GTI Energy Advances Lo Herma Project as Fieldwork Concludes and Scoping Study Progresses

April 09, 2025 04:26 PM AEST | By Team Kalkine Media
 GTI Energy Advances Lo Herma Project as Fieldwork Concludes and Scoping Study Progresses
Image source: shutterstock

Highlights:

  • GTI Energy finalises all fieldwork studies at the Lo Herma ISR Uranium Project

  • Conceptual engineering and mine layout designs completed for Scoping Study

  • Scoping Study integration and development scenarios under review by BRS Engineering

GTI Energy Ltd (ASX:GTR, OTC:GTRIF) has reached a key development stage within the uranium sector, concluding all required fieldwork activities at its Lo Herma in-situ recovery project located in Wyoming’s Southern Powder River Basin. The progress supports continued advancement of the project's Scoping Study, which remains on schedule for release during the current quarter.

The completed field studies encompass essential groundwork for mine unit layouts, wellfield infrastructure, and engineering designs for uranium processing operations. These results complete a critical phase in establishing baseline data for the Scoping Study.

Engineering and Wellfield Design Finalised

Key deliverables now finalised include cost assessments and conceptual design plans for both the wellfield construction and uranium processing plant. These follow earlier hydrogeological and metallurgical testwork, which employed alkaline leach methods to evaluate site characteristics.

GTI Energy's executive director confirmed that engineering studies and wellfield planning have been fully scoped and costed, positioning the company to deliver the upcoming technical and economic study.

Study Integration and Development Options

Study manager BRS Engineering Inc is currently focused on incorporating the various data sets into a structured financial and technical report. As part of this work, multiple development configurations are being assessed. These include scenarios involving a standalone Central Processing Plant and options for satellite-based processing configurations.

In parallel, GTI Energy is preparing a regulatory amendment to its existing Drilling Notification Permit. This amendment relates to further exploration activities across its defined Exploration Targets at Lo Herma.

The intent is to build upon the mineral resources identified through prior exploration and enable further development pathways across the broader project area.

Broader Project Portfolio and Uranium Asset Holdings

While Lo Herma serves as the flagship asset, GTI Energy also maintains a diverse uranium project portfolio across Wyoming. These assets include drill-permitted sites within the Great Divide Basin and Green Mountain regions. Additionally, the company holds brownfields uranium and vanadium properties in Utah's Henry Mountains, which are historically known for conventional mineral recovery operations.

The completion of critical input studies at Lo Herma reinforces GTI Energy’s position in the uranium space, particularly as global attention remains focused on nuclear fuel supply and strategic resource development. The ongoing Scoping Study supports this direction, with engineering and geological findings feeding directly into the reporting process.

This milestone comes at a time when uranium-focused Energy Stocks, ASX 200 listings continue to attract industry focus, with exploration and development companies in the sector actively advancing project timelines and resource evaluations. GTI Energy (ASX:GTR) continues to progress within this framework, backed by technical achievements and a structured approach to project advancement.

 


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