GTR - second US based JORC uranium resource due next week

Published 27-JUN-2023 11:55 A.M.

52.5 seconds read

Shares Held: 41,043,000

Options Held: 1,579,715

Our US uranium Investment GTI Energy (ASX: GTR) just kicked off an airborne geophysical survey at its newly acquired ISR uranium project in Wyoming.

At a high level the geophysical surveys are a form of target generation works - working out the best spots to drill in the company’s future exploration programs.

On the second page of today’s announcement GTR also announced that it had acquired more geological data for the project - a follow up on the $15M in drilling data acquired back in March.

GTR has already scanned anc combined the new data with the existing datasets and expects to have its maiden JORC resource announced next week.

What’s next for GTR?

Lo Herma JORC resource 🔄 - Maiden JORC resource estimate due by the end of Q2-2023.
Exploration at Lo Herma project 🔄 - Airborne geophysics started today, GTR expects to be drilling here towards the end of this year.
Exploration at Green Mountain project 🔄 - Airborne geophysics planned with drilling targeted for H2-2023.