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GT Resources Inc V.GT

Alternate Symbol(s):  CGTRF

GT Resources Inc., formerly Palladium One Mining Inc., is a Canada-based mineral exploration and development company. The Company is focused on discovering critical green transportation metals. It targets district scale, nickel-copper sulfide and platinum-group-element (PGE) deposits in Canada and Finland. The Company’s Canada projects include Tyko, Ontario; Disreali, Ontario; Canalask, Yukon; Hemlo East, Ontario; Big Lake, Ontario; North Rock, Ontario; and Black Bear, Ontario. The Lantinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources. The project is located in north-central Finland, approximately 40 kilometers (km) north of the Company’s exploration office in the town of Taivalkoski. The property is 160 km (by road) east-southeast of Rovaniemi and 190 km northeast of the port city of Oulu. The Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively.


TSXV:GT - Post by User

Comment by IgnacioCashmereon Nov 21, 2023 2:48pm
154 Views
Post# 35746985

RE:RE:Ho hum Grab Samples

RE:RE:Ho hum Grab SamplesI don't know an answer to that. We are hunting for buyout worthy results. 1% Nickel at widths of 10 meters won't do it. For narrower widths like Tyko, we need much higher grades to be worthwhile to a major or mid tier producer looking for their next Ni/Cu project. 1% Ni or Cu at 300 meters like Talon is spectacular. 1% at 5-10 meters isn't. An artisanal  miner could definitely mine these chonoliths for profit & a high ROI. Wallbridge Mining started by buying a worthless gold claim from Balmoral. They took a bulk sample with a shovel & couple trucks & found about $50 million worth of gold in the sample. Wallbridge then bought Balmoral for next to nothing & got their gold & nickel deposits.  So a deposit of $200 ton can attract attention like Tyko, but it might attract a buyer we don't want. We want a major to buy us out. PDM is well funded already to do the drilling to find whatever is there. If it's there in spades, we win. If not, explore the other projects.  Most juniors have 1 project. PDM has 5 good ones.
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