Highlights
- Key milestone achieved with scoping study fieldwork, metallurgical studies, and hydrogeological testing completed
- Four monitor wells completed, all demonstrating sufficient submergence of Lo Herma mineralization within the local groundwater system to support ISR mining
- Laboratory testing of mineralized sands has demonstrated hydraulic conductivity is in the upper range typical of sandstones in the Wyoming intermontane basins and confirms sufficient permeability for ISR mining methods.
- Scoping study on track for 2nd quarter 2025
“This is a key milestone for the Lo Herma project’s development and keeps GTI on track to complete a Scoping Study during Q2 of 2025. The data collected continues to reaffirm that resources at Lo Herma will be recoverable by in-situ recovery (ISR) mining, with geologic and hydrogeologic characteristics similar to operating ISR uranium mines in Wyoming’s Southern Powder River Basin. GTI is aggressively pursuing completion of a Scoping Study economic analysis of the project.”
Bruce Lane, Executive Director, GTi Energy