{"id":961,"date":"2023-11-03T04:54:07","date_gmt":"2023-11-03T04:54:07","guid":{"rendered":"https:\/\/economicherald.net\/?p=961"},"modified":"2023-11-03T04:54:07","modified_gmt":"2023-11-03T04:54:07","slug":"long-shortz-with-gti-energy-a-buffalo-big-maiden-resource-from-the-budding-uranium-developer","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=961","title":{"rendered":"Long Shortz with GTI Energy: A buffalo-big maiden resource from the budding uranium developer"},"content":{"rendered":"<p>It\u2019s a buoyant time for uranium developers and GTI Energy is getting on its megaphone from Wyoming to heed the call.<\/p>\n<p>Stockhead\u2019s Sarah Hughan sits down with <strong><a href=\"https:\/\/stockhead.com.au\/company\/gti-energy-gtr\/\">GTI Energy (ASX:GTR)<\/a><\/strong> executive director and CEO Bruce Lane to get the short end of the long story on the <a href=\"https:\/\/stockhead.com.au\/resources\/asx-quarterly-wrap-gti-declares-maiden-uranium-resource-hillgrove-on-track-for-copper-production\/\">company\u2019s latest works.<\/a><\/p>\n<p>During the quarter just passed, GTI Energy declared a maiden inferred resource estimate at its Lo Herma project in Wyoming of 4.12 million tonnes at an average grade of 630 ppm U3O8 for 5.71 million pounds of U3O8.<\/p>\n<p>The project is ~10 miles from the US\u2019 largest ISU U3O8 production plant at Cameco\u2019s Smith Ranch-Hyland and ~60 miles from UEC\u2019s Irigaray &amp; Energy Fuels\u2019 Reno Creek.<\/p>\n<p>GTI Energy\u2019s achievements are presented across the backdrop of a bullish uranium spot price, which recently climbed above $US70\/lb \u2013 a performance last seen as far back as 2008.<\/p>\n<p>\u201cThe uranium price is certainly heading in the right direction and creating some excitement out there and the other factor that\u2019s occurring is a real move to long-term contracting\u2026as it used to be many years ago,\u201d Lane told <em>Stockhead TV<\/em>.<\/p>\n<p>Tune in to hear GTI Energy\u2019s Bruce Lane on what to expect next from Lo Herma and the greater uranium market.<\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/stockhead-tv\/long-shortz-with-gti-energy-a-buffalo-big-maiden-resource-from-the-budding-uranium-developer\/\">Long Shortz with GTI Energy: A buffalo-big maiden resource from the budding uranium developer<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>It\u2019s a buoyant time for uranium developers and GTI Energy is getting on its megaphone from Wyoming to heed the call. Stockhead\u2019s Sarah Hughan sits <a href=\"https:\/\/economicherald.net\/?p=961\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":962,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Long Shortz with GTI Energy: A buffalo-big maiden resource from the budding uranium developer - 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=961\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Long Shortz with GTI Energy: A buffalo-big maiden resource from the budding uranium developer - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"It\u2019s a buoyant time for uranium developers and GTI Energy is getting on its megaphone from Wyoming to heed the call. 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