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Grand Gulf Energy Limited has secured the Dry Wash Antimony Project in Utah through a Mineral Exploration with Option to Lease Agreement with the Utah School and Institutional Trust Lands Administration. The project spans 8,122 acres and is adjacent to American Tungsten and Antimony Limited's Antimony Canyon Project, which has shown significant mineralisation.

Fieldwork by Grand Gulf has identified substantial stibnite mineralisation in the Palaeocene to Eocene Flagstaff Formation. The company plans to conduct field activities aimed at first-pass drilling and has secured $500,000 through a share placement to fund project evaluation and working capital.