GT Resources Inc.

GT Resources Inc.

Mining

Critical Green Transportation Metals (TSXV: GT)

About us

With a focus on climate change risks and opportunities, GT Resources Inc.'s (TSXV: GT) strategy is to discover and ultimately produce critical Green Transportation Metals, including but not limited to sulphide nickel, copper, palladium, platinum and cobalt. A Canadian mineral exploration and development company, GT Resources is advancing district scale deposits in Canada and Finland. The Läntinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively. Our strategy includes delivering Net-Zero Greenhouse Gas (“GHG”) emissions considering the full life cycle of exploration, development, mining activities and that of the metals we strive to produce.

Website
www.gtresourcesinc.com
Industry
Mining
Company size
201-500 employees
Type
Public Company

Employees at GT Resources Inc.

Updates

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    Why Finland? A top mining jurisdiction, in terms of policy framework and investment attractiveness, it has a robust mining history that continues with its 44 active mines. We are advancing neighbouring projects there, KS and LK, which have different geological targets.

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    NEWS RELEASE | The Geological Survey of Finland (GTK) has published a report highlighting the potential of our Koillismaa (KS) Project to host significant Copper-Nickel-Platinum Group Element (Cu-Ni-PGE) mineralization.   Exploration at KS has consequently been de-risked in the following ways: • Ultramafic rocks were intersected at approximately 1,400-meter deep in a diamond drill hole collared approximately five kilometers east of the KS project. • Several Magnetotelluric conductors have been modelled proximal to the Feeder Dyke, which may represent Cu-Ni-PGE sulphide mineralization. • The Feeder Dyke's geophysical anomaly has been greatly refined via new Electromagnetic, MT and Seismic surveys. • Geochemical, and petrographic, geochronological studies have increased knowledge of the geology at depth within the KS project area. Part of our extensive Finnish portfolio, KS is in an interpreted, regional scale, Chonolith or Feeder Dyke that is believed to be the Feeder Dyke of the Koillismaa Complex that hosts our advanced Läntinen Koillismaa Cu-Ni-PGE Project.   A second project, Seismic and Electromagnetic Methods for Deep mineral exploration (SEEMS DEEP), which included additional geophysical surveys that overlapped the eastern boundary of KS, were conducted last year. Results from this €2.2M investment by a European academic consortium including GTK are still pending.   “The work conducted by the Finnish government…highlights the significant mineral potential of our KS project to host critical battery minerals necessary for the green transition in Europe”—Neil Pettigrew, VP, GT Resources. $GT $NKORF   READ MORE: https://lnkd.in/gqS2JzBA

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    Final results from 2023 drill program at Tyko II in Ontario are encouraging, says CEO Derrick Weyrauch, CPA, CA. Highlights from the first drilling on Tyko II include: • Massive sulphide was intercepted at the base of the Moshkinabi intrusion, where drilling returned 0.8% Ni, 0.6% Cu over 0.7 meters including 0.9% Ni, 0.6% Cu over 0.4 meters. This supports the prospectivity for finding additional massive sulphide mineralization at Tyko II. • The prospectivity of the area was further supported by the discovery of an additional style of disseminated copper–palladium-rich mineralization in the Kejimalda Zone, which extends over a 3-kilometer strike length and ranges from a few meters up to 30 meters in width. • Drilling from the Kejimalda Zone returned 0.1% Cu, 0.33 g/t TPM (Platinum + Palladium + Gold) over 24.3 meters including 0.23% Cu, 0.73 g/t TPM over 2.0 meters. “The drill program was focused on the Moshkinabi intrusion which is the best mapped and hence understood part of the wider Faries-Moshkinabi mafic-ultramafic complex,” said Weyrauch. “Large parts of this intrusive complex remain untested, notably the Gionet Zone which has demonstrated strong copper and nickel soil anomalies coincident with VTEM anomalies." Read today’s news release to learn more: https://lnkd.in/gBd6mQkY

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