GTI Energy set for resource update next month

Proactive - Interviews for investors

GTI Energy Ltd (ASX:GTR, OTC:GTRIF) CEO Bruce Lane talked with Proactive’s Tylah Tully about the company’s progress toward delivering an updated mineral resource estimate (MRE) and exploration target for the Lo Herma ISR Uranium Project in Wyoming's Powder River Basin. Lane shared that GTI Energy remained on track to release the updated estimate next month. This will include an expansion to the exploration target following recent drilling successes in the Fort Union formation and the addition of 2,500 metres of new terrain. He noted, "We've prepared split core and samples for metallurgical analysis," positioning the company to further its scoping study efforts. Lane also highlighted how resource development drilling earlier in the year aimed to increase the global resource from the current 5.7 million pounds and to potentially upgrade a portion to the indicated category. The campaign yielded encouraging results, validating drilling hypotheses in the north and east regions of the project, which positions GTI Energy for future resource upgrades. Discussing the outlook for GTI Energy, Lane emphasized the potential impacts of recent political and energy policy shifts, including bipartisan support in the US for nuclear energy and anticipated regulatory changes. He shared that GTI Energy aligned with industry growth trends in light of the US Department of Energy's plans to increase nuclear power capacity by 35 gigawatts over the next decade, contributing to increased uranium demand. #ProactiveInvestors #GTIEnergy #ASX #GTI #OTC #UraniumProject #BruceLane #PowderRiverBasin #MineralResourceEstimate #UraniumExploration #NuclearEnergy #ResourceDevelopment #MiningIndustry #EnergyPolicy