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...
GTi Resources (ASX: GTR) Up 380%
May 18, 2020
GTR has been on a strong run, climbing another 33% this morning and up 380% since The Next Mining Boom first initiated coverage on 29 April at 1.2 cents.
$5M ASX Micro Cap Launches Uranium Exploration - Near the Only US Processing Facility
Apr 29, 2020
Who is the ASX-listed small cap that has acquired a number of highly prospective, past producing uranium and vanadium properties located in the USA at a time when that country has flagged its intentions to become a nuclear powerhouse again?