US based director with uranium experience appointed

Published 22-JUN-2022 10:50 A.M.

53.4 seconds read

Investment Memo: GTR 2022

General: Director appointment

Yesterday our uranium exploration Investment GTI Resources (ASX: GTR) announced the appointment of a new US based director - James Baughman.

Mr Baughman has 30+ years’ experience as a geologist in the exploration industry and has held senior positions (i.e., Chief Geologist, Chairman, President, Acting CFO, COO) in private & publicly traded mining companies through this period.

We especially like that Mr Baughman has experience specifically in the uranium industry from his time as President & CEO of High Plains Uranium which was sold for US$55m in 2006 to Uranium One.

With the extended drilling program likely to commence across its Wyoming acreage in July, we think GTR have managed to strengthen the in country team significantly with this appointment.

Next: We want to see GTR kick off its ~100,000 foot exploration program across its uranium project in Wyoming, USA.