{"id":3511,"date":"2023-12-20T02:05:14","date_gmt":"2023-12-20T02:05:14","guid":{"rendered":"https:\/\/economicherald.net\/?p=3511"},"modified":"2023-12-20T02:05:14","modified_gmt":"2023-12-20T02:05:14","slug":"gti-energy-confirms-exploration-target-potential-at-us-uranium-project","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=3511","title":{"rendered":"GTI Energy confirms exploration target potential at US uranium project"},"content":{"rendered":"

Special Report: GTI Energy says drilling at its Lo Herma In Situ Recovery (ISR) uranium project in Wyoming, USA, has verified the historical data package used to prepare the mineral resource estimate.<\/p>\n

The project is in Wyoming\u2019s prolific Powder River Basin, which has extensive ISR uranium production history with numerous defined ISR uranium resources, central processing plants (CPP) and satellite deposits.<\/p>\n

It\u2019s also ~10 miles from the US\u2019s largest ISR U3O8 production plant at Cameco\u2019s Smith Ranch-Hyland, and ~60 miles from UEC\u2019s Irigaray & Energy Fuels\u2019 Reno Creek.\u00a0<\/strong><\/p>\n

GTI Energy (ASX:GTR)<\/strong><\/a> says the initial 26 drill holes for 4,250m completed have successfully validated the historical data package it purchased back in March to determine the project\u2019s resource estimate of 4.12Mt at an average grade of 630ppm U308 for 5.71Mlbs contained metal \u2013 and exploration target of 5.32-6.65Mt at 500-700ppm U3O8 for 5.87-10.26Mlbs of additional contained metal.<\/p>\n

\u00a0<\/strong><\/p>\n

New claims could extend exploration target<\/strong><\/h2>\n

In addition, the Lo Herma land package was expanded through staking of 28 additional claims in December to cover extensions of interpreted trends as defined by the historical data package.<\/p>\n

However, the resource estimate and exploration target range do not currently include any estimated contained resource within the Fort Union formation \u2013 which Cameco produces from ~10 miles east \u2013 the lower sands of the Wasatch formation or the 28 new claims.<\/p>\n

GTI is currently evaluating how the new claims and data impact the exploration target for the property and 2024 drill plans.\u00a0<\/strong><\/p>\n

\u201cWe are very pleased that initial drilling has successfully verified the large body of historical data used to prepare the Lo Herma JORC inferred resource,\u201d GTR executive director and CEO Bruce Lane said.<\/p>\n

\u201cIn addition, the drilling confirmed exploration potential along trend in the Wasatch formation and at depth in the Fort Union formation.\u201d<\/p>\n

\u00a0<\/strong><\/p>\n

Resource extension on the cards<\/strong><\/h2>\n

A total of 42 drill holes remain permitted and undrilled at Lo Herma, providing a set path to return to field for further drill testing in 2024.<\/p>\n

GTI plans to update the project\u2019s mineral resource and exploration target estimates following execution of planned and permitted drilling during 2024.<\/p>\n

\u201cThe drilling in 2024 is expected to upgrade the category of portions of the mineral resource and ultimately support a preliminary economic assessment for the project,\u201d Lane said.<\/p>\n

\u00a0<\/p>\n\n

\ufeff<\/span>\u00a0<\/p>\n

This article was developed in collaboration with GTI Energy, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n

\u00a0<\/em><\/p>\n

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n

<\/span><\/p>\n

The post GTI Energy confirms exploration target potential at US uranium project<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Special Report: GTI Energy says drilling at its Lo Herma In Situ Recovery (ISR) uranium project in Wyoming, USA, has verified the historical data package [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":3512,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nGTI Energy confirms exploration target potential at US uranium project - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=3511\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GTI Energy confirms exploration target potential at US uranium project - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"Special Report: GTI Energy says drilling at its Lo Herma In Situ Recovery (ISR) uranium project in Wyoming, USA, has verified the historical data package [more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economicherald.net\/?p=3511\" \/>\n<meta property=\"og:site_name\" content=\"Economic Herald\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-20T02:05:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/12\/GTR-Hero-Pic-ygJ9So.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"844\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=3511#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=3511\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"GTI Energy confirms exploration target potential at US uranium project\",\"datePublished\":\"2023-12-20T02:05:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=3511\"},\"wordCount\":441,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=3511#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/GTR-Hero-Pic-ygJ9So.jpeg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=3511#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=3511\",\"url\":\"https:\\\/\\\/economicherald.net\\\/?p=3511\",\"name\":\"GTI Energy confirms exploration target potential at US uranium project - Economic Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=3511#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=3511#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/GTR-Hero-Pic-ygJ9So.jpeg\",\"datePublished\":\"2023-12-20T02:05:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=3511#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=3511\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=3511#primaryimage\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/GTR-Hero-Pic-ygJ9So.jpeg\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/GTR-Hero-Pic-ygJ9So.jpeg\",\"width\":1500,\"height\":844},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=3511#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/economicherald.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GTI Energy confirms exploration target potential at US uranium project\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"name\":\"Economic Herald\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/economicherald.net\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\",\"name\":\"Economic Herald\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"width\":850,\"height\":760,\"caption\":\"Economic Herald\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GTI Energy confirms exploration target potential at US uranium project - Economic Herald","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/economicherald.net\/?p=3511","og_locale":"en_US","og_type":"article","og_title":"GTI Energy confirms exploration target potential at US uranium project - Economic Herald","og_description":"Special Report: GTI Energy says drilling at its Lo Herma In Situ Recovery (ISR) uranium project in Wyoming, USA, has verified the historical data package [more...]","og_url":"https:\/\/economicherald.net\/?p=3511","og_site_name":"Economic Herald","article_published_time":"2023-12-20T02:05:14+00:00","og_image":[{"width":1500,"height":844,"url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/12\/GTR-Hero-Pic-ygJ9So.jpeg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/economicherald.net\/?p=3511#article","isPartOf":{"@id":"https:\/\/economicherald.net\/?p=3511"},"author":{"name":"","@id":""},"headline":"GTI Energy confirms exploration target potential at US uranium project","datePublished":"2023-12-20T02:05:14+00:00","mainEntityOfPage":{"@id":"https:\/\/economicherald.net\/?p=3511"},"wordCount":441,"commentCount":0,"publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"image":{"@id":"https:\/\/economicherald.net\/?p=3511#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/12\/GTR-Hero-Pic-ygJ9So.jpeg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/economicherald.net\/?p=3511#respond"]}]},{"@type":"WebPage","@id":"https:\/\/economicherald.net\/?p=3511","url":"https:\/\/economicherald.net\/?p=3511","name":"GTI Energy confirms exploration target potential at US uranium project - Economic Herald","isPartOf":{"@id":"https:\/\/economicherald.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/economicherald.net\/?p=3511#primaryimage"},"image":{"@id":"https:\/\/economicherald.net\/?p=3511#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/12\/GTR-Hero-Pic-ygJ9So.jpeg","datePublished":"2023-12-20T02:05:14+00:00","breadcrumb":{"@id":"https:\/\/economicherald.net\/?p=3511#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/economicherald.net\/?p=3511"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/?p=3511#primaryimage","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/12\/GTR-Hero-Pic-ygJ9So.jpeg","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/12\/GTR-Hero-Pic-ygJ9So.jpeg","width":1500,"height":844},{"@type":"BreadcrumbList","@id":"https:\/\/economicherald.net\/?p=3511#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/economicherald.net\/"},{"@type":"ListItem","position":2,"name":"GTI Energy confirms exploration target potential at US uranium project"}]},{"@type":"WebSite","@id":"https:\/\/economicherald.net\/#website","url":"https:\/\/economicherald.net\/","name":"Economic Herald","description":"","publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/economicherald.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/economicherald.net\/#organization","name":"Economic Herald","url":"https:\/\/economicherald.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","width":850,"height":760,"caption":"Economic Herald"},"image":{"@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/3511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3511"}],"version-history":[{"count":0,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/3511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/media\/3512"}],"wp:attachment":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}