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GTI Resources Ltd ( (AU:AMU) ) has shared an announcement.
American Uranium Limited has received approval from the State of Wyoming’s Land Quality Division for its resource expansion and infill drilling campaign at the Lo Herma Project. The first phase, set to begin in the fourth quarter of 2025, will focus on expanding the resource base by targeting extensions of known trends, aiming to increase the current mineral resource estimate. This development is expected to contribute to an updated Mineral Resource Estimate and Scoping Study in 2026, enhancing the company’s position in the nuclear energy sector.
More about GTI Resources Ltd
American Uranium Limited (ASX:AMU) is a company involved in the uranium mining industry, focusing on in-situ recovery (ISR) uranium projects in the United States. The company’s flagship project is the Lo Herma Project, which aims to capitalize on the revival of nuclear and uranium mining in America.
Average Trading Volume: 349,858
Technical Sentiment Signal: Sell
Current Market Cap: A$21.96M
See more data about AMU stock on TipRanks’ Stock Analysis page.