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GTI Energy (ASX: $GTI) progresses Lo Herma drilling and plans maiden drilling at Green Mountain

GTI Energy Ltd activities report for March quarter 2024


GTI Energy Ltd (ASX: $GTI) has reported on its activities during the March quarter 2024, including progress on the Lo Herma ISR Uranium Project in Wyoming and plans for maiden drilling at the Green Mountain Project. The company also announced the appointment of Matt Hartmann as President US Operations, bringing over 20 years of global mineral exploration and project development experience to oversee the company's technical and commercial activities in the US.

Executive Commentary on GTI's Activities


Matt Hartmann, President US Operations at GTI Energy Ltd, stated, 'We are pleased with the progress made during the March quarter, particularly the advancements in planning for the 2024 field season at the Lo Herma ISR Uranium Project. The expansion of the planned drilling program and the upcoming maiden drilling at the Green Mountain Project demonstrate our commitment to advancing our uranium projects. We are also excited about the potential paths for renewed exploration and resource development at our Utah uranium/vanadium projects.'

Summary of GTI Energy's Activities and Outlook


GTI Energy Ltd has made significant progress during the March quarter 2024, with advancements in the planning for the Lo Herma ISR Uranium Project and the upcoming maiden drilling at the Green Mountain Project. The company's focus on refining and expanding the drilling program at Lo Herma, along with the appointment of Matt Hartmann as President US Operations, reflects its commitment to advancing its projects. With the evaluation of potential paths for further exploration and resource development at its Utah projects, GTI Energy is positioning itself for continued growth and development in the uranium sector.

GTI ENERGY LTD
GTR | ASX | Materials
0.00450(+0%)
At close 05/07 (AEDT)
Market cap
$11.4M
Volume
501,000
DY Yield
0
PE Ratio
0
52 Week Range
0.004 - 0.015
1YR Return
-83.929%

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