Highlights
- Two rigs in operation at GTI’s Thor ISR uranium prospect
- First 25 holes completed of the 40,000ft (~12,200m) ~70-hole drill program
- 17 out of 25 holes met or exceeded the target uranium grade cut-off
- Mineralisation conducive to ISR recovery with water table 100-200 ft above host sands
- 1,830 ft of new mineralised roll fronts found to date for a total of 19,470 ft (3.69 miles)
“Results from the first 25 holes strongly justify this follow-up campaign at Thor. The historical drill maps combined with interpretation from our previous drilling have generated a high strike rate. The mineralisation identified continues to show potential for ISR development as we extend our understanding of the roll fronts and work towards a resource report. We look forward to continuing exploration over the coming weeks and months when conditions for US domestic uranium, particularly in Wyoming, continue to strengthen.”
Bruce Lane
Executive Director
