The tightly held GTi Resources (ASX: GTR) has acquired a number of highly prospective, past producing uranium and vanadium properties located in the Henry Mountains, within Garfield and Wayne Counties near Hanksville, Utah, USA.
The properties cover ~1,500 hectares of the Henry Mountains region — a highly prolific region that forms part of the prolific Colorado Plateau uranium province and has provided the most important uranium resources in the USA. The region has historically produced in excess of 17.5 Mt of ore averaging 2,400 ppm (92 mlbs U3O8) and 12,500 pp, V2O5 (482 mlbs V2O5).
GTR's 1,500ha landholding is within trucking distance to the White Mesa Mill— the only conventional fully licensed and operational uranium / vanadium mill in the US.
For more on GTi Resources check out the articles below...
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