GTI Resources Ltd resumes drilling at Thor ISR uranium project in Wyoming’s Great Divide Basin

Results to date confirm the discovery of an important uranium mineralized system with strong economic potential.

GTI Resources Ltd (ASX: GTR) has resumed drilling to complete the remainder of the 100-hole exploration campaign at the Thor ISR uranium project in Wyoming’s Great Divide Basin.

Results to date confirm the discovery of an important uranium mineralized system with strong economic potential.

The remaining 60% of the drill program will further test the mineralized uranium system recently discovered at Thor.

Drilling rigs

Two rotary mud drills are on site and have started drilling.

The program aims to complete the approximately 60 remaining holes of a planned inaugural drill program of 50,000 feet (~15,000 meters) ~100 holes at Thor.

Drilling has resumed in the western part of the project area.

Exploration Priority

GTI Resources has acquired 100% of approximately 22,000 acres (~8,900 hectares) spread across several groups of strategically located and under-explored mineral vein leases and two-state, prospective sandstone-hosted uranium leases.

These properties are in the Great Divide Basin and the Uravan Belt, Colorado, USA.

The Wyoming properties, which are GTI’s priority for exploration, are close to UR Energy’s Lost Creek ISR facility and Rio Tinto’s Sweetwater/Kennecott mill and GDB’s rolling front REDOX boundary .

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