Data with $15M Replacement Value Secured & Capital Raising

Highlights:

• Historical drilling data with an estimated replacement value of ~$15million acquired for Lo Herma including drill logs for 1,445 drill holes (~530,000 ft) representing 7 x the holes, & ~5 x the footage, drilled by GTI to date in Wyoming
• Drill logs acquired demonstrate sandstone hosted uranium mineralisation with economic potential in the Powder River Basin’s productive Fort Union formation
• GTI believes sufficient historical data may exist to report an inferred mineral resource for Lo Herma by the end of Q2, without further drilling
• Lo Herma is a significant land position with ~8,000 acres in Wyoming’s prolific Powder River Basin, ISR uranium district
• Project is located 10 miles from Cameco’s Smith Ranch-Highland ISR uranium plant (largest production site in Wyoming) & within 100 miles of Peninsula Energy (PEN) & Ur-Energy (URE) who both plan to be back in production by April 2023
• 5 permitted ISR uranium production facilities & several satellite uranium deposits are located within ~50 miles of Lo Herma
• Commitments received for a $2.3m placement to fund Lo Herma’s development