GTR 0.00% 0.4¢ gti energy ltd

GTI / Bill Gates / huge potential

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    This is the main reason have invested in GTI along with the fact its capped so cheaply considering the works already undertaken and the positioning of the rescource

    GTI Resources (ASXL GTR) progresses Uranium Project next door to Bill Gates' pending nuclear energy plant (finfeed.com)

    GTI Resources progresses Uranium Project next door to Bill Gates' pending nuclear energy plant

    The acquired historical data package contains data for over 750 drill holes, representing a replication value at present‐day cost in excess of $10 million.

    As illustrated below, this information has assisted management in confirming there are 362 drill holes located within the boundaries of the now expanded Jeffrey and Rats Nest project area, which includes data from 135 drill holes that intersected uranium mineralisation.


    GTR’s foray into northern America comes at a crucial time when the US is looking to ramp up its uranium production and nuclear power capabilities.

    Just last week Reuters revealed a new campaign by the Bill Gates-controlled TerraPower LLC (Gates founded the group 14 years ago) to build commercial advanced nuclear energy plants called "Natrium" in the US later in the decade.

    According to Reuters,’The project will focus on the Pacific Northwest, where Gates has won the backing of three major utilities in the region, including Berkshire Hathaway-owned PacifiCorp.

    This initiative is part of Gates’ strategy to assist in fighting climate change, and he is targeting a technology that will lead to a significant decrease in planet-warming gases while maintaining grid reliability.’’



    GTR has continuously generated high‐quality, low‐cost data to rapidly advance the expanded Jeffrey and Rats Nest project area over the past six months.

    The company has recently completed underground mapping and sampling within the mineral leases being acquired from Anfield to support the ongoing targeting work for the next stage of exploration.

    Commenting on the informative nature of the data acquired and the extremely economical means of gathering vital details regarding the area that will assist in future exploration, GTR executive director Bruce Lane said, “Analysis of the historical data package delivered a wealth of very high-value information to GTI.

    ‘’The 750 drill holes alone would cost over $10 million in today’s money and certainly take more than a year to replicate.

    ‘’We now have several new targets to consider and the data has significantly boosted our understanding of the projects and our planning of the next phase of exploration in Utah.

    ‘’The company’s ground position has been enhanced significantly by securing the prospective ground between our Jeffrey and Rats Nest projects and now the new data package has helped us to quickly and cost-effectively improve our understanding of the potential at the expanded Jeffrey project area.

    ‘’An additional bonus from analysing the data package was the discovery of over 100 drill holes at the Moki Project area.

    ‘’These holes have helped us in understanding the mineralisation potential of the Moki Project area which sits next to Energy Fuel’s Tony M Mine.”

 
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