GT Resources (TSXV:GT) High-Grade Nickel and Copper, Proven Management, Funded for Growth

Dec 4, 2024

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Interview with Neil Pettigrew, VP Exploration of GT Resources Inc.

Our previous interview: https://www.cruxinvestor.com/posts/gt-resources-tsxvgt-strategic-position-in-critical-metals-exploration-with-glencore-backing-5954

Recording date: 28th November 2024

GT Resources (TSXV:GT) offers investors a compelling opportunity to gain exposure to the high-potential nickel and copper space via Canadian and Finland projects. The company's flagship asset is the Canalask nickel-copper project in Yukon. Located just off the Alaska Highway, Canalask is a high-grade magmatic sulfide system with similarities to world-class nickel camps like Norilsk and Voisey's Bay.

The company recently completed its first drill program at Canalask in over 20 years, returning impressive intercepts like 2% nickel over 20-30 meter widths. VP Exploration Neil Pettigrew believes these high-grade footwall intercepts are indicative of a larger source in the main ultramafic intrusion that has yet to be drill-tested. A follow-up drill program is planned for 2025 to vector in on the location of potential massive sulfides.

GT also owns 100% of the North Rock copper project in mining-friendly Ontario. North Rock features a 13 km trend of copper-bearing gabbros, with historic resources of 1 Mt at 1.2% Cu at the Beaver Pond zone. This includes a 10,000 tonne stockpile grading up to 8% Cu. Pettigrew sees potential for both bulk tonnage and high-grade mineralization at North Rock and is undertaking borehole geophysics to define targets for follow-up drilling.

GT is led by a proven management team with multiple successes under their belts, including advancing the 90 Mt LK nickel project in Finland. The company is well-funded with over C$10 million in working capital and counts major miner Glencore as one of its largest shareholders. With a market capitalization of under C$25 million, GT is significantly undervalued relative to the quality and potential of its projects. Near-term catalysts include ongoing exploration results from both Canalask and North Rock, along with potential strategic interest given the scarcity of high-quality nickel and copper projects globally. As the electrification trend accelerates, GT Resources offers speculative investors a low-risk, high-reward way to play rising demand and prices for these critical metals.

View GT Resources' company profile: https://www.cruxinvestor.com/companies/palladium-one-mining