GTI Resources Ltd (ASX:GTR) has recommenced drilling to complete the balance of the 100‐drill hole exploration campaign at the Thor ISR Uranium Project in Wyoming’s Great Divide Basin.
Results to date confirm the discovery of a significant uranium mineralised system with strong economic potential.
The remaining 60% of drilling program will further test the newly discovered mineralised uranium system at Thor.
Drill rigs
Two mud rotary drill rigs are on site and have commenced drilling.
The program aims to complete the remaining around 60 holes of a planned 50,000‐foot (~15,000 metres) ~100‐hole maiden drill program at Thor.
Drilling has recommenced within the western extent of the project area.
Priority for exploration
GTI Resources acquired 100% of the around 22,000 acres (~8,900 hectares) across several groups of strategically located and underexplored mineral lode claims and two-state leases, prospective for sandstone-hosted uranium.
These properties are in the Great Divide Basin & the Uravan Belt, Colorado, US.
The Wyoming Properties, which are GTI’s priority for exploration, are close to UR Energy’s Lost Creek ISR Facility & Rio Tinto’s Sweetwater/Kennecott Mill and the GDB roll front REDOX boundary.