NEWS.

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 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.