GTI Resources Ltd ( (AU:GTR) ) has provided an announcement.
GTI Energy Ltd has completed crucial fieldwork and testing for its Lo Herma ISR Uranium Project, marking a key milestone in its development. The successful completion of groundwater monitoring wells and laboratory testing confirms the project’s suitability for ISR mining, with characteristics similar to other operational ISR uranium mines in the region. This progress supports the ongoing scoping study, which is on track for completion in the second quarter of 2025, potentially enhancing GTI’s position in the uranium mining industry and providing positive implications for stakeholders.
More about GTI Resources Ltd
GTI Energy Ltd is a company operating in the energy sector, focusing on uranium mining projects. The company is particularly involved in the development of in-situ recovery (ISR) uranium mining projects, with a significant focus on the Lo Herma ISR Uranium Project located in Wyoming’s Southern Powder River Basin.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.96M
For detailed information about GTR stock, go to TipRanks’ Stock Analysis page.