GTI Energy Ltd (ASX:GTR) has finalised the planning for its 100,000 feet uranium drilling program at the Great Divide Basin ISR Project in Wyoming, USA, with permitting and bonding also close to completion.
This campaign will target known roll fronts for ISR amenable uranium at the project.
It will include 40,000 ft of follow-up at Thor and 60,000 ft of drilling collectively at Odin, Teebo, Loki and Wicket prospects.
Looking ahead, GTI anticipates to kick-off drilling in the coming weeks and have it completed by Christmas this year.
“Advanced stage”
GTI executive director Bruce Lane said “Preparation for our follow-up drilling campaign in the Great Divide Basin is now at an advanced stage.
“We have sequenced the drilling to deliver the full 100,000 ft program prior to Christmas as originally planned.
“We are confident that we can successfully execute the drilling this year which will set GTI up to produce a uranium resource report in 2023.
“We look forward to providing updates in the coming weeks as the program progresses.”
Drilling at Thor
Thor is the most advanced of the GDB project areas and is adjacent to Ur-Energy Inc’s (URE) 18 million-pound Lost Creek uranium deposit and operating ISR uranium processing plant.
Exploration at Thor to date has identified mineralisation with economic potential based on widths, grades and depth of mineralisation.
The upcoming program at Thor is now planned, permitted and bonded to include follow-up drilling of up to 70 new holes totalling 40,000 ft to target extensions of the two miles of mineralised roll front identified from drilling completed earlier this year.
This new drilling will focus on the northeastern section of the project including the two Wyoming state leases northeast of the lode claim block which GTI previously successfully explored.
Drilling at Wicket East
The Wicket East claims abut the southern boundary of Ur-Energy’s Lost Soldier Deposit.
Drilling of up to 20 holes totalling 20,000-ft at Wicket East seeks to explore a projected mineralised trend extending from the southern boundary of URE’s Lost Soldier property for about three miles, as defined by historic drilling information similar in nature to that used to plan the successful maiden drilling program at Thor.
Drilling at Odin, Loki and Teebo
Odin and Teebo are adjacent to Uranium Energy Corp’s (UEC), formerly Uranium One, Antelope Project.
The Loki claims sit south of UEC’s Antelope & north of URE’s Lost Creek.
Drilling of about 40 holes totalling 40,000 feet collectively across Odin, Teebo and Loki also seeks to explore mineralised trends, over a combined length of five miles, as defined by the historic drilling information previously used to plan successful maiden drilling at Thor.