Kalkine: GTI Energy Advances Lo Herma Uranium Project Amid Rising ASX200 Energy Focus

June 10, 2025 01:27 PM AEST | By Team Kalkine Media

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Kalkine: GTI Energy Advances Lo Herma Uranium Project Amid Rising ASX200 Energy Focus — Image source: Shutterstock

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Highlights

GTI Energy targets resource expansion at Lo Herma with a strategic drilling plan

Scoping study affirms project viability in the US uranium market

Drilling timeline aligns with rising nuclear energy demand

GTI Energy (ASX:GTR) is making headway at its flagship Lo Herma uranium project in Wyoming’s Southern Powder River Basin. The company has unveiled plans for a new drilling campaign aimed at expanding and upgrading its uranium resource, following encouraging results from a recently completed scoping study.

The study, conducted by BRS Engineering, confirms the technical potential of Lo Herma to support an in-situ recovery (ISR) uranium operation. It outlines the viability of an alkaline recovery process and identifies a suitable site for a central processing plant. Although the current resource confidence level does not yet allow for the publication of production targets, the company is optimistic about the outcomes of its upcoming drilling efforts.

GTI’s drilling strategy for the second half of 2025 includes infill drilling at Mine Units 1 and 2 to improve resource classification, along with step-out drilling aimed at extending the mineralised footprint. This next phase is crucial for upgrading the inferred resource and progressing toward development milestones.

As part of the project’s broader development framework, GTI is also conducting aquifer pump testing to build a robust hydrogeological model. These tests are critical for understanding groundwater dynamics and are essential to the project’s environmental and operational planning.

While Lo Herma remains central to GTI’s growth strategy, the company also maintains a strong presence across Wyoming, with additional assets in the Great Divide Basin and Green Mountain regions. As of December 2024, GTI’s combined mineral resources in the area amounted to 7.53 million tonnes, containing 10.23 million pounds of U₃O₈. Exploration targets suggest further upside potential, ranging between 12.14 million and 15.21 million tonnes, based on historical and recent drilling data.

GTI Energy’s momentum aligns with the global resurgence in nuclear energy, especially amid tightening uranium supply and growing interest in low-emission power generation. As nuclear power gains ground in the US, projects like Lo Herma could benefit from the sector’s expansion.

Investors tracking uranium exposure within diversified energy portfolios may also note GTI’s positioning in the context of the broader ASX200 index trends. Moreover, the company’s long-term potential could attract attention from those exploring ASX dividend stocks, especially as energy-linked assets remain a focal point for yield-seeking investors.

With strategic drilling on the horizon and strong regional presence, GTI Energy continues to reinforce its role as a key participant in Wyoming’s uranium exploration landscape.

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