GTI Energy remains on track at Wyoming uranium projects
Melbourne, Victoria
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February 23, 2024 01:30 PM Eastern Standard Time
GTI Energy Ltd (ASX:GTR) executive director Bruce Lane sits down with Jonathan Jackson in the Proactive Australia studio to discuss progress and planning for the 2024 field season at its uranium projects in Wyoming, USA. Lane notes that permitting is on track for drilling programs expected to take place later this year. Lane talks about upcoming drilling results that will be used for an update to the Lo Herma mineral resource estimate and exploration target, which is scheduled for the December quarter of 2024. He also discusses the maiden drilling at Green Mountain that is planned this year with permitting underway after the company completed an airborne geophysical survey to help refine the previously planned drilling. Further to this GTI is evaluating its uranium/vanadium projects in Utah to determine potential paths for renewed exploration, resource development or other value-creating activities.
Lane said: "GTI intends to mobilise drilling rigs to Lo Herma as soon as the activity is fully permitted, and environmental clearances are finalised. At this time, GTI anticipates that drilling will commence at Lo Herma during July 2024."
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