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GTI Resources: Restarts drilling at Thor

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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
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