GTI Energy Advances Lo Herma ISR Uranium Project with Critical Drilling and Resource Growth

January 17, 2025 12:21 PM AEDT | By Team Kalkine Media

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GTI Energy Advances Lo Herma ISR Uranium Project with Critical Drilling and Resource Growth — Image source: shutterstock

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Highlights

GTI Energy (ASX:GTR) initiates drilling at the Lo Herma ISR Uranium Project in Wyoming.

Aquifer testing and metallurgical analysis are key steps in advancing project viability.

Lo Herma's uranium resource increases by 50%, now totaling 8.57 million pounds.

GTI Energy (ASX:GTR) has embarked on a pivotal phase of development at its Lo Herma ISR Uranium Project, located in Wyoming’s Powder River Basin. The company has commenced drilling three groundwater monitoring wells to facilitate aquifer testing, a crucial step in confirming the orebody’s suitability for in situ recovery (ISR) mining.

This groundwater drilling program aims to analyze hydraulic parameters within the aquifer containing the Lo Herma orebody. The data will be used to confirm the orebody’s capacity to support ISR mining, a low-impact, cost-effective uranium extraction method. Weather permitting, this phase of drilling is expected to be completed within the coming weeks.

Scoping Study on Track for Early 2025

GTI Energy’s efforts to establish Lo Herma as a leading uranium resource are bolstered by the project’s recent resource update, with uranium resources growing by 50% to 8.57 million pounds. According to Bruce Lane, GTI Energy’s Executive Director, the company’s immediate objective is to deliver a comprehensive scoping study in the first half of 2025.

The current drilling and subsequent aquifer testing form a critical part of this study. Results from both aquifer and metallurgical tests are anticipated in February 2025. GTI has enlisted Wyoming-based BRS Engineering Inc. to lead the scoping study. Known for its extensive experience with ISR uranium projects in the region, BRS brings valuable expertise to the partnership.

Advanced Metallurgical Testing Underway

Drill core samples from Lo Herma have been meticulously prepared and logged for chemical assay and metallurgical analysis. These samples are undergoing tests under alkaline leach conditions, a technique widely used in the Powder River Basin’s ISR operations. GTI Energy reports that testing is progressing as planned, with results expected in February.

Lo Herma’s Strategic Position in Wyoming

Wyoming’s Powder River Basin is renowned for its ISR uranium production history, dating back to the 1970s. The region is home to established uranium resources, processing facilities, and satellite deposits, positioning Lo Herma among highly prospective assets. While Lo Herma remains GTI’s flagship project, the company also holds drill-permitted sites in Wyoming’s Great Divide Basin and Green Mountain area, along with conventional uranium and vanadium assets in Utah’s Henry Mountains.

With focused advancements and a growing resource base, GTI Energy is making significant strides toward establishing Lo Herma as a prominent ISR uranium operation in Wyoming’s energy landscape.

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