GTi Energy
13/03/2023
GTI SECURES SIGNIFICANT NEW URANIUM PROJECT IN WYOMING, 10 MILES FROM CAMECO’S SMITH RANCH-HIGHLAND ISR URANIUM FACILITY.
- Significant mineral claims secured via staking of ~8,000 acres in Wyoming’s prolific Powder River Basin, ISR uranium district.
- Claims located within 10 miles of Cameco’s Smith Ranch-Highland ISR uranium production plant – the largest production site in Wyoming.
- Located in proximity to 5 permitted ISR uranium production facilities & several satellite uranium deposits, all within ~50 miles.
- Cameco’s president and CEO said demand for nuclear power is driving the “best fundamentals ever seen” for the nuclear fuel market.
View the full ASX Announcement here:
https://www.gtienergy.au/gti-secures-significant-new-uranium-project-in-wyoming-10-miles-from-camecos-smith-ranch-highland-isr-uranium-facility/
13/03/2023
QUARTERLY ACTIVITIES REPORT
- Total projected roll front trends at GTI’s GDB projects increased to 7.5 miles (39,614 ft).
- New mineralised trend found within lease Section 29 with best hole a strong GT of 2.55.
- 2.65 miles of new projected roll front trends discovered at Odin, Teebo & Loki with best hole to date 0.78 GT vs. target 0.2 GT cut-off.
- Best hole to date with a sum 71.5 feet of average 0.034% (range 0.021%-0.142%) eU3O 8 with a total hole GT of 2.55, mineralized depths between 270 – 494 feet.
- 29 of 33 holes drilled across Odin, Teebo & Loki encountered uranium mineralisation.
-Mineralisation conducive to ISR recovery with water table 100-200 ft above host sands.
View the full ASX Announcement here:
https://www.gtienergy.au/quarterly-activities-report-2/
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