GTI Resources Ltd ( (AU:GTR) ) has shared an update.
GTI Resources Ltd has announced a substantial increase in its uranium resource estimates following a successful drilling program at the Lo Herma Project in Wyoming’s Southern Powder River Basin. The increase in resources, alongside valuable data obtained from drilling, positions the company to enhance its exploration targets and supports the delivery of a scoping study by Q2 2025, strengthening its market position amid growing global and domestic uranium demand.
More about GTI Resources Ltd
GTI Resources Ltd is involved in the uranium mining industry, focusing on developing in-situ recovery (ISR) uranium assets. The company holds significant uranium resources in Wyoming, USA, which is a leading state for uranium production due to its cost-effective and low-impact ISR mining methods.
Technical Sentiment Signal: Buy
Current Market Cap: A$9M
For an in-depth examination of GTR stock, go to TipRanks’ Stock Analysis page.