTI to be part of the resurgence in demand for uranium using the lowest-cost and cleanest method of mining uranium, ISR. Providing corporate transparency, GTI has also adopted the internationally recognised Environmental, Social and Governance SCM Framework created by the World Economic Forum (WEF), where all progress is measured against these core metrics and included in GTI’s annual report on the ASX. The key driver of value creation for GTI is making economic uranium discoveries. GTI’s ISR uranium projects in Wyoming position us to define uranium resources that can potentially be developed quickly & cost effectively with a low environmental impact.

COMPANY INFORMATION

ASX: GTR

Website

https://www2.asx.com.au/markets/company/gtr

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