GTi Energy has been featured in the Stockhead Energy Investor Guide for 2023. This guide is published on the Stockhead website as well as in the Australian Newspaper.
GTi Energy has been featured in the Stockhead Energy Investor Guide for 2023. This guide is published on the Stockhead website as well as in the Australian Newspaper.
Focussed on defining and developing economic ISR uranium resources in Wyoming – GTi is part of the US nuclear renaissance.
GTI Energy Ltd (ASX:GTR) executive director Bruce Lane speaks with Proactive’s Andrew Scott about the company’s drilling program at the Thor prospect in Wyoming’s Great Divide Basin (GDB) which revealed …
Live stream the GTI Energy Ltd. (OTCQB: GTRIF | ASX: GTR) presentation from our November 8, 2022 Uranium Virtual Investor Conference.
GTI Energy Ltd (GTI or Company) is pleased to advise that two mud rotary drill rigs have now completed 70 holes, for 34,010-feet (10,366 metres), of its planned ~100,000-foot drill program in Wyoming’s Great Divide Basin. Drilling is completed at the Thor prospect where a total of 34,010 feet (10,366 metres) was drilled for 70 completed holes.
GTI’s ISR uranium projects are located in the Great Divide Basin in Wyoming, USA and comprise a total area of ~35,000 acres (~14,000 hectares) across several groups of strategically located and underexplored mineral lode claims and two state leases
GTI Energy Ltd (GTI or Company) is pleased to advise that 2 mud rotary drill rigs have now
completed the first 40 holes, for 20,370-feet (6,209 metres), of its planned 100,000-foot drill
program in Wyoming’s Great Divide Basin.
The results to date meet the company’s expectations for economic ISR uranium recovery and confirm the historical data it’s using to guide the program. GTI Energy Ltd (ASX:GTR) is off to a strong start in the hunt for uranium at the Thor in-situ recovery (ISR) prospect in Wyoming’s Great Divide Basin.
Drilling has commenced at the Thor prospect (Thor), located adjacent to Ur-Energy Inc’s (URE) 18Mlb Lost Creek uranium deposit and operating ISR uranium processing plant.
Drilling is underway at GTI’s Thor ISR uranium prospect in Wyoming’s Great Divide Basin, to test known roll fronts for mineralisation suitable for in situ recovery mining (ISR).
GTI Energy Ltd (ASX:GTR) has all the necessary permits and bonds in place to kickstart drilling at its Great Divide Basin in-situ recovery (ISR) uranium project in Wyoming.
Bruce from GTI Energy sits down with Cecilia on the OTCQB Podcast to discuss all things GTI Energy.
GTI Energy Ltd (ASX:GTR) has brought on board as executive director James (Jim) Baughman, a highly experienced Wyoming uranium geologist and corporate executive who will help guide GTI’s technical and commercial activities in the US.Baughman, QP (SME-RM) GDB/Red Desert…
GTI Energy Ltd (ASX:GTR) welcomes the news that spin-off Regener8 Resources NL has closed its IPO, having raised $4.5 million. This signals the conclusion of a deal with the new ASX-lister to acquire GTI’s gold holding, the Niagara Gold Project in WA, upon its debut, with shares in Regener8 forming part of the sale terms.
Due diligence on Logray and the properties has now been completed and the company expects settlement of the acquisition to take place during the first week of June, following a general meeting on May 27.
GTI Energy Ltd (ASX:GTR)’s Bruce Lane speaks to preparations for roughly 100,000 feet of drilling at the company’s in-situ recovery (ISR) uranium projects in Wyoming’s Great Divide Basin. Around 40,000 feet of follow-up drilling will commence in July at the Thor project in the northeast corner before maiden drilling kicks off at the nearby Wicket, Teebo, Odin and Loki projects.
GTI Energy Ltd (ASX:GTR) is offloading its non-uranium assets, one of which is the Kookynie Gold Project to be acquired by Regener8 Resources during that company’s listing to the ASX.
Regener8 has made a priority offer to GTR shareholders in tandem with the lodging of a prospectus with ASIC to raise up to $5.5 million for its initial public offering (IPO).
GTI Energy is divesting non-core assets to focus on its highly prospective uranium assets in the US while retaining a material shareholding and board representation in a well-funded entity (Regerner8) focused on gold exploration in Western Australia.
GTI Energy Ltd (ASX:GTR) will pick up nearly 14,000 acres worth of contiguous ISR uranium exploration claims in Wyoming’s Great Divide Basin.
The claims neighbour mining stalwart Rio Tinto’s uranium properties and will increase GTI’s landholding in the region to around 35,000 acres.
To support its endeavours in the uranium basin, GTI intends to raise A$5 million via a placement.
GTI Resources Ltd (ASX:GTR) has completed its maiden drilling program at Thor ISR Uranium Project in Wyoming’s Great Divide Basin and has identified mineralisation “with economic potential based on widths, grades and depth”.
This program of 100 drill holes for 48,540 feet (~15,000 metres) of drilling, which was completed on time and within budget, encountered mineralised roll fronts covering 17,640 feet of the project area, indicating great potential for in-situ recovery (ISR) uranium mineralisation.
The Perth-headquartered mining company with a focus on the exploration of uranium and gold assets, says drilling on the main host sand showed at least three separate roll fronts.
GTI Resources Ltd (ASX:GTR) has completed drilling a 100-hole maiden exploration campaign at Thor ISR Uranium Project in Wyoming’s Great Divide Basin (GDB) in the US.
GTI holds 100% of ~22,000 acres (~8,900 hectares) across several groups of strategically located and underexplored mineral lode claims and two state leases, prospective for sandstone-hosted uranium that is amenable to low cost, low environmental impact ISR mining.
The ~15,000-metre maiden drill program was completed on schedule and within budget at a time when the uranium spot price is surging, having recently moved past an 11-year high of US$60 per pound.
GTI Resources Ltd (ASX:GTR) remains on track to complete an extensive drill program at its Thor ISR uranium asset in Wyoming’s Great Divide Basin by mid-March.
Two mud rotary drill rigs recommenced the maiden campaign in February, aiming to complete the remaining 60 holes in GTI’s planned 15,000-metre, 100-hole drill programs.
Now, there are just nine holes to drill, and the uranium explorer says these are on track to wrap up by the middle of next week.
GTI Resources Ltd (ASX:GTR) has recommenced drilling to complete the balance of the 100‐drill hole exploration campaign at the Thor ISR Uranium Project in Wyoming’s Great Divide Basin.
Results to date confirm the discovery of a significant uranium mineralised system with strong economic potential.
The remaining 60% of drilling program will further test the newly discovered mineralised uranium system at Thor.
GTI Resources Ltd (ASX:GTR) has entered into a binding agreement with Regener8 Resources NL for the sale of certain Western Australian tenements, comprising GTR’s Niagara Gold Project near Kookynie.
GTR has conditionally agreed to sell its 100% interest in the project to Regener8 subject to conditions including shareholder and regulatory approvals.
The divestment of GTR’s gold assets, will enable the company to focus on its highly prospective US uranium assets.
GTI Resources Ltd (ASX:GTR) is about to kick off its 2022 work program at Thor ISR Uranium Project in Wyoming, USA, as it prepares to complete the remaining 60-odd holes of a planned 100‐hole maiden drill program.
Field reconnaissance is scheduled to begin next week with two mud rotary drill rigs to be mobilised, weather permitting, to finalise the 15,000-metre drill campaign.
“Drill results so far show that there is a strongly mineralised uranium system at Thor with potential for development,” executive director Bruce Lane said.
GTI Resources Ltd (ASX:GTR) has ended the December quarter in a strong financial position raising $2 million in new capital and with $4.75 million in hand as it drives exploration at its new acquired Thor ISR Uranium Project in Wyoming’s Great Divide Basin.
During the quarter, the company received encouraging results from Thor, demonstrating characteristics conducive to ISR recovery from its 100-hole drilling campaign at the uranium property, with 39 holes completed to date.
Further, the company has completed the acquisition of Branka Minerals Pty Ltd and its Wyoming ISR uranium exploration properties.
GTI Resources receives further encouraging results from Thor ISR uranium property
“We’re delighted with the performance of the geological team and the drill crew in Wyoming, and we look forward to more good results after the Christmas break,” says executive director.
GTI Resources Ltd – GTI Resources reports further encouraging results from Thor ISR uranium property
Mud rotary drill rigs, ancillary equipment and support vehicles at the Thor Project.
GTI Resources Ltd (ASX:GTR) has completed another 15 drill holes at the Thor in-situ recovery (ISR) uranium project in Wyoming’s Great Divide Basin.
The explorer is in the middle of a 100-hole drilling campaign at the uranium property, where it has completed 39 holes to date.
Of those, 19 have met or exceeded a grade thickness (GT) cut-off, averaging 0.60 GT.
GTI Resources Ltd (ASX:GTR) has completed 24 holes of its ~15,000 metres ~100-hole maiden drill program within Exploration Area 1 at the Thor ISR (in situ recovery) Uranium Project in Wyoming’s Great Divide basin.
10 of the 24 holes (42%) drilled to date with two mud rotary drill rigs have met or exceeded the grade thickness (GT) cut-off with an average of 0.68 GT (typical economically viable ISR grade and GT cut‐offs are: 0.02% (200ppm) uranium and 0.2 GT).
These results are in line with expectations and are viewed by GTI as indicative of the high potential for economic ISR uranium mineralisation.
GTI Resources Ltd (ASX:GTR) has made a highly encouraging start to its maiden drilling program at the Thor ISR Uranium Project in Wyoming’s Great Divide Basin with mineralisation meeting expectations for economic ISR recovery.
Positive results have been returned from the first 10 holes of a program of about 100 holes for around 15,000 metres with five holes meeting both grade and GT (grade + thickness) cutoff for an average GT of 0.99.
Two mud rotary drill rigs were used to drill the first of a planned 100-hole program at exploration area 1 at the Thor ISR project.
GTI Resources Ltd (ASX:GTR) has committed to become operationally carbon-neutral.
Having reviewed options to reduce and offset residual carbon emissions from its drilling program in Wyoming and from ongoing day to day operations, GTR has made the decision to acquire and eventually retire Australian Carbon Credit Units (ACCUs or carbon credits).
GTR has acquired 450 carbon credits from the East Kimberley Nyaliga Fire Project in WA, which was registered as an eligible offset project in 2017 by Nyaliga Aboriginal Corporation.
GTI Resources Ltd (ASX:GTR) has started drilling at the Thor ISR Uranium Project in Wyoming’s Great Divide basin with two mud rotary drill rigs.
The 50,000‐foot (around 15,000 metres) maiden drill program of about 100 holes is designed to confirm the grade and tenor of uranium mineralisation that was previously identified by Kerr McGee in the 1980s and to ultimately support the definition of an economic ISR uranium resource.
GTI Resources Ltd (ASX:GTR) has confirmed its focus on clean energy with the adoption of internationally recognised Environmental, Social and Governance (ESG) Stakeholder Capitalism Metrics framework created by the World Economic Forum (WEF).
The framework is based on 21 core metrics and disclosures, designed to provide common metrics that allow consistent reporting of sustainable value creation.
GTI Resources Ltd (ASX:GTR) has secured two mud rotary drill rigs for its planned drilling campaign at the Thor ISR uranium project in Wyoming’s Great Divide Basin.
GTI is on track to begin its maiden drilling program in December as it looks to confirm the grade and tenor of uranium mineralisation that was previously identified by Kerr McGee in the 1970 and 1980s and to support the definition of an economic uranium resource.
GTI Resources Ltd (ASX:GTR) is now approved to drill at the Thor ISR Uranium Project in Wyoming’s Great Divide Basin.
A 15,000-metre drill program will take place in December at the Thor project with the bonding process underway and contractor bids received for the mud rotary drilling campaign.
The campaign is due to begin on December 21 this year.
GTI Resources Ltd (ASX:GTR) has scheduled further fieldwork next month at Section 2 and Rat Nest prospects within the Henry Mountains Uranium and Vanadium Project, Utah, USA.
The proposed fieldwork program in the East Exploration Target area includes geological mapping, mapping of existing underground adits and locating and logging of additional existing shallow drill holes.
Importantly, this phase of fieldwork will help guide drill targeting for GTI’s drill campaign in the March quarter of 2022.
GTI Resources Ltd (ASX:GTR) made strong progress in the half-year ended June 30, 2021, and is well-funded as it gears up to explore historical uranium and gold assets in the US and Western Australia.
The company has a large holding in the Niagara gold mining district of Western Australia that offers an opportunity to test the historically mined area using modern exploration techniques.
GTI also has 1,500 hectares in the Henry Mountains region of Utah, USA, where the company plans to advance a uranium project to supply high-grade uranium ore to help fill existing local mill processing capacity.
GTI Resources Ltd has signed a binding agreement to acquire 100% of Branka Minerals Pty Ltd, the holder of around 22,000 acres of land across several underexplored mineral lode claims in the US states of Wyoming and Colorado.
The projects are highly prospective for sandstone-hosted roll front uranium mineralisation amenable to In Situ Recovery (ISR).
Upon completion, GTI will control the largest non-US, Russian or Canadian owned uranium exploration landholding in Wyoming’s Great Divide Basin (GDB), which is near UR Energy Inc’s Lost Creek ISR facility and Rio Tinto Limited’s Sweetwater/Kennecott Mill.
GTI Resources Ltd’s (ASX:GTR) latest uranium drilling and logging results on Section 36 within the wider Henry Mountains Uranium and Vanadium Project in Utah, USA, have confirmed extensions and tenor of mineralisation.
The drilling program followed the successful logging of 56 existing holes and mapping of underground adits completed in May.
Mineralisation was discovered in the West Exploration target area with drilling confirming extensions within close proximity to underground mine workings between the south and east portals and between the east portal and outcrop to the south.
GTI Resources Ltd (ASX:GTR) has completed uranium drilling over Section 36, a key tenement within its Henry Mountains Uranium & Vanadium Project in Utah, USA.
The uranium explorer drilled and logged 40 holes on time and within budget, penetrating each hole to an average 23-metre depth using an all-terrain buggy drill rig.
Beyond the recently explored holes, GTI identified 31 historical drill holes at the tenement and logged these using a gamma probe.
GTI Resources Ltd (ASX:GTR) has started uranium drilling on Section 36 of its Henry Mountains Uranium & Vanadium Project in Utah, USA.
The company flagged this second phase of uranium exploration after it received approval from the state of Utah to go ahead.
GTI has approximately 1,500 hectares of landholdings in the Henry Mountains within Garfield and Wayne Counties and the region forms part of the prolific Colorado Plateau uranium province which historically provided the most important uranium resources in the US.
GTI Resources Ltd (ASX:GTR) has received approval from the state of Utah for the second phase of uranium exploration on Section 36, part of the company’s overall Henry Mountains Uranium-Vanadium Project in that state.
The first phase of exploration of Section 36 which is adjacent to and along strike from GTI’s Jeffrey Project was completed during May including geological mapping, detailed mapping of all existing underground adits and an initial geophysical downhole logging program of 56 existing drill holes.
Drilling and second stage geophysical logging is planned for late June/early July.
GTI Resources Ltd (ASX:GTR) has logged historic uranium results from the Henry Mountains Uranium & Vanadium Project in Utah, USA, ahead of a surface drilling program scheduled for July.
Initial uranium exploration of Section 36 has been completed including geological mapping, mapping of all existing underground adits and geophysical downhole logging of 56 existing shallow drill holes.
Gamma assay results show that more than half of the holes demonstrated trace uranium mineralisation to a maximum depth of 61 feet.
GTI Resources Ltd (ASX:GTR) has advised that the first phase of its spring exploration field activity commences this week, following settlement of the acquisition and transfer of two State of Utah mineral leases from Anfield Energy Inc.
Exploration fieldwork will commence within the Section 36 historical mines, which is within GTR’s land position along a 5.5km mineralised trend.
These historical mines represent a robust development target with over 1,300m of historical underground workings.
GTI Resources Ltd (ASX:GTR) has set its near-term sights on exploration at its gold and uranium assets in Western Australia and the United states respectively.
The company plans to begin exploration activities in Utah over two newly acquired uranium leases shortly and will focus on a robust development target with more than 1,300 metres of historical underground workings.
These leases in the Henry Mountains district of south‐central Utah join the Jeffery and Rats Nest projects and consolidate ownership across a contiguous 5.5 kilometres of the interpreted mineralised trend.
GTI Resources Ltd (ASX:GTR) has received an independent WAMEX compilation report from CSA Global assessing the historical gold production and exploration activity at newly granted prospecting licences within the Niagara gold district in Western Australia.
The report highlights the material past production and drilling, which has occurred on the newly consolidated land package comprising newly granted P40/1515, P40/1516, P40/1517 and P40/1506 and the recently acquired P40/1513 and P40/1518.
The independent compilation of historical mine records, from WAMEX reports, indicates that the workings produced 5,100 ounces of gold at a grade of 25.8 g/t between 1898 and 1914.
GTI Resources Ltd (ASX:GTR) has completed the planning and permitting for the first phase of exploration following the settlement of the acquisition and transfer of two State of Utah mineral leases from Anfield Energy Inc.
The purchase of the leases serves to join the Jeffery and Rats Nest projects and consolidate ownership across a contiguous 5.5 kilometres of the interpreted mineralised trend.
The company has now finalised exploration permitting and anticipates starting the fieldwork during March or April once the weather allows.
GTI Resources Ltd (ASX:GTR) is encouraged by assay results from recently completed first pass shallow reverse circulation (RC) drilling program at the Niagara Gold Project and will continue its exploration efforts.
There were elevated gold values and anomalism intersected of up to 0.98 g/t gold and these results will assist in refining the overall exploration model and allowing the interpretation of several anomalous gold structures.
In addition, the company has been granted four new prospecting licences, expanding its holdings in the Niagara gold mining district.
GTI Resources Ltd (ASX:GTR) has received encouraging indications from recently completed reverse circulation (RC) drilling at Niagara Gold Project near Kookynie in Western Australia.
The company concluded RC drilling on schedule with many of the 16 holes intersecting quartz veins and potentially interesting silicification not intersected in the previous exploration.
This drill campaign targeted significant gold anomalies identified by previous soil sampling programs and confirmed by September’s aircore drilling within Exploration Licence E40/342 at Niagara.
GTI Resources Ltd (ASX:GTR) has accelerated exploration planning at its uranium-vanadium property in Utah, USA, subsequent to settling the acquisition and transfer of two mineral leases from Anfield Energy Inc (CVE:AEC) (OTCMKTS:ANLDF).
Purchase of the leases serves to join the Jeffery and Rats Nest projects and consolidate ownership across a contiguous 5.5 kilometres of interpreted mineralised trend.
More than 1,300 metres of historical underground workings have been mapped and sampled to complement the recently acquired and analysed historical drill data.
GTI Resources Ltd (ASX:GTR) has settled the acquisition and been granted prospecting licences P40/1513 and P40/1518 at the Niagara Gold Project that help create a contiguous package of prospecting licences covering around 5 kilometres of the historical Niagara gold trend.
Including the company’s existing E40/342 tenement, this consolidated land package hosts numerous historical shafts and workings and offers the company an opportunity to focus exploration within this highly prospective and historically underexplored mineralised corridor.
Reverse circulation (RC) drilling is underway on Tenement E40/342 and should be concluded before Christmas with assay results expected in February 2021.
GTI Resources Ltd (ASX:GTR) has commenced reverse circulation (RC) drilling at the company’s Niagara Gold Project near Kookynie in the eastern goldfields of Western Australia.
This RC drilling campaign is targeting completion of 16 drill holes at an average depth of 150 metres per hole for a total of approximately 2400 metres of drilling.
Targeting of the RC drill holes is based on GTR’s successful September drilling of 52 shallow aircore holes (average depth 49 metres) over the eastern part of the Niagara Gold Project.