Highlights
- GTI has now completed 66 resource estimate development drill holes of 76 planned at the Lo Herma ISR uranium project during the 2024 drill program
- Drilling to date confirms that uranium mineralisation continues north from the current mineral resource area with strong mineralised intercepts over good thicknesses encountered stretching at least 2km north along projected trends
- Best mineralised intercepts reported include 6.0ft at 0.123% (1,230ppm) eU308 in drill hole LH-24-028, and 11.0 ft at 0.054% (540ppm) eU308 in drill hole LH-24-063
“Drilling to date at Lo Herma has been very successful in demonstrating extensions of mineralisation, with strong GT numbers to the
north of the project area and at depth in the sands of the lower Wasatch formation. Results so far give us great confidence that we can grow the global uranium resource estimate and upgrade a material portion to the indicated category. Drilling is currently running to schedule with operations now moved to the east of the project area to test for deeper mineralisation in the Fort Union formation. The sand units of the lower Wasatch formations are showing reliable continuity and mineralisation far along trend to the north so we are now excited to see what the deeper Fort Union formation sands may hold as we move to our final exploration area for this phase of drilling.”
north of the project area and at depth in the sands of the lower Wasatch formation. Results so far give us great confidence that we can grow the global uranium resource estimate and upgrade a material portion to the indicated category. Drilling is currently running to schedule with operations now moved to the east of the project area to test for deeper mineralisation in the Fort Union formation. The sand units of the lower Wasatch formations are showing reliable continuity and mineralisation far along trend to the north so we are now excited to see what the deeper Fort Union formation sands may hold as we move to our final exploration area for this phase of drilling.”
Bruce Lane
Executive Director
