GTI Energy Ltd (ASX:GTR) executive director Bruce Lane tells Proactive the company has produced a large, inferred maiden mineral resource for the Thor and Teebo prospects of the Great Divide Basin Uranium (CSE:NCLR, OTC:BURCF) Project in Wyoming, US, delineating 1.32 million tonnes at 570 ppm uranium for 1.66 million pounds of contained uranium metal. In addition, he says GTR is excited by the early potential at Lo Herma in the Powder River Basin where it is digitising historical drill data and has expanded the project footprint by staking 4,000 additional acres of ground.
GTI Energy sets sights on defining Lo Herma uranium resource