GTI Resources: Restarts drilling at Thor
- GTI Resources (GTR) restarts drilling at the Thor Uranium Project in Wyoming’s Great Divide Basin
- The company is aiming to complete the remaining 60 holes of a 100-hole maiden drilling program at Thor designed to identify REDOX boundaries and potential hosts sands
- Regarding results from the completed holes, 42 per cent met both the grade and the 0.2 grade thickness (GT) cut-off with an average of 0.68GT
- These results are in line with expectations and GTI believes they indicate high potential for economic uranium mineralisation
- Shares in GTI are up 9.09 per cent on the market and are trading at 2.4 cents