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GTI Resources Ltd ( (AU:GTR) ) just unveiled an update.
GTI Energy Ltd reported positive results from uranium leach tests at its Lo Herma ISR Uranium Project, indicating that the mineralization is amenable to alkaline in-situ leach processes with uranium recoveries of around 75%. This aligns with other ISR projects in the region. The company has completed groundwater monitoring wells and is progressing with a Scoping Study expected in the first half of 2025. These developments are crucial for confirming the project’s suitability for ISR mining and could enhance GTI’s positioning in the uranium market.
More about GTI Resources Ltd
GTI Energy Ltd is a company involved in the uranium industry, focusing on the exploration and development of uranium projects. Their primary project is the Lo Herma ISR Uranium Project located in Wyoming’s Powder River Basin, where they are working on in-situ recovery (ISR) mining processes.
Technical Sentiment Signal: Buy
Current Market Cap: A$9M
See more data about GTR stock on TipRanks’ Stock Analysis page.