GTI Energy Ltd Advances US Uranium Edge with BLM-Approved Lo Herma Drilling Program, Paving Way for Resource Upgrade and Investment Growth
Thursday, July 24, 2025
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8:58 am
GTI Energy Ltd secures a key drilling permit in the US, setting the stage for a September 2025 program to expand and upgrade its resource base. With robust government backing and top-tier contractors, this move could boost value amid America’s growing nuclear revival.
GTI Energy Ltd has confirmed a significant milestone with the approval of a drilling permit from the U.S. Bureau of Land Management for its flagship Lo Herma Uranium Project. With final state approval expected from Wyoming in August 2025, the company is set to mobilise top-tier local drilling contractors in September to begin an extensive drill campaign. This project is positioned to benefit from the current U.S. administration’s strong backing for expanding domestic uranium supply and the nuclear revival underway in America.
The drilling program at Lo Herma is robust and multi-faceted, aiming to expand the current Mineral Resource Estimate while upgrading Inferred resources to higher confidence categories. Plans include step‑out drilling to target resource expansion north of proposed Mine Units 1 and 2, along with infill drilling designed to convert Inferred Mineral Resources into Indicated resources. The campaign comprises up to 121 drill hole locations spanning approximately 37,500 metres. Additional initiatives in the program include groundwater observation well installations and diamond drilling for metallurgical testing, all vital for optimising mineral processing and improving the project’s economic outlook. An updated Mineral Resource Estimate is anticipated in the fourth quarter of 2025, to be followed by a revised Scoping Study ahead of the Final Investment Decision on mine construction.
The technical indicators highlighted include the current resource figures for the Lo Herma Project, reported as 6.21 million tonnes at an average grade of 630 ppm, containing an estimated 8.57 million pounds of U3O8, with Indicated resources making up 32% of the total. The company also notes additional upside from drill-permitted projects in Wyoming’s Great Divide Basin and Green Mountain area, as well as conventional uranium/vanadium assets in Utah’s Henry Mountains.
The news presents a bullish sentiment for GTI Energy Ltd. Strengthened by regulatory permits and strategic partnerships with experienced drilling contractors, the company is well placed to capitalise on renewed institutional and governmental support. The upcoming drilling program is designed to deliver critical data that could significantly enhance resource estimates and drive project economics, which bodes well for investors looking to benefit from a domestic supply rebound.
Conversely, the announcement also suggests caution. The project remains subject to various permitting processes, and forward-looking statements indicate potential risks associated with drilling performance and technical uncertainties. Any delays in state approvals or discrepancies in drilling outcomes might temper investor expectations in the near term. For beginner traders, while the outlook appears promising, it is important to consider the inherent risks associated with early-stage exploration and development in the resource sector.