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GTI Resources Ltd ( (AU:AMU) ) has provided an update.
American Uranium Limited has announced the commencement of hydrogeologic testing and resource expansion drilling at its Lo Herma ISR Uranium Project in Wyoming’s Southern Powder River Basin, set to begin in Q4 2025. These initiatives aim to enhance the resource base and validate hydrogeologic conditions, contributing to an updated Mineral Resource Estimate and Scoping Study in 2026, which is expected to strengthen the company’s position in America’s nuclear energy revival.
More about GTI Resources Ltd
American Uranium Limited (ASX:AMU) is involved in the uranium industry, focusing on low-cost In-Situ Recovery (ISR) uranium projects in the U.S. Their flagship project, Lo Herma, is central to rebuilding the U.S. domestic supply chain for nuclear energy.
Average Trading Volume: 206,921
Technical Sentiment Signal: Sell
Current Market Cap: A$15.53M
See more insights into AMU stock on TipRanks’ Stock Analysis page.