Positioned For US Uranium Demand
GTI has acquired ~21,000 acres of strategically located and under-explored ISR uranium properties in Wyoming’s Great Divide Basin (GDB) on the GDB roll front uranium oxidation/reduction boundary.
GTI plans to commence drilling on the Thor Claims area with a 50,000-foot mud rotary drill program in December 2021.
Uranium & Vanadium Properties in Utah, USA
- Acquisition of Anfield leases joins Jeffery & Rats Nest projects into much larger contiguous tract covering 5.5km along the interpreted strike of the mineralised trend.
- Analysis completed of historical data covering leases being acquired from Anfield Energy Inc. & existing Jeffrey, Rats Nest & Moki Project areas in the Henry Mountains Utah, USA.
- The data package contains over 750 drill holes, including 362 drill holes within the now expanded Jeffrey/Rats Nest Project, and 107 drill holes within the Moki Project.
- June 2020 drilling assays from Jeffrey Project received, delivering vanadium assay results up to 41,055 ppm (4.11%) V2O5 and confirming gamma logging results up to 7,642 ppm (0.76%) U3O8.
- Preparation for future exploration activity is progressing with evaluation and prioritisation of drill targets underway.
Highly Prospective and Underexplored WA Gold Project
- Aircore drilling completed during 2020
- Gold anomalism confirmed
- New licences granted during 2020
- Historical gold production & drilling data shows exciting potential of new licences.
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GTI Resources receives further encouraging results from Thor ISR uranium property
historical gold and uranium assets in the near-term
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GTI Resources receives further encouraging results from Thor ISR uranium property
“We’re delighted with the performance of the geological team and the drill crew in Wyoming, and we look forward to more good results after the Christmas break,” says executive director.
GTI Resources Ltd – GTI Resources reports further encouraging results from Thor ISR uranium property
Mud rotary drill rigs, ancillary equipment and support vehicles at the Thor Project.
GTI Resources Ltd (ASX:GTR) has completed another 15 drill holes at the Thor in-situ recovery (ISR) uranium project in Wyoming’s Great Divide Basin.
The explorer is in the middle of a 100-hole drilling campaign at the uranium property, where it has completed 39 holes to date.
Of those, 19 have met or exceeded a grade thickness (GT) cut-off, averaging 0.60 GT.
GTI Resources drilling continues to intersect uranium conducive to in situ recovery at Thor Project
GTI Resources Ltd (ASX:GTR) has completed 24 holes of its ~15,000 metres ~100-hole maiden drill program within Exploration Area 1 at the Thor ISR (in situ recovery) Uranium Project in Wyoming’s Great Divide basin.
10 of the 24 holes (42%) drilled to date with two mud rotary drill rigs have met or exceeded the grade thickness (GT) cut-off with an average of 0.68 GT (typical economically viable ISR grade and GT cut‐offs are: 0.02% (200ppm) uranium and 0.2 GT).
These results are in line with expectations and are viewed by GTI as indicative of the high potential for economic ISR uranium mineralisation.
GTI Resources makes positive start to maiden uranium drilling program in Wyoming
GTI Resources Ltd (ASX:GTR) has made a highly encouraging start to its maiden drilling program at the Thor ISR Uranium Project in Wyoming’s Great Divide Basin with mineralisation meeting expectations for economic ISR recovery.
Positive results have been returned from the first 10 holes of a program of about 100 holes for around 15,000 metres with five holes meeting both grade and GT (grade + thickness) cutoff for an average GT of 0.99.
Two mud rotary drill rigs were used to drill the first of a planned 100-hole program at exploration area 1 at the Thor ISR project.
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Reach Us
GTI Resources Ltd
Level 1
89 St Georges Terrace,
Perth, WA 6000
PO Box Z5187
Perth WA 6831
+61 (0) 8 9226 2011
info@gtiresources.com.au